Why is the cost of things still on the high side？

[Foden]

The cost of things will continue to remain on the high side because the leadership is not making a reasonable effort to ensure that people have to spend little to survive. When a system is bad everything in that system will be bad also. For things to change for the better, we have to change the way we do things in our country. If we can revamp our economy things will get better and the cost of living will be affordable.

The leaders are not really trying their  best for real . Like the economic is just cramp and bullshit ,if the leaders try and put more effort and face the economy I guess things will be more better and cost of living will be normal and much more affordable.
The leaders need to are not promoting or supporting the economy, we really need prayers for them so we can afford to live perfectly.

[Axcel777]

The cost of things will continue to remain on the high side because the leadership is not making a reasonable effort to ensure that people have to spend little to survive. When a system is bad everything in that system will be bad also. For things to change for the better, we have to change the way we do things in our country. If we can revamp our economy things will get better and the cost of living will be affordable.

The leaders are not really trying their  best for real . Like the economic is just cramp and bullshit ,if the leaders try and put more effort and face the economy I guess things will be more better and cost of living will be normal and much more affordable.
The leaders need to are not promoting or supporting the economy, we really need prayers for them so we can afford to live perfectly.

The economic challenges of developed countries may result from leaders not wanting to work on these issues. If the were really interested in good management of the economy we rather obtain more stable economic environment and more resultant reasonable cost of living. This is not enough just promoting increasing support to the economy; it is necessary to initiate concrete concrete actions to improve the situation in society. Perhaps worship for good leadership is also essential because good and responsible leadership also leads to a better and more secure and hopefully wealthy way of life.

[Chilwell]

The cost of things will continue to remain on the high side because the leadership is not making a reasonable effort to ensure that people have to spend little to survive. When a system is bad everything in that system will be bad also. For things to change for the better, we have to change the way we do things in our country. If we can revamp our economy things will get better and the cost of living will be affordable.

The leaders are not really trying their  best for real . Like the economic is just cramp and bullshit ,if the leaders try and put more effort and face the economy I guess things will be more better and cost of living will be normal and much more affordable.
The leaders need to are not promoting or supporting the economy, we really need prayers for them so we can afford to live perfectly.

The leaders care only about themselves and their families, they don't care about the existence, and lives of their followers, the leaders can positively change the system of this economy if they are willing to do so. But they are turning a deaf ear to the Cries of the Poor and a blind eye to the suffering of the Citizens. The leaders can put more effort on the society, community, economy and the country at large, to maintain the stability of the country. The poor are facing one problem to another and everyone has the right to be happy. Being poor or not, Happiness is a fundamental human rights, regardless of socioeconomic status,  it is not a privilege. So our leaders need to shine their eyes.

[Didia Sofunichi]

Inflation is a global trend as the cost of goods and services not just in Nigeria are rising by the day.

The coast of edible food in Nigeria is nothing to write home about as families barely food twice daily.

I think the hike in prices of for and services is occasioned by the hike in the cost of premium motor spirit (PMS).

I also think that the happenings across the world also contributes to the inflation

[Penlex_Writer]

This is indeed a funny country indeed, I thought business man and women where following the trend DOLLAR DEY ON THE HIGH SIDE, is the dollar still up?
Few weeks ago, a single dollar was sold for N1900 and business people used that as the perfect excuse to increase the prices of commodities, and as at today, exchange rate from dollar to naira is $1 is equal to N1,395.46 ($1usd = N1,395.46). Nigerians just want to make more money out of every crises and this is not helping out economy despite the fact that dollar has gone down, many business men and women still don't want to reduce the price of things, even the new stuffs they bought are still sold at the old rate which is really really bad. I think the government should really do something about this before things gets out of hand.

I don't really think is the rise of dollar,nigeria are use to it,inflation of prices is there business stragies especially when the fuel is in high price.

[Chilwell]

Exactly what I was explaining to a friend about the price of things currently in the country, but he asked me a question and I felt like asking it here too.
Are you sure that the cost of things will go back to normal again?
If yes what is your reason.

The current trend of rising commodity prices has led many to wonder if they will ever return to their pre-inflation levels. Unfortunately, it seems unlikely that prices will revert to their normal rates anytime soon. While it is possible that prices may stabilize or even decrease slightly, a return to the pre-inflation prices appears improbable.

However, it is essential to remain hopeful and optimistic about the future. The global economy is constantly evolving, and various factors can influence commodity prices. while a return to normal prices may seem unlikely at present, it is crucial to remain hopeful and focused on finding ways to navigate the current economic challenges. By working together and exploring new opportunities, we can build a more resilient and stable economy for the future.

[Didia Sofunichi]

I think inflation is a global trend, it's not just synonymous with a particular country, state or area. The wars around the world  and inflation I think is responsible for the hike in the price of goods and services, I was taught in basic economics that when there is roo much amount of money in circulation chasing fewer goods that the price of goods and services will increase.