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Author Topic: How can we cope in this bullish nigerian economy?  (Read 58 times)
Stepstowealth (OP)
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February 14, 2024, 10:30:17 PM
 #1

I'm a bit concerned about the bullish prices of things in the markets, I know it is affecting everyone because every time that you go to the market to get household items, you discover that the prices you got in the last time are no longer the current prices. How do we cope with this economic challenge as Nigerians that keeps reoccurring, we try to adjust and before we can adjust and recalculate our income to the new cost of things, they change again to a higher price. Is there any hope that the prices of things will return back to the amount they used to be?

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Adams0001
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February 16, 2024, 10:09:04 PM
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I'm a bit concerned about the bullish prices of things in the markets, I know it is affecting everyone because every time that you go to the market to get household items, you discover that the prices you got in the last time are no longer the current prices. How do we cope with this economic challenge as Nigerians that keeps reoccurring, we try to adjust and before we can adjust and recalculate our income to the new cost of things, they change again to a higher price. Is there any hope that the prices of things will return back to the amount they used to be?

Nothing can change the price of a thing because the government hasn't said anything about it, and since they removed the fuel subsidy, everything has just increased in the market without decreasing, look how dollar has increased to nearly $1,600, and you're saying the price of things should come down because our naira no longer has much value. The only thing that will bring all of these problems down is to cut the country's fuel prices before anything else, because that is the most place the country is generating profit.

Food has increased since our old administration, but we are managing because fuel has not increased, and people are still obtaining food to chop, but this time I was unaware of the true crisis with our economy, which is deteriorating by the day. We would just manage things like that to make our country better. I know that everything will eventually become history, and if you see a problem in another country, you will say that Nigeria's economy is better, Let us stop complaining about the economy because nothing we can do about it since our leaders are not saying anything.

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