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Nairaland Forum / Nairaland / General / Politics / Why Are Things So Expensive These Days? (457 Views)
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Why Are Things So Expensive These Days? by colestephan86: 10:05pm On Mar 28, 2022 |
people say the reason things are expensive is cos of the soaring exchange rate. 1 Japanese Yen is =3.36 Naira, yet Japan is an extremely advanced country. So why are things so expensive here. I don't understand |
Re: Why Are Things So Expensive These Days? by carl90(m): 11:37pm On Mar 28, 2022 |
Inflation. |
Re: Why Are Things So Expensive These Days? by Sergio104(m): 11:46pm On Mar 28, 2022 |
......see question |
Re: Why Are Things So Expensive These Days? by DaddyGoo: 12:16am On Mar 29, 2022 |
1.Inflation. 2. Little to no local productivity (we don't even refine our crude) 3. A large percentage of our HUGE population is unemployed based on (2) above. 4. The generally unfavorable regional and global financial and security situation. 5. Corruption and dishonesty in dealing with ourselves. The best example of this is how we can't even account for the utilisation of the fuel we import daily with billions of hard earned and limited USD earnings. 6. Localised insecurity resulting directly and indirectly from all of the above. In conclusion, a country where the Army is on internal security operations in almost ALL the states is surely experiencing shocks that surpass economic instability. Never mind the obvious repercussions of this fact, some of which I have enumerated. Does Japan share the same problems? Maybe some, but surely not at our level for the few they may have. May God protect and keep us all in this country. 2 Likes 1 Share |
Re: Why Are Things So Expensive These Days? by SarkinYarki: 12:18am On Mar 29, 2022 |
Because people like U voted Buhari 2 Likes |
Re: Why Are Things So Expensive These Days? by olisaEze(m): 5:05am On Mar 29, 2022 |
You planted cassava and you’re expecting to harvest cabbage, no be juju be that?? "Even if he has Nepa Certificate we will still vote for him!" And what do you get for letting Nepa Certificate manage your economy? An economy as epileptic as Nepa!! |
Re: Why Are Things So Expensive These Days? by colestephan86: 7:08am On Mar 29, 2022 |
DaddyGoo:Thanks man, For the explanation |
Re: Why Are Things So Expensive These Days? by alanto: 7:30am On Mar 29, 2022 |
Bad government policies High dollar exchange rate Fuel price hike Not using 5, 10 naira and kobo Insecurity. High tax and vat |
Re: Why Are Things So Expensive These Days? by Deprofessional(m): 11:54am On Mar 29, 2022 |
My happiness is that those who voted the current regime are finding life extremely hard. |
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