I CAN'T BREATHE
It is so sad that one of the richest African countries commonly known as the giant of Africa, "Nigeria" is convulsing economically. Reporting from some citizens: "Nigeria was not mature enough to be an independent country, she had a lot to learn from the colonial master's government." The problems we Nigerians cannot be discussed exhaustively in just an article. Just to mention the alarming problems:
INCREASE IN FUEL PRICE:
It is so unfortunate that Nigeria is one of the prominent oil producing countries yet the fuel price is increasing geometrically. In the last administration, the fuel price was within the price of 100 to 120 naira, now we're currently buying a liter at the price of 400 naira. Talking about this, fuel is not primarily used by car owners, rather, business owners to run their businesses because we have a shortage of electricity in our country. There are many communities who have lived over three years without having electricity. What I am actually saying is nothing but the truth. It is so choking, yet citizens still see these happenings and go ahead to vote the same people in power. So insensitive!
Furthermore, with the high fuel price, we have limited supply of fuel. We need to be on a queue to buy the high-priced fuel. What a country!
With this, you will agree with me that bad governance leads to economic problems.
LIMITED CASH FLOW:
Currently, according to the news report, my country wants to implement a cashless policy; but new naira notes were produced and a deadline was given that all citizens should return the old notes to the bank. When citizens started to comply with this instruction, the flow of cash reduced. People have difficulty in withdrawing their own money. "We need to buy money to use money," so strange. The POS charges 200 naira to withdraw just 1000 naira; this is because there is difficulty in withdrawing money. Somewhere in the state, some citizens collapsed in the bank as the result of stampeding in the queue to withdraw money.
Imagine how every citizen is passing through this situation, how then will the masses survive; because definitely the government is affected in a way.
TO MY READERS:
I'm actually not an economist but I love to gain knowledge from it. So, what could be a possible means to break free from this situation; because as it stands, it is definitely choking. We need SALVATION!!!
