Tuesday 11 October 2016

Me and Recession

 Nigeria going into recession has bitten so hard into my pocket, most traders have turn to shylock, some liars and some are doing all they can to create scarcity of goods. The rate at which the price of goods increase by the day is alarming.
You could go to the market to buy lets say zobo(hibiscus) leaves and the woman in the market says #200( 200 Naira), in your mind you call her a thief because last week maybe you bought it at #150(150 Naira) .You went to the next shop still the same amount. You went back home but the thought of buying carton of caprisonne for  your kids  scares you(it is even more expensive). The next day you managed to get to the market and after greeting the market woman, you complained that they are being wicked to the masses and she said it is because of Buhari or change (as many prefer to say) and you offered her 200 Naira for the zobo and she said ;
"Ah! no i jus dey come back from market, things don cosooh! it is 300 Naira now, a bag of zobo I use to buy 2000 Naira is now 5000 Naira an e no dey full again". 
When you recover from the 50% increase in price of good you say;
"Madam but yesterday you were selling it for 200 and this looks like the yesterday leftover.
And she said; "Ah no! thins don cos i no feet sell 200 Naira, oya take am 280. You stood there confused not knowing if you turn your back the price will increase to 350 Naira.
This is now market rules, bag of rice is no more 50kg yet it is sold at 19,000 Naira, the locally produced ones are chasing the imported ones  in price as if they were shipped in too.
No matter how much I add to shopping list, I found out that these days I had to make so many calculations in the market.
The horrible one is that people are finding it difficult to pay for services rendered including the Government. 
I was thinking with the recession, Landlords will reduce their rent but it is the other way round.
I do not know how others are coping but I feel the government should relax some importation bans, and also plead with my fellow Nigerians to grow some conscience because some of these hardship are self inflicted.



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