The cost of living in Nigeria over the last six to eight years has really shot up, leaving an average working Nigerian with about 30,000 as a backbone for living in the society.
Over the years, surveys show that most Nigerians’ salaries have not increased, even with the increased prices in the market. one of the problems here, according to research, is that the government spends more than they earn just recently about 2.98 trillion was estimated to be used for the Niger Delta invasion, which I am sure could be solved through a less harsh process.
According to Google, Nigeria ranks number one globally with a 66.7 per cent crime rate as of 2021. We don’t need a soothsayer to tell us that it’s our youths who constantly embark on strikes about low salaries and difficult living, take for instance, the ongoing Resident doctors ‘ strike happening in the nation. one would start to wonder why doctors flee abroad or is it the current fuel subsidy that is expected to hit a thousand naira soon.
Even with the rising cost of living, most youths have no jobs, leaving them frustrated and months later, engaging in unexplainable rites which result from, yahoo or rituals. Or is it the current ‘Evian’ gibberish that almost every youth wants to be involved in?
The impact of the rising cost of living has not only affected Nigerians, it has really depreciated Nigeria’s economy, leaving it in pieces with nothing left. But luckily, a change of government has happened and we hope that in the next few years, all the promises will be fulfilled and a better economy will be born.
– Atama Dorathy.
Mass Communication Student,
Prince Abubakar Audu University Anyigba, Kogi State.