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.
Nobody is happy with this government. But at least it was not like 2023 and 2024 which was full of naira devaluation and inflation. What I noticed now is that food price is better. Naira exchange rate is better. About the price of goods, especially the foreign goods, the inflation is not like before, but I am surprised that despite that there is fall in dollar price, they still remain kind of stable. We should not expect the prices to fall significantly because it is also not good for the economy. We all know how the country was not good at all in 2023 and 2024 but 2025 things are getting better. I am also buying things which I am using for the evaluation.
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.
Rice has risen to 120000 naira in 2024. Almost all of them are having 2024 prices now. I do not mind that if they can remain at certain range for a long period of time than further increase. Although, beans price dropped significantly.
The Govemment official passports are free, the citizens passport is 100k/2000k. Minimum wage is 70k.
Which one is citizen's passport? Are you referring to international passport? What I know as citizens passport is the national passport and it is not expensive.