Post
Topic
Board Nigeria (Naija)
Re: Nigeria and the Current State of its Economy
by
Antotena
on 22/08/2024, 16:53:42 UTC
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


You see this current government, they are one of the most useless and dishonest governments we have ever had. I don't know how to even rate their performance but I will tell you for free they are the worst in the history of our nation. The campaign promises the 3 candidate made was to remove fuel subsidy and channel that waste money into education and infrastructure but in the end, Tinubu removed subsidy on his swearing day and went back to pay subsidy, that's a dishonest thing to do.

The only thing a common person enjoy from this country is subsidy which is from the same oil and since it was removed, price of fuel has gone up which result in the general increase of commodities and goods, literally even the air we breethe are expensive right now in Nigeria, they removed electricity subsidy. I think it's left for the government to remove education subsidy since they are already given loans to some Nigerian students. I hope it's not too late to save this country.