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Showing posts with the label Where is the hope?

Where is the hope?

By Ezinwanne Onwuka I AM smitten with nostalgia when I remember the 'good old days'. The days when N5,000 could buy a big fowl that would feed a family of six. How much did you buy a fowl last Christmas?  Oh! How could I have forgotten that Nigeria’s economy dealt with the majority of us last year so much so that we had no option but to be grateful for life and good health, and watch the clock tick away the minutes? 2023 was tough It was a year of sustained financial misery for many Nigerians. It began with a frenzied naira scarcity that had us buying currency. Had it not been for the Supreme Court which came to the rescue, the barter era could have descended upon us.  While Nigerians were still recuperating from the harsh effects of the naira crunch, the new president, Bola Tinubu, scrapped the petrol subsidy that has kept the cost of petrol cheap in the country for decades. Nigerians are yet to recover from the impact of that single decision.  Inflation is reaching for ...