Hi guys it's good to be part of this family. Actually this is my very first time creating an article in this great community and I hope I am welcome? Okay, today I will be discussing briefly about the current situation in the economic sector of my country Nigeria. The economic sector of my country is drastically deteriorating with any better changes to it.
We now suffer series of meltdown like the fuel scarcity which the price is just going higher daily without any solid reason it is so. Another problem we are facing in with our economy is the shortage of capital distribution in the country. It was stated according to the body of government in Nigeria that there will be change in the current money used in the country and everyone were mandated to change to a new note with the maximum of a month. How possible can that be?
This issue of money has now left to an increased risk in the country Because you can't do anything at all because you won't be able to get cash; even from banks. Series of problems were created day by day to ensure the government cub this act but this won't stop. Everything in the country began to become increase and yet there is not enough money for people to afford it.
Who will then patronise the seller when there is no money to buy it. This act has cause economic setback to most of the aspect of the country thereby leaving the citizen of the country no choice than to cry out. These led to riot which some people loose their life in the process but still no changes yet. One thing we all know as a citizen is that, this act is done because of the upcoming election which the government believe they can use this act to fight against some people that have stolen money for the campaign of election but this is affecting the masses who have less amount of money with them..
Getting a better stabilised economy will bring more profit to the people and also to the country, money is needed by all and sundry and this should not be made a problem or a barrier to us all..I am sure there should be a different probably after the election that will be held this month..