Hi Guys,
I'm curious to know if there is a cost of living crisis in your country and if you are feeling the effects of rising goods and services.
I'm Australian, and the inflation rate in 2023 was over 4%.
I have noticed significant increases for everyday essentials like food, petrol and utilities.
The cost of petrol is around $2.10AUD per litre, which is insane.
Let's hope things improve in the near future because the current state of things is unsustainable.
I don't want to say that it's gradually becoming a hopeless situation in Nigeria right now but that is what it tends to be at the moment because the inflation is now out of control, people who have multiple jobs were able to provide for themselves and family but right now the economy is constantly rendering all their hard work and efforts useless.The price of petrol is a major factor that disabilizes everything, this isn't the only thing causing economic hardship but it's one of them. The Nigerian government can do better than this because, we have a lot of resources and Nigeria should be swimming in abundance but it's the total opposite of that