My post simply means that the economy right now is not bad as it was before, if the government gets it right as the way they are doing now, we might experience economic growth and development. There is nothing contradictory about that. I am watching everything closely.
Inflation in Nigeria right now has significantly decreased. I hope it will not change back to previous time. Naira is also appreciating in value. I will not be surprised if it appreciates further to next year.
What is your source so I can look at it properly, I'm into buying and selling and price of goods hasn't gone stable for more than 1 week since last year. Most of the things in Nigeria are not longer subsidized by this current administration, from petroleum products to healthcare so what have they done with the money ? Borrowed more than Late Buhari did in 8 years, so are we progressing as a country when everything is being borrowed for?
I supported this Govemment and my expectations were high but I haven't seen any good framework to economy recovery.
International passport? How much was it in 2018 when minimum wage was ₦18000? What should we expect when many people want to japa?
18k in 2018 is worth more than 70k today - rice was N6,500, today rice is 75-90k worth more than our minimum wage so where is the value? Nigeria do not even Japa reach the Asians so this is not an excuse.
The Govemment official passports are free, the citizens passport is 100k/2000k. Minimum wage is 70k.