Givers Forum,
Speaking on the matter, an economist and Managing Director of Brokers Assets, Dr. Tayo Moyegun, expressed sadness over the general soaring prices, noting that the situation demands desperate measures. ‘’ It is a terrible situation. Daily, it is getting out of hand. I don’t think the response to this by concerned authorities is satisfactory. From experience, it could be said to be understandable that the scarcity of dollars has affected the propensity to import. That, by extension, has affected the prices of imported items because people can fund imports,” he noted. However, he said: ‘’What baffles the market now is that other products that could be sourced locally without foreign exchange have also witnessed a sharp rise in the prices. What is the justification for that? What concerns the fisherman and yam farmer at Ilussi in Edo State with exchange rate?
The very poor are the most affected because the rich have enough; the poor whose income have remained stagnant are paying out of nothing. That is why the situation is pathetic and calls for intervention.
And that is what we at GIVERS FORUM are all about,to change the lives of the average Nigerian and to place them on the path of earning steady residual income.
Visit www.giversforum.net or www.giversforumoffice.net and also join us on Facebook www.facebook.com/giversforumintl to find out more about this great opportunity.
Givers Forum changing lives
Checks across the country shows that the prices of virtually all commodities have skyrocketed, leading to financial pressure on most families. Coming at a time when the salaries of both public and private sector workers are not longer paid as at when due, makes the experience more excruciating to the extent that virtually everyone is lamenting. This is one development that has made both the rich and the poor speak with one voice even though the latter is worst affected. Sadly, the situation is steadily reducing the real income of N18,000 minimum wage of an average Nigerian worker. Accordingly, market surveys at the Trade Fair Complex, Idumota, Ebute Ero, Balogun, Iyana Iba, Oyingbo and Mile 12, among others, confirmed that prices of commodities have actually increased by over 70 percent.
Speaking on the matter, an economist and Managing Director of Brokers Assets, Dr. Tayo Moyegun, expressed sadness over the general soaring prices, noting that the situation demands desperate measures. ‘’ It is a terrible situation. Daily, it is getting out of hand. I don’t think the response to this by concerned authorities is satisfactory. From experience, it could be said to be understandable that the scarcity of dollars has affected the propensity to import. That, by extension, has affected the prices of imported items because people can fund imports,” he noted. However, he said: ‘’What baffles the market now is that other products that could be sourced locally without foreign exchange have also witnessed a sharp rise in the prices. What is the justification for that? What concerns the fisherman and yam farmer at Ilussi in Edo State with exchange rate?
The very poor are the most affected because the rich have enough; the poor whose income have remained stagnant are paying out of nothing. That is why the situation is pathetic and calls for intervention.
And that is what we at GIVERS FORUM are all about,to change the lives of the average Nigerian and to place them on the path of earning steady residual income.
Visit www.giversforum.net or www.giversforumoffice.net and also join us on Facebook www.facebook.com/giversforumintl to find out more about this great opportunity.
I cannot get in to get details of who to pay, I cannot register new people. Your site is a nightmare. It does open, it shows sitelock or 404 and that's questionable.i have used all known browsers
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ReplyDeleteits going now..just little previous difficulty
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