Quote from: Doan9269 on February 19, 2024, 12:29:01 PM

Nigeria in West Africa was once known to be the giant of Africa, lets start by its way of politics before going straith into the economy discussions in proper, it has been a country that has no prevailance of diversity until the political era set in after the independence and the leaders could not control themselves anymore than going after their personal agenders instead of the public interest, Its now a thing of freedom for any political candidate who betray the people and the government not to face the court of law, because immunity covers them, while an average citizen may steal a loaf of bread and landed into prison.

Now lets focus on the current economy situation in proper, am such a person that doest like much of politics because of the dirty games they play in it, but if we are to look back to the era of Goodluck Jonathan to this time, we can see that alot of things have gone wrong so badly with the economy and this has nothing than the influence of the selfish political parties and their interests, inflation is now the order of the day as the people could hardly or barely afford to make ends meets on a daily basis, we all know the implication of this at the long run, there will be increasing poverty and crime rate.

Going further into the economy crisis ongoing, the government could not help in any means to put a stop into this, instead, things keep getting worse and worse everyday, currently you can see the way things are very expensive in the market due to inflation because of exchange rate due to naira devaluation, currently as at today, you can exchange naira to dollar at $1 to be #1,700 and still increasing as we speak.

I will like us to discuss broadly on any of the possible highlights i will be dropping below and give our own opinions on the about the current state of the economy.

1. Will a massive and national protest not emerge soon like that of End SARS, as the people were getting to their elastic limit on economy hardship.

2. There's no plan on increasing the employment rate and minimum wage, what will be the effect of these on the country leaders of tomorrow.

3. Are we having an incompetent leader or the people around him are the ones causing the uproar for their own benefits, we can remember this, that the truth will always prevail, any illegal achievement will not last for good, because the foundation is evil, is there nothing wrong with the last conducted election.

4. If nothing is done, we should expect the economy to keep getting worst than ever, but i doubt if its not causing a lot of innocent people already as ransom.

lets discuss.

I highly recommend what you have said about our current situation in our beloved country Nigeria,Since President Bola Tinubu assumed office in May 2023, Nigeria has seen significant increases in the prices of various essential goods and services, affecting the cost of living for millions
While the government argues that these increases are necessary for economic reforms and sustainability, they have undeniably contributed to the rising cost of living.

1.Fuel price surge
2.Electricity tariffs increase
3.Rising cooking gas prices
4.⁠Higher transportation costs