Minister of State for Education, Prof Anthony Anwukah says the lavish lifestyle of Nigerians is an added factor to the present economic crisis in the country. He has advised them to acclimatize to the current unfavourable condition. The Minister blamed Nigerians for their “inability to swiftly adjust to the present economic recession” in the country…
Tags: economic crisis
Top 5 Ways Current Economic Crisis Affects Nigerians
It is no secret that the Nigerian economy is in crisis. In the last six months, the official Nigerian currency, Naira, has fallen by almost 50% and there has been an increasing change in the price of goods and services. With pay increases lagging behind and the inflation soaring, the wallet of most Nigerians continue…