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 don't really understand Nigerian politics, but from several articles I've just read, the crisis in the country occurred because Nigeria is dependent on imported goods and also corruption in the government has not been resolved properly, resulting in the local currency weakening against the dollar.
btw, what happened in nigeria actually happened in our country too but the conditions are a little different. Inflation is really felt in the third world, my country is the same, when our political conditions are bad then people's purchasing power decreases which results in a lot of unemployment, besides that the government in our country seems to have no way out for the latest problems, they are more concerned with the positions they currently hold than listening to the complaints of the people.