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Author Topic: The rising rate of debtors in the society has become a reason for concern.  (Read 28 times)
Faazs (OP)
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November 14, 2025, 04:22:24 PM
 #1

The rate of inflation resulting to hardship in the country is alarming and it's pushing many into debt on a daily basis, many are longer able to afford their basic needs like feeding, clothing and shelter before thinking of secondary needs, it's disheartening how the country has fallen so low, people are feeding from hand to mouth. Leading people to take loans they might not be able to pay over time, the country has become a safe heaven for loan sharks who are on a daily basis exploiting the weakness in the society. The question is how do we cope, how do we survive in these crisis bewildering us as nation.
Spaceman1000$
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November 14, 2025, 08:42:07 PM
 #2

The rate of inflation resulting to hardship in the country is alarming and it's pushing many into debt on a daily basis, many are longer able to afford their basic needs like feeding, clothing and shelter before thinking of secondary needs, it's disheartening how the country has fallen so low, people are feeding from hand to mouth. Leading people to take loans they might not be able to pay over time, the country has become a safe heaven for loan sharks who are on a daily basis exploiting the weakness in the society. The question is how do we cope, how do we survive in these crisis bewildering us as nation.
Since way I Sabi something as adult, I never know whether time dey way Nigeria don ever better, na so so struggle people dey struggle. As pikin way I be, I remember when people dey use sawdust as stove to use cook because say they cannot afford to buy kerosene to light up their cooking stove. In fact, as far as I remember, na suffer head many children for naija use grow up, it has always never been Rosey for an average Nigerian child no be today, it has teyed.

Omo watin we dey see today, na luxury compared to watin men don go through, there is hardly a house you will go and not see cooking gas as at today, Omo na only reach people dey use gas in those days. If you think am lying, just ask around your neighborhood, I might not know how old you are, probably you too witnessed it, but if you didn't, ask the elderly ones living around you, them go tell you say this matter don tie wrapper and Gele no be today.











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Berry2d
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November 14, 2025, 10:26:55 PM
 #3

If Nigeria a country blessed with different mineral resources are still leaving on debts what then can you say to citizens whose government has know plans for when we are aware of some of the duties of the government which is to provide a stable cost of leaving and also create job opportunities.

For over some years now the inflation rate has increased when there is no increase in salary or  job opportunities to provide capital for balancing such occurrence. in other for survival, citizens are faced with no options than to live on constant debts so as to provide the basic need of humans.

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