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Topic: The high cost of living in nigeria. (Read 699 times)

jr. member
Activity: 80
Merit: 9
March 11, 2024, 10:01:46 AM
#43
I hope that in this modern era, the available options for the government of any nation, to creating an enabling environment for business to thrive, are the proper formulation and implementation of fiscal and monetary policies.
Fiscal policy is concerned with taxations and revenues driven by a drafted budgetary framework. So how far has the Nigerian government done with this international standard that is always adopted to creating jobs all over for the teeming unemployed youths and adults.
Monetary policy handles the issues of the total volume of money supply in a nation to cushion inflation of varying degrees.
Nevertheless, im in full doubt as to whether the Nigerian government has been able to deal with these neoliberal permutations.
On the basis of this doubt, the hardship would linger on for decades irrespective of leadership changes that takes place during elections.
full member
Activity: 560
Merit: 161
March 10, 2024, 03:34:48 AM
#42
This one na major problem wey almost everybody for this country dey face but the truth of the matter be say the so called government no dey carry out their functions, the government of this our country dey selfish and self-centered dey no care about the people wey for the country because all these things wey dey happen no dey really affect. Well na God na em be our sustainer and no matter how everywhere red reach we go still survive.
If to say the goverment care the most important thing wey dey for do for common man is to regulate the price of food for the common man.  But because say the government no get us at mind na why dem no even care to try to make any effort to make things better. The price of food items still increases on a daily basis and it is even getting worse that people can no longer even afford it.
sr. member
Activity: 756
Merit: 454
March 08, 2024, 09:37:45 PM
#41
The way things be ehn for Nigeria, the cost of things dey very very high, high cost of food, transport don turn to something else, if person no they careful, person fit mad or die self for how things they carry cost, person no fit chop bellefull again, and where person no supposed trek waka go but as transport don over cost, people they trek am go. Na God dey really sustain e children and na e make to only get one source where money they come from dey bad, because as e be now, so if person no double e hustle, e go bad well well, to eat go be war or to get small thing wey you dey use they sustain yourself.

My broda e be as e get for the contri and this con be like say nah wetin everybody choose, we go suffer am like that be cos me I see greed as one things wey make us dy where we dy so. Transportation moni high all in the name of drivers wan make gain becos them buy fuel at high price make them no get shortage if them keep T.P at normal price and na another reason why things dy high like this. If fuel prize go down I believe say other things go go down too, but we still get some yeye piple wey be say when them see things high them go still keep am high even when the prize don come down, na the greed be that.
God dy really help us becos if not many for don die go, imagine person wey no get anything to hustle for how that kind person wan take eat well? E red oh and the doubling of hustle you talk of e no still change anything becos as you take get the goods to do your business you go wan sell am high to get your gain and who you expect to buy wetin em moni no reach? If not for God we for don finish for this contri.
full member
Activity: 588
Merit: 119
March 08, 2024, 06:47:13 PM
#40
This one na major problem wey almost everybody for this country dey face but the truth of the matter be say the so called government no dey carry out their functions, the government of this our country dey selfish and self-centered dey no care about the people wey for the country because all these things wey dey happen no dey really affect. Well na God na em be our sustainer and no matter how everywhere red reach we go still survive.

The government dey but the one wey we individuals dey add join the problem self dey. I wonder why people will just try to inflate price anyhow. Some traders has seen this as an avenue to extort their fellow Nigerians. How much do they sell a satch of water in your area? Mine is #50. Something that if they sell for 2 for #50, thy will still make a profit of #150 on a bag. But they keep selling it one for #50 to make double profit. Is it government here also? The country can be better if we as individuals change our mindset.
member
Activity: 168
Merit: 77
March 08, 2024, 10:52:00 AM
#39
The way things be ehn for Nigeria, the cost of things dey very very high, high cost of food, transport don turn to something else, if person no they careful, person fit mad or die self for how things they carry cost, person no fit chop bellefull again, and where person no supposed trek waka go but as transport don over cost, people they trek am go. Na God dey really sustain e children and na e make to only get one source where money they come from dey bad, because as e be now, so if person no double e hustle, e go bad well well, to eat go be war or to get small thing wey you dey use they sustain yourself.
sr. member
Activity: 266
Merit: 205
March 08, 2024, 01:58:35 AM
#38
It's no longer news that inflation have practically taken over every sector of the economy, and the government are actually clueless of what actions that should be taken for things to come back to normal, we are complaining of how our naira has lost value in the international market, our current president is removing subsidy from our crude product without even making provisions for we to have our own refinery, which have made everything to skyrocket to the highest,  I have ever experienced in my existence in this life, till the government start doing the right thing by building our own refineries and focusing more on domestic production to bust our economy, so that our naira will appreciate, things will keeps on get uglier by the day.
sr. member
Activity: 224
Merit: 195
March 08, 2024, 01:51:31 AM
#37
The thing wey they pain me pass for this country na the way things they cost every day, by, day and he no consyn the government because them they enjoy. and the problem wey dey worry this country be sey them Sabi complain, them no fit protest. even though them protest the government go Just bribe them with 10k or 20k to stop protest

So. main looking at Nigeria situation na we be the problem of this country, we suppose unite, attack the government and their property, if thing wey they happen for the country they really pain the citizens the protest suppose hot

This country fit take one day beta. because a lot of money they float for the country
It is not about bribing those who came out to protest cause I believe by now majority won't fall for that. The only thing is that Nigerians are avoiding every form of massacre, remembering all that has happened like the End Sars protest which ended up with sheds of blood, no body wants to experience such again that is one reason people are yet avoiding such actions.
jr. member
Activity: 61
Merit: 7
March 08, 2024, 01:42:12 AM
#36
The thing wey they pain me pass for this country na the way things they cost every day, by, day and he no consyn the government because them they enjoy. and the problem wey dey worry this country be sey them Sabi complain, them no fit protest. even though them protest the government go Just bribe them with 10k or 20k to stop protest

So. main looking at Nigeria situation na we be the problem of this country, we suppose unite, attack the government and their property, if thing wey they happen for the country they really pain the citizens the protest suppose hot

This country fit take one day beta. because a lot of money they float for the country
sr. member
Activity: 434
Merit: 275
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March 06, 2024, 10:09:06 PM
#35
The high costs of living in Nigeria is really alarming. Sometimes I wounder how long this will last because everyone is fed up. Goods skyrocket everyday even garri for common man as it usually use to be cheaper has become more expensive than before. Accommodation has also become more expensive by the day to afford to pay for rent has become a big problem to the extent that most people has gone back to the village an start farming business. When you talk about educational sector, school fee is very high. Emagine the school fee of a primary school student now, is my school fee when I was in higher Institution. Transportation is another problem because most people whom work and receive little salary end up spending it on transportation and they might just end there salary in transportation fee. The economy is really bad I am always greatfull how I find myself in this BTT, if not what would I have done? All thanks to God .
sr. member
Activity: 434
Merit: 254
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March 06, 2024, 10:33:54 AM
#34
If you buy something today by tomorrow the price will go up, when will all this stop,
Sometimes when I begin to imagine the bad condition of Nigeria I will just laugh we are now in a situation where by if you want to buy anything you need to budget extra Money with you because what you buy 200 naira in the morning might increase to 250 naira in the evening, when you ask why the seller will tell you dollar has increased, is not really there fault the government has failed us they don't have the interest of the citizens at heart.
If the price of Petro was low transportation wouldn't have been high these has also affected this price of things in the country. Honestly speaking the really need to something about this situation before things we get out of hand.

That's why it is important for a government to think before deciding on the policies to take in other to better the life of the people, if the government were sincere on subsidy removal they would have rolled out some programmes or ways to caution the effect of the subsidy removal, mate, inflation has dealt with Nigeria and again no price control of any kind, any person can wake up and decide the price he or she wants to sell respective of what consumers think.

The new and the old government has shown incompetence in different areas of governance just imagine when a governor can not be hold accountable for anything just because he is a member of the ruling party, every commodity in Nigeria is messed up because we have people that are are in power because of selfish reasons.
full member
Activity: 182
Merit: 131
Bitcoin or nothing
March 06, 2024, 09:21:55 AM
#33
If you buy something today by tomorrow the price will go up, when will all this stop,
Sometimes when I begin to imagine the bad condition of Nigeria I will just laugh we are now in a situation where by if you want to buy anything you need to budget extra Money with you because what you buy 200 naira in the morning might increase to 250 naira in the evening, when you ask why the seller will tell you dollar has increased, is not really there fault the government has failed us they don't have the interest of the citizens at heart.
If the price of Petro was low transportation wouldn't have been high these has also affected this price of things in the country. Honestly speaking the really need to something about this situation before things we get out of hand.
sr. member
Activity: 546
Merit: 447
Fine by Time
December 16, 2023, 10:30:30 AM
#32
What I don't really understand and I need clarity on it is how dollar rate affects the prices of goods and services, I mean goods that the materials are sourced locally. In this country everybody takes advantage of every slim opportunity that come there way.

Recently, south Africa frowned and stopped to use the services of multi choice company like DSTV and gotv. If Nigerians should adopt this action. I think they will think and consider.
There is nothing difficult there to understand. There are two ways that goods and services are being purchased. Most goods are imported  and services are from foreign countries but there branches or sub divisions based in our country nigeria. This is why they are being expensive. I have a freind who is into import and export, he was lamenting yesterday about the cost of clearing consignment on the border. Irs actually high and this is because of the dollar rate. So i dont blame them if things gets high.

While goods and services that are from our country directly are less expensive because its been produced here.
member
Activity: 224
Merit: 68
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December 15, 2023, 12:51:01 AM
#31
With the price of petroleum products it is obvious that things will be very cost imagin buying 1 liter #690.do u know how much liter that will take you to another state with the bad road and other factor may even affect ur car. Everything in Nigeria are transported.Carrots and onions are from Northern part far North,how much will the farmers get ,by the time it reach wholesale,retailers and consumers will suffer it more that y the cost of living is hard and Expensive not everyone can afford it so
full member
Activity: 560
Merit: 161
December 14, 2023, 06:09:15 PM
#30
What I don't really understand and I need clarity on it is how dollar rate affects the prices of goods and services, I mean goods that the materials are sourced locally. In this country everybody takes advantage of every slim opportunity that come there way.

Recently, south Africa frowned and stopped to use the services of multi choice company like DSTV and gotv. If Nigerians should adopt this action. I think they will think and consider.
What is affecting the price of things is not just the rate of dollar,  the price of petrol is also affecting commodities in the market.  Food processed by machines,  petrol are needed for this to take place. Petrol is needed to transport goods from one place another,  even if the naira gains value thing might still be expensive because of the price of petrol in the market.  The increment of petrol has really make thing to be very expensive in the market.
sr. member
Activity: 434
Merit: 265
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December 13, 2023, 04:32:38 PM
#29
Yes oo, we dey for very hard times and the cost of living dey very high, but the truth na be say even the government sef don know say anything wey dem do, our own na just to grumble and to murmur we no dey fit do anything other than that one, las las we go adapt to the system, now see the price of petrol before e be like say dem been dey plan to bring am down small but now e don increase again because we nor dey talk. If to say each state organize their own protest tell if the FG no go reason our matter? But because dem don know say na for only for back yard  we take dey complain naim make dem no dey even reason our matter sef. Money wey person dey pay for flight outside the country sef cost well well, so even internationally dem wan still kill us, I nor know weda dem think say we get money. Naira price dey crash continuously and anywhere you go buy something dem dey use that one as opportunity to take increase price pass the normal price.
I really understand watin you dey try to talk my man, and you know say even if we try harder, nothing ho come out for inside our suffer, just remember back when things been good, things dey go well and businesses dey move wela for business people them but nowadays no positive news about some business people.
Well the truth be say for each government season, e dey always dey clear for some people and bad for some people (shau you dey get my point?).
And those we e dey clear for self still dey complain sha but reason am say those way e dey clear for dey complain, watin those way e no clear for go do?
This country done tore everybody but how we go do? When our government no ready to change the bad situation of this our country too good one, people like us way dey do bolt take dey survive for thr country before, now our president done remove Fuel subsidy, so things done hard well well, sha our life no dey for this our government them hand, na God hand everything dey sha.
newbie
Activity: 28
Merit: 2
December 10, 2023, 05:03:19 PM
#28
What I don't really understand and I need clarity on it is how dollar rate affects the prices of goods and services, I mean goods that the materials are sourced locally. In this country everybody takes advantage of every slim opportunity that come there way.

Recently, south Africa frowned and stopped to use the services of multi choice company like DSTV and gotv. If Nigerians should adopt this action. I think they will think and consider.
sr. member
Activity: 504
Merit: 268
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November 29, 2023, 10:31:49 PM
#27
Yes oo, we dey for very hard times and the cost of living dey very high, but the truth na be say even the government sef don know say anything wey dem do, our own na just to grumble and to murmur we no dey fit do anything other than that one, las las we go adapt to the system, now see the price of petrol before e be like say dem been dey plan to bring am down small but now e don increase again because we nor dey talk. If to say each state organize their own protest tell if the FG no go reason our matter? But because dem don know say na for only for back yard  we take dey complain naim make dem no dey even reason our matter sef. Money wey person dey pay for flight outside the country sef cost well well, so even internationally dem wan still kill us, I nor know weda dem think say we get money. Naira price dey crash continuously and anywhere you go buy something dem dey use that one as opportunity to take increase price pass the normal price.
sr. member
Activity: 2842
Merit: 326
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November 29, 2023, 06:21:57 PM
#26
True talk but what would people do against the government? Nothing naija people would rather stay starving than to vent their anger on any unfriendly policy by the government now that ethnicism and tribalism was used to elect the president some section of the country that control the press would not release any negative news about the sufferness naija people are being subjected to due to the high cost of living, everybody kept quite as if not is happening honestly there is hunger in the country a lot of people find it hard to eat three square meals daily parents are withdrawing their children from private school to government schools because they can't afford to pay high fees and so many bad things going on as as a result of removal of subsidy.
full member
Activity: 322
Merit: 211
November 29, 2023, 10:59:06 AM
#25
This one na major problem wey almost everybody for this country dey face but the truth of the matter be say the so called government no dey carry out their functions, the government of this our country dey selfish and self-centered dey no care about the people wey for the country because all these things wey dey happen no dey really affect. Well na God na em be our sustainer and no matter how everywhere red reach we go still survive.
   The current situation of our economy is a major in the retarded lifestyle of the people, it's affecting all from top to bottom but the difference is in just its level of effect. The country's resources are just kept unutilized and mismanaged thereby causing  poor revenue and in turn depreciates the economy. Resources meant for the growth of the country is now owned by individuals which is not suppose to be so.
   It's very much difficult to afford a comfortable meal as a person talk more of a home with children, where they'd have to pay numerous bills and yet still there's no improvement in their income neither is there improvement in their means of survival. Standard of living no come easy again for person to live, the matter just day go bad day by day the only way out of this matter na when we ourselves choose those way go lead us, person way go take our interest to heart and not for him own pocket. We too get the idea say once we reach that office na to chop our own share. Once we start to day reason differently, the country fit day go in the right direction. The backwardness continues and one is left with no other choice than to manage life in a nation that's very much filled with resources for her citizens to live in affluence.
sr. member
Activity: 742
Merit: 349
November 29, 2023, 10:01:44 AM
#24
Di cost of living de very high for Nigeria now, prices of goods and services de skyrocket everyday. I don reason am say if any Nigerian de wait wen government go make di economy beta, na sorry be im name, because poverty na im di person de invite for im life. My morale be say in di midst of all di hardship people still de make am for di country, millionaires de emerge everyday. So how dem do am, na to reason outside di box. Dat na why person like me come adopt bitcoin, because I see prospect to make am for inside, if i diligently follow di guidelines well, I go de earn inside am, join di small business wey I de do. E get plenty ways to make money inside bitcoin, even dis bitcoitalk forum wey we de inside people de earn money take support life.

E don te we we de hear say e go better, but with every administration wey enter dem go give promises of a beta Nigeria, in di end di economy go became worse off dan wen dem enter. My advice for every Nigerians, na to be di change wey dem wan see, so in our own little ways make we de do di right things to make di country a beta place.

My brother if you hear any Mr president come to the and say it will get better just know say Nigeria go see shege, I Don hear E go better now since wey I never grow up, to be honest since when I dey grow up Nigeria dey always becomes worst day by day, every year na so things price dey get high, but from the looks of things bah na we dey cause, during election we dey sell our vote because of money, and after we sell our vote finish na so we go dey complain about, I dey remember all those days wey we dey shout say EMI no Kan for Mr tinibu and now see waiting we dey face since wey him enter office.

Na buhari regime I dey think say things cost but this year own bad pass buhari onw this year never favor any body since wey Mr tinibu come sit, I hope say we fit survive this kind life wey we dey live for Nigeria? Because the everyday na him I dey see people dey complain about food, most especially fuel, and thieves come plenty for country again, if you enter social media now you will be seeing how they are arresting thieves, my brother make everybody go double na him remain now.
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