Post
Topic
Board Economics
Re: Rising Price in goods and services
by
Charles-Tim
on 15/02/2025, 15:45:01 UTC
Since the COVID-19 there had been global economy crisis and the Russian war and the Israel wars has also been a limestone triggering the exceeding of the long term inflation.
The inflation in Nigeria was mainly caused by bad government approaches and how the government failed to know what Nigeria needs to have good economy. Naira that was 385 to a dollar last year is now 1590 to a dollar..what can we call that? I see no one calling it hyperinflation but I think it is hyperinflation in the country.