Rising food prices in my country
It's been from worse to worst since the current government took over the helm of affairs in my country Nigeria in 2015.
Things took a bad turn in the area of food prices, insecurity and general standard of living in the past few years. In this post I will be dwelling more on the rising price of food commodities.
Back in 2015, the price of food items were quite affordable when compared to now. For example, A bag of rice cost #8,000 but now it cost about #30,000. A tuber of yam which cost around #150 currently cost #350. A crate which went for #400 currently goes for #2200.
image source
Looking at the examples above, Prices of food items have skyrocketed by as much as over 300 per cent in many parts of Nigeria in the past few years.
Due to the rising prices and lack of commensurate increase in salary, one has been force to seek for another source of income to survive the situations bedeviling our country.
All thanks to web 3.0 platforms like Hive and leofinance one has another way to earn some dollars. Not a regular user here but I hope to improve more on that and become consistent. Thanks to leofinance team for #Newlion initiative with @leogrowth
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Inflation is high in many country and for food its really making things difficult.
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Indeed. Not easy. It immensely raised the cost of living. The reason my goal has been to improve my finances greatly this year so as to survive what is to come
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The situation in the country is very harsh. We all in it together. One can only hope a better government get installed in the next election and things get better
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I believe a good government help this to an extent. Till then, one gotta to do what he gotta to do to stay afloat
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My country is inflation is getting out of hand and that is cryptocurrencies stable coin has been really helpful
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Indeed. Getting in on crypto especially stable coin like HBD with so much APR is a smart play. Hoping to save more through post rewards and through funds from offline
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Good luck with your plans
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Hi @emma001, thanks for posting on Leo Finance and using the #newlion tag, we hope to see more posts from you published through leofinance.io! Today we are launching a new Leo Finance Challenge, we hope you join us!
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