Literally this shit is getting out of hand, those that are having the mindset that as dollars is increasing it would make their investment more profitable. Don't forget that as the rate of dollars increasing, that are things are also getting more expensive. So even though you convert your dollar to fiat with big rate. The expenses out there would still endup taking those profit's from you.
My brother, you see these figures, they are going to keep increasing because there are no measures to hold it back. Tinubu administration is only thinking of palliative and not solution, moreover the palliative also ends in government offices. We have seen the way Nigerians have been hussling and fighting over food on the road and hijacking trucks of yam which is unfortunate. Unfortunately, if they don't fix the economy, there won't be an end to this inflation and food scarcity. There have not been measures to stop insecurity and farmers can't go back to farm, the rise in the cost of food is not excluded from the insecurity in the nation. So we are going to keep having this problem of rise in cost of living until the key sectors of the economy is getting attention. The electricity problem dey worst daily, no refinery, insecurity, transportation and many others dey tie the economy like wrapper.
My brother if you dey talk about dollar things, Omo people wey deir business dey for dollar dey enjoy na po. You can't compare dollar to Naira. Last two weeks dollar exchange na 1, 450 and today na 1,650 meaning say 200 hundred naira don add join. So this mean say if you hold $1,000 dat last week, you get 1,450,000 Naira and today that same $1,000 don enter 1,650,000 Naira. So the inflation for the two weeks no concern you because you already get extra 200k in Naira to stand with am. Therefore, you can't compare person wey dey collect dollar with person wey dey receive naira for this country.
Thank God that we all are still alive because this country I don't know where they are carrying it to, so my brother the fderal government said we sould have patience that Nigeria will be better soon
My brother we still thank God but if you see Tinubu convoy you go know whether dem too get plan for this country. If you know how much government dey spend on convoy you go know say dem no want manage. So to ask people to manage or be patient dey baseless and annoying.