This is so educative.
Excellent write-up.
Tankz so much.

Acidosis:


So rather than buy rice and other food items in small quantities, you can buy your food stuff in bags (larger quantities). If the free fall of the Naira continues, you would have to spend more Naira buying fewer food items without any assurance that your income (especially when you're a salary earner) will increase in tandem.

I am aware that many times we are scared, wondering whether prices won't fall tomorrow. Lol. History is the greatest teacher.

I read a story of a man in the North who bought thousands of Dangote sugar at N30k per bag, stored all. Today, a bag is worth almost N70k. Some called him names and said he's one of the people causing hyperinflation but that's completely false. You would only be causing inflation by storing scarce commodity. Sugar dey everywhere, rice is not scarce either, so buy as much as you can, and be strategic. Prices of certain items MAY fall and others may not.

$1 is currently 15,000 Lebanese pound. Like Nigeria, their free fall started from N1,000. If nothing inspires us enough to plan ahead, the Lebanon story should. You can read up the mess they're in and how they got there.