The increase in prices that has not been seen for a long time has shocked Nigerians

 

The rise in prices in Nigeria has forced many of the country's citizens to embrace the type of food that is called "eat-don't-die", sometimes even some sleep-hungry citizens are suffering from increased costs without limits, which can be said that young people under the age of 30, have never seen such in their lives. "The price is not true... it does not touch the market. As long as the price is asked, it does not touch the market, more especially in Adamawa," The price of goods is what is called today's price, tomorrow's price is different, for the householders who go shopping statistics from the National Bureau of Statistics said inflation has been rising for the 12th consecutive month, reaching 28.92 percent from 28.20 percent in November. In December last year, prices reached their highest level in more than 27 years. The statistics agency said that this happened because of the high cost of food, a situation which aggravated the cost of living and added pressure on the Central Bank of Nigeria to increase the interest rate. A householder in Gusau, the capital of Zamfara state, said recently that he bought a bowl of rice for 2,400 naira but was charged an additional 300 naira. Likewise, the bread he bought for 800 naira, "When I went to buy it on Monday, It went back to 1,100. Back then, I used to buy it for 400 naira." reporter resident of Adamawa, said that a bag of Maggi is now worth 800-900 naira, while a bag of rice which is the staple, she said, is worth 1,500-1,600 naira. "In the past, you could go to the market, with your three thousand. Buy your rice. Buy your maggi, buy some meat or fish, decorate your soup a little, including spices, she said. "Well, now you are trying to live, not to have a balanced diet. It is not about a balanced diet. You just have to eat and not die." According to reports, since 1996, the rate of inflation has been the highest in Africa's largest economy. The statistics show that food price inflation, which is the largest component of consumer prices in Nigeria, rose from 33.93 percent in December to 32.84 percent in November. The most expensive foods include bread, cereals, cooking oil, fish, meat, vegetables and eggs. "And that affects family life." She said that the cost has made almost everyone learn to eat at home. This must affect the family, Its critics in the country relate it to the increase in the price of fuel and the decline in the value of the naira she said that the incident caused stress and heartbreak between the couple. "The master will go out and go to look for it. He will come back and you will see him as if he has been beaten. You ask him and he says no, you keep asking, and he starts to get angry. The master will not like it, he went out and did not get what he wanted. His family will not eat, then he will return happily. He is gone!" A boy who runs a forest store in Gusau said that now it is not possible to guess the price of a product. The first thing that bothered me was the price of bread. He said that they are only giving patience to their families because things are more difficult for a poor person like him. Analysts such as David Omojomolo of Capital Economics have predicted that inflation in Nigeria could reach 30 percent by the end of the first three months In May, President Bola Ahmed Tunubu came up with the boldest reforms in decades after abandoning the plan to remove fuel subsidies, and the value of Nigeria's currency collapsed to revive the economy. However, the growth is yet to be seen, as inflation continues to worsen.

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