Posted 2/23/2024, 7:37:22 AM
Despite Resource Abundance, Why Are Basic Goods Unaffordable for Many Nigerians?
- Paradox of Nigeria having abundant natural resources yet unaffordable basic commodities for citizens
- Questioning the soaring prices of cement despite locally available raw materials
- Concerning inflation of iron prices though Nigeria has rich iron ore deposits
- High prices of locally produced rice threatening food security
- Exploitation of foreign exchange rates to price essential imported goods