A Nigerian man has asked why the prices of goods like cement are not going down as the dollar rate is now below N1300 according to CBN guidelines.READ FULL CONTENT
In a post he made on X, the man wondered why the prices of things like bags of rice have remained at the high price they climbed a few weeks ago.
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The prices of staple foods such as rice skyrocketed in the country, with a bag of foreign rice going for as high as N85000.
He insisted that it was not only the government that was to blame but individuals who attribute many things to the dollar.
In his post, the man said:
“Dollar dropped from 1900 to 1200 and the price of 1 bag of rice, phones and other things didn’t reduce by 1 naira. Governments aside, we sef we be thieves for this country.”READ FULL CONTENT