The rate at which things are becoming expressive is alarming, the rising of prices of goods and services like in Nigeria is affecting the livelihood of the people. Many Nigerians have travel out because of high rates in prices and low financial value.
Is this a global phenomenal or is only Africans going through this economic deflection and poor government system?
I have no idea how price increases affect other countries, but I am confident that each country is coping with one or two different issues. The high rate of goods happening in Nigeria is because of a lack of right governance; we have yet to find leaders who are capable of fighting for the happiness of the people of Nigeria. However, we believe the country was not much better before, but the cost of products and services started rising right after as your president chose to remove the fuel subsidy, and it has been nearly two years.
Furthermore, how confident are you that many individuals who move out of the country do so because of high prices? You have no point how much it costs to live in any country to which they relocate. I have yet to see a Nigerian who traveled out and was happy that the pricing in another country was lower than in Nigeria. Prices would only improve if we have a good government because other countries hardly complain about their governments like Nigerians.