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what makes me worried soo much is our local food,the seller keep telling me dollar have increased, now dollar has been slash down a little the cost of living still remains the same.what is happening to my people.
I guess the price of fuel, is what still make the price of things to remain high since the price of dollar has depreciated to naira and the price of commodities still remain the same in the market, but if the federal government can bring the price of fuel down to #300 per liter, it will surely affect the sellers to reduce the price of goods and services in the country.
Those sellers still telling you is dollar that still make the price of local food items high in the market, tell the person that the naira has appreciation to #1,200 to dollar that made the price of items to remain unchanged in the market, and the government has fight to closed down some cryptocurrency exchange in Nigeria for the price of commodities to reduce but the cost of living is still higher in the land.
If the government can work on the price of fuel, the price of goods and services will begin to dump for people to begin to live a normal life that will not be stressing them to spend too much on food items and other things in the country.