The touchstone of living of an average Nigerian under President Muhammadu Buhari regime is steadily declining every daytime as prices of food go on to skyrocket daily.
Without whatsoever uncertainty, the current growth in prices of goods and services is tied to low farming activities, low productivity as a final result of the worsening insecurity, particularly in the Northern part. Many farmers flee their farms out of fright for their lives as bandits, Boko Haram, and herdsmen onrush communities and kidnap families.
The current realities are forcing families into starvation, as an average Nigerian who could afford to feed 3 times in a daytime are at present struggling to feed twice or less, because of the economical state of affairs in the country.
On a monthly basis, prices of food items appear to be increasing in major cities in Nigeria. For illustration, the prices of flour products such as ‘bread’, grains such as ‘rice, beans, garri’, and regular beverages have experienced unimaginable hike in damage within the in conclusion one month whether compared with preceding months within the yr.
DAILY POST findings reveal that, “the damage of the regular ready to eat can fish ‘Sardine’ sold at N300 at present goes for N600 at the market place and sell at N700 in supermarkets across the country. A bag of beans sold at N30,000 early in conclusion month ‘September’ at present costs betwixt N50,000 and N100,000. Also, sachets of beverages (e.g, milk, milo) sold at N700 at present sells at N1200, cooking gas 5kg sold at N2000 at present sells at N3000”. Bread that used to sell for betwixt N350 to N400 at present sells for N700. Nearly all the prices of consumables have doubled within the in conclusion 1 month.
Millions of working-class Nigerians can no longer live a decent life on their income not to utter of those earning lower than the minimum wage. The inquiry that brothers most Nigerians is, “how does a Nigerian who earns a minimum wage of N30,000 live on with the current hike in the damage of food? How do families feed?” Sadly, these questions remain unanswered.
The country’s national minimum wage is N30,000 per month, mainly relevant to civil servants as some private sectors pay as low as N15,000 to workers. Also, many province governments are yet to implement the new minimum wage.
DAILY POST interacted with some Nigerians who expressed their sadness over the state of affairs, calling on the regime to human activity directly.
A worker simply identified as Gloria said it’s been tough for her to feed as a spinster since the alter in damage.
She said, “I used to eat 3 times a daytime with breakfast but at present I just handle to feed twice. During Goodluck time, I used to eat 3 times but at present I eat in one case, my salary growth doesn’t fifty-fifty matter because I could afford to a greater extent things years agone than I can at present, but I pass way higher.”
Mr Dapo, a civil retainer, lamented that he has 2 kids and is finding it tough to cater to them. He said, “I go to work every daytime and I cannot boast of my salary taking attention of my household anymore. The luncheon pack for my kids has reduced because fifty-fifty biscuits have increased. The other daytime, I went to purchase gas for N10kg, it has increased too. My married woman keeps complaining that the money she uses to feed the household for a month can barely sustain us for 2 weeks. What does Buhari want us to do? Is this the alter he promised us? I don’t think we have anything similar average Nigerians, it’s either you’re poor or rich under this Buhari regime.”
One Mr Akin who works at a private company in Wuse 2 lamented that these days, he misses luncheon break at work twice in a week because of the growth in prices of stuff in enjoin not to be stranded before the terminate of the month. He said, “I wouldn’t prevarication to you madam, things are fitting worse oh! Imagine luncheon I purchase every daytime at N500 is at present N700 and its fifty-fifty in smaller quantities. The adult female in the canteen does not fifty-fifty sell N100 plantain; it starts from N200. How does Buhari want responsible workers to live a good life? As a immature man, at present I can’t fifty-fifty think of having a lady friend not to utter of taking her on a date because of how expensive things are. This regime just wants us to struggle and not be able to fifty-fifty live a decent life. I don’t fifty-fifty know what the regime is doing to halt this, but they demand to aid us regulate these prices. We can’t live similar this till 2023. Please aid us utter to them, at to the lowest degree they’ll take heed to the media”.
Recall that on Oct 1st, President Buhari during his Independence Daytime speech blamed the middlemen for the rising in food prices, stating that the middlemen have been buying and hoarding these fundamental commodities for profiteering. He directed the Ministry building of Agriculture and Rural Evolution to rehabilitate the National Food Reserve Agency and also work with security agencies, the Nigerian Commodity Exchange, and the National Assembly to regain a lasting solution to these disruptive and unpatriotic hoarding activities.
The president said, “To farther heighten food production, we have completed several new dams and are in the physical process of rehabilitating several River Basin Evolution Authorities to heighten groundwater render for rainfed agriculture as good as surface body of water for irrigation agriculture”.
The House of Representatives, days agone also set upwards a special commission to conduct an investigative hearing with all critical stakeholders in the country and carry out the root cause analysis on the rising cost of food items.
But whether the regime fails to regain a lasting solution to insecurity issues such as bandits onrush in communities, herdsmen attacks on farmers and villages, the prices of food will go on to rising, and the unemployment rate will growth.
The current realities have caused businesses to closed downward over the cost of production. Experts believe the trend has an adverse effect on unemployment rate which is already high.
DAILY POST observes that unemployment chain is already too high but the number of companies leaving Nigeria due to insecurity and lack of investors is pushing to a greater extent Nigerians into unemployment patch universities still churn out graduates.
Investors will consider countries where the security of their staff, asset is guaranteed.
Source link from dailypost.ng