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I want to use this medium to greet all great Hivers. How has been your day so far, hope you are all doing good? I'm positive minded that it's all well and fine.
Aside the fact that Dollar is rising against Naira with the rate of 1$ for N1,147 on standard rate. The issue of inflation has really taking a center stage and there seems nothing that could be done to it anytime soon. I could remember during the regime of the former President, Goodluck Ebele Jonathan, that we are critically castigating the rate of dollar against Naira currency at 1$ for just N125 then, if I am not mistaking that was around 2015, that's almost eight years ago.
Also, I could remember how the former president in person of Dr.Goodluck Ebele Jonathan was hugely criticised because of value of Naira against Dollar, without the knowledge that what's worst lied ahead of us. We are now fasttrack to 2023, that's eight years things became really worst. Funniest thing is that, those who were criticizing Jonathan's government are the ones in power now.
That being said, talking about the rise of dollar against Naira, but then the issue of inflation shouldn't be neglected. And mostly, in Nigeria inflation is always triggered by the price of motor spirit (Fuel). The price of goods we consume has gone up thrice of what we use to buy. I could remember a crazy scenerio that I ordered for chicken feeds for my birds which I had made payment. The day I ought to receive my goods was delayed. Later that day I was informed that the price of feed has gone up again that I will have to add to the money I paid to get the amount of quantity of feed I initially ordered. The issue of inflation has gone crazy to the extent that, the price of things you bought now could go up in the next minutes. Even if you are single, your expenses is as much as that of the married people. Not that its equates it but the differences of the expenses is not far off.