NewStats: 3,265,351 , 8,186,478 topics. Date: Saturday, 14 June 2025 at 03:19 PM 2m694j

...lament economic hardship

…employ different coping strategies


As the nation’s economy bits unrelentingly, Nigerians are devising different ‘structural adjustment strategies’ to keep body and soul together, the News Agency of Nigeria reports.

A cross-section of respondents, who spoke with NAN in Ibadan on Friday, said they had resorted to rationing their meagre resources amidst other coping mechanisms.

A public servant, Mrs Funmi Alli, said she had taken time to lecture her children on managing available resources and avoiding wastage.

“I have told them we can no longer buy anything unnecessary so that we can reduce cost and save more; this is in addition to reducing our consumption pattern.

“I have also learnt to reduce the consumption of fuel by parking my car somewhere and going about the day’s work, using public transport,” she said.

Alli said she had come to add more sources of income to ensure she survived the biting economy.

An ant, Mrs Sola Alawode, said her family had adjusted to the situation by making main meals out of what used to be mere snacks.

“I told my children that garri is no longer a snack but a main meal. If you’ve taken it, it means you have taken the meal for that time,” Alawode said.

An entrepreneur, Mr Oluwasegun Abudioke, said: “The best and very realistic way to answer you is just to say that ‘God’s grace has been sufficient’.

“As I speak to you, I’m lying down on an empty stomach with so much hunger. My closest expectations are still two weeks from now but how I will survive before then is a hard nut to crack.”

A food vendor, Mrs Olubisi Adegoke, expressed the regret that she no longer made profits from her business due to incessant increases in prices of goods.

“I had to borrow money from someone to add to what I made yesterday to re-stock for today.

“Each day I keep running at a loss, as I no longer realise the cost price of the inputs I use in preparing food to sell, let alone making profits,” Adegoke said.

Mr Sanmi Olatunde, a worker in an organisation he wouldn’t want to disclose, said he and his family had reduced consumption after reviewing their budget.

“What we normally buy in large quantity has been reduced to small quantity for this period,” he said.

Another entrepreneur, Mrs Motunrayo Aroloye, said: “As we all know, the economic situation of Nigeria has become alarming and a thing of concern. To cope in this economy, some adjustments have to be made.

“Stringent times call for stringent actions. We have cut down on our food purchases and we buy only the absolutely necessary things.

“We spend only on things we need and not on things we want for now.”

A civil servant, Mr Oluwatoyin Diyan, who spoke on the phone from Bayelsa, said: “Transport fare is terrible here. So basically, I prioritise my needs and those of my family.

“Once I receive my income, I focus more on making sure the income takes care of feeding and my transport fare to and fro work.

“Then, any extra is channelled into saving and investments, such as crypto trading and foreign exchange.”

A Christian cleric, Supo Odeleye, said people now managed the economy by trusting in God and cutting down on costs, buying only the needed items.

A respondent with a private organisation in Port Harcourt, Mr Aniekan Ben-Assam, said he relied on God, as ‘the just shall live by faith’.

A trader, Labake Adepoju, said she had never experienced such an economic turbulence in her 56 years of existence.

According to her, the 12 hours she gives to working every day end up with little or nothing to show for it.

“Despite my hard work, I can barely feed my family for the past eight months. I can’t afford basic household and daily needs, such as preferred toiletries.

“Worst still, I find it difficult to buy my teenage girls their sanitary pads,” she lamented.

A businessman, Mr Adekunle Ajakaye, said he could not explain how the constant increment in prices of goods and services had not run him out of business.

“I am a regular visitor to Cotonou in Benin Republic and what I encounter anytime I return to Nigeria saddens my heart.

“I satisfactorily eat a piece of roasted turkey, which I buy at a cost equivalent to N200 but the same cannot even buy a common piece of fried fish in Nigeria.

“We buy goods with ease in Cotonou but we cannot sell them peacefully here in Nigeria,” Ajakaye said.

Mrs Olusola Ojeleye, a food vendor sent packing in January by the economic situation, said she had been trying to get her four children a meal of N600 for close to a day without success.

“I used to have my business as a food vendor but it collapsed because I could no longer afford the cost of buying rice, beans, fish, meat and soup ingredients.

“My husband works as a security personnel with a private company where he earns N30,000 and he hasn’t been paid for about two months now,” Ojeleye said.

Similarly, Mrs Anifat Isiaka, a bean cake seller, said she had run out of business as a result of constant increment in the prices of the major ingredients she used.
“Today, I am jobless because I can’t afford N10,000 which I can manage to continue my business,” she said.

Furthermore, Mr Shefiu Adigun, a beef trader, pointed out that the high cost of buying cows has negatively contributed to why Nigerians could not afford beef.

“For instance, I’ve stopped selling because people are not buying and I’ve gone bankrupt in the process,” he said.

The respondents called on the Federal Government to do something urgently to address the situation before it got out of hands.

https://www.vanguardngr.com/2024/02/transport-fare-terrible-garri-no-longer-snacks-nigerians-weep-lament-economic-hardship/amp/

Una must weep




Seems it’s only weeping that will teach y’all how to vote right next time




I pray dollar hits 10k before end of 2024 make suffer choke una well well

This is what the drug master has done....

Xscape1993:
This is what the drug master has done....

Wetin dey even pain me be say when we speak up mods will either ban or delete your comment




They want everyone to be silent and die

Arobaga:




Wetin dey even pain me be say when we speak up mods will either ban or delete your comment




They want everyone to be silent and die

Don't mind those small boys.

Been buying lots panla and crayfish and ponmo of late,beef is so damm expensive..a little cut and the next thing is,#10000!!!!
Just yesterday I said,mehn,I'm gonna help myself by myself and ditch buka for the weekend..got some okro and went to get a painter of G4 and was shocked when the girl said one paint is #2500!
Omoh I taya!

Be Unto You
Let the poor breathe!

It's well

It's our turn .....WTF

Garri wey we de praise wey de help poor man don turn to something else

WAILERS ORGANIZATION. Didn't they see the Stats posted this Morning on Nairaland.

They'd say this is also sponsored . Sadly, most of his ers belong to the poorest of the poor, those who believe the government would do everything for them. The way Tinubu's government will disappoint them wouid teach them the lesson of their lives.

Someone who achieved nothing, claiming he's the one who built Lagos. Buba Marwa who developed Alimosho and opened so many roads including the Ipaja-Ayobo and AIT roads would just be laughing at him during the last elections as he cornered his achievements to himself.

Charity begins at home. His failure to win Lagos and his home state of Osun are a proof of his desperation and eventual failure. Anyone who says ebi npa ohun around me will receive my curse in full. I hope they learn their lesson in full

anungangampu:
WAILERS ORGANIZATION. Didn't they see the Stats posted this Morning on Nairaland.

Na statistics we go chop 😂😂😂😂😂

Even as l speak Teachers of lesson are now the learners, and they're wondering why the people they wanted to teach lessons are not learning. Is learning by force? 😂 😂 😂

Ofunaofu:


https://www.vanguardngr.com/2024/02/transport-fare-terrible-garri-no-longer-snacks-nigerians-weep-lament-economic-hardship/amp/

The cost of living is killing the living

Black tax is going to skyrocket during this period.

When we invited Tinubu for presidential election debate to tell us how he'll handle the economy he refused to come as his surpoters hailed him.

You haanded your economy to a man who didn't attend primary and secondary School but has first class in economics, where did learn the basics of economics from?

Arobaga:
Una must weep




Seems it’s only weeping that will teach y’all how to vote right next time




I pray dollar hits 10k before end of 2024 make suffer choke una well well

Abeg no pray dat kind prayer oo.. the stuff is seriously affecting my business

Una still dey lament online?
Hunger never really wire una

they said that they must vote for their "brother"


https://www.youtube.com/watch?v=XUZ5eYhc4BM

Terrible o.. things too cost for Abuja. Wike o, Tinubu o, Kingibe o!
My throat is paining me o!

Funkyswagzz:


Abeg no pray dat kind prayer oo.. the stuff I seriously affecting my business

is it his prayer that is controlling price of dollar?

"Let the poor breathhhh... Don't suffocate them"

Now who's the main suffocator of the poor?

Hopefully, we Nigerians would learn loads of lessons before the next general elections. Till then, na promises we go chop

This is really a TINUBULATION era!

Ofunaofu:


https://www.vanguardngr.com/2024/02/transport-fare-terrible-garri-no-longer-snacks-nigerians-weep-lament-economic-hardship/amp/

tissue go soon scares because una go need am to wipe una tears

Garri, snacks ,,,,,,,,

Nigerian consumption patterns are changing.

Ofunaofu:


https://www.vanguardngr.com/2024/02/transport-fare-terrible-garri-no-longer-snacks-nigerians-weep-lament-economic-hardship/amp/

lexy2014:


is it his prayer that is controlling price of dollar?

I don't wish such that's my own

Poor man's food turned big man food

In Nigeria, the government wants to to suffer but not complain

Suffering and smiling

I knew this economic downturn was going to happen but it didn't know it would happen this fast

Poor man's food turned big man food
Hunger everywhere