Post
Topic
Board Economics
Re: Rising Price in goods and services
by
aylabadia05
on 22/02/2025, 20:51:05 UTC
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?
Not only Nigeria, it could be that many countries will experience the same fate if the increase in the price of goods and services occurs while job vacancies for the community are narrow or difficult. In developed countries, there are not a small number of immigrants or I call them nomads who try their luck abroad because of economic problems. They will compare the value of their currency with the value of foreign currencies that are exchanged with their currency. If there is a legal loophole there to work, they will go abroad.