Nigeria economic crisis: Public anger grows over economic distress as they run out of fuel, food

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  • Опубліковано 24 лют 2024
  • Nigeria's inflation rate accelerated further in January and reached almost 30% in annual terms, driven by soaring food costs and the fall of the country's naira currency to record lows.
    #nigeria #inflationrate #nigeriaprotest
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КОМЕНТАРІ • 110

  • @FWise-et3cb
    @FWise-et3cb 3 місяці тому +14

    I'm a Nigerian, this same people complaining now voted for him because he's a Yoruba man...

    • @tochukwunjoku
      @tochukwunjoku 3 місяці тому

      Thank you for speaking the truth! May God bless you. They voted in a dead man, and now they're complaining nothing is working.

    • @PurpleChamelion-iy2xe
      @PurpleChamelion-iy2xe 3 місяці тому +3

      I'm a Ghanaian. Same thing happened in Ghana; it is interesting that right now everybody claims they didn't vote for Akufo Addo.
      Our people don't learn, they deserve whatever they get from their myopic decisions

    • @kasikwagoma6740
      @kasikwagoma6740 3 місяці тому +3

      ​@@PurpleChamelion-iy2xethis applies to most of black Africa.

    • @dalemsilas8425
      @dalemsilas8425 3 місяці тому

      He lost in lagos, which is a yoruba majority state.
      Just saying.

    • @2023FINTERTAINMENT
      @2023FINTERTAINMENT 3 місяці тому

      ​@@dalemsilas8425 Because it is the most cosmopolitan. Tinubu must sit up or Leave.

  • @thebarmandairies
    @thebarmandairies 3 місяці тому +8

    I'm a Ghanaian seeing Nigeria in the news made me click so fast

  • @MasannehBadjie-sz9sj
    @MasannehBadjie-sz9sj 3 місяці тому +11

    Saw it coming. Nigerians deserve better.

    • @kobbyskirt5276
      @kobbyskirt5276 3 місяці тому

      They stupidly voted for the old man with dementia

  • @parissindy1990
    @parissindy1990 3 місяці тому +42

    *GLORY!!!I'm favoured, $255k every 3weeks! I can now afford anything and also support God's work and the church.*

    • @katestamps6237
      @katestamps6237 3 місяці тому

      congratulations!!
      I will love to be your friend dear as well. as sharing some ideas which you're benefiting.

    • @brainpatrick8858
      @brainpatrick8858 3 місяці тому

      As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto professional.

    • @brainpatrick8858
      @brainpatrick8858 3 місяці тому

      The professional is Ms Angelia Marie.

    • @Fostermargret-jv1ci
      @Fostermargret-jv1ci 3 місяці тому

      I'm surprised that this same name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week.

    • @lewismavins1469
      @lewismavins1469 3 місяці тому

      my advice to everyone is this saving is great but investment is the key to be successful imagine investing $15,000 and received $301,500

  • @MantisShrimp80
    @MantisShrimp80 3 місяці тому +9

    Nigeria is the Sri Lanka of Africa.

  • @_wokeweaklingscryoverwords_
    @_wokeweaklingscryoverwords_ 3 місяці тому +9

    Nigeria has enough mess it needs to fix, especially the conflicts.

  • @blackmanking3447
    @blackmanking3447 3 місяці тому +11

    What Tinubu wanted to happen in Burkina Faso, Niger and Mali, is happening in his own backyard.
    God is truly marvelous 😅😅

    • @laurettaokeke
      @laurettaokeke 3 місяці тому

      Shout up. You're laughing that your fellow human being is starving

    • @laurettaokeke
      @laurettaokeke 3 місяці тому

      And hear you are bringing the name of God into a stupid and foolish word.

  • @zeph6439
    @zeph6439 3 місяці тому +5

    When I look and see the despair and sewage in the waters and crushing poverty in South Africa, Nigeria and Zimbabwe, I think of that old Peter Tosh tune ~ you know, the one where he sings about Africa's incredible natural resources and the wealth and unlimited potential and asks why then are Africans so poor and suffering.
    Must have something to do with the top political elite I reckon.

  • @chibykecollins122
    @chibykecollins122 3 місяці тому +11

    Are my igbo brothers and sisters here ? 😂

  • @CloningIsTooGoodForSheep
    @CloningIsTooGoodForSheep 3 місяці тому +6

    Almost all governments that subsidise energy end up cutting or removing the subsidy and population growth, energy demand or simple economic cost kicks in. The reduction has to be done during good times and phased to prevent a sudden shock.

  • @jessefranckowiak
    @jessefranckowiak 3 місяці тому +7

    Nigerians deserve better

    • @PurpleChamelion-iy2xe
      @PurpleChamelion-iy2xe 3 місяці тому

      No, Nigerians deserves whatever they voted for.
      Why the pikachu face?

  • @jeffbland3635
    @jeffbland3635 3 місяці тому +7

    ALL DESIGNED BY THE WEF

  • @akwasiboateng
    @akwasiboateng 3 місяці тому +1

    ❤Ghanian I Stand For Nigeria 🇳🇬 For That

  • @methodman3489
    @methodman3489 3 місяці тому +3

    When you have a leader who has no future ambitions just interested of been a leader that's what happens and is all over Africa

  • @nelsonosei5495
    @nelsonosei5495 3 місяці тому

    God be with you all our Niga family. This too shall pass

  • @stoptheviolence3358
    @stoptheviolence3358 3 місяці тому +3

    People all over need to reset their systems

  • @handleyourface
    @handleyourface 3 місяці тому +1

    Prayers out to the people suffering at the hands of corrupt government(s) in your country and world.

  • @MachariaKabaya-dy2tc
    @MachariaKabaya-dy2tc 3 місяці тому

    Yes is true

  • @MachariaKabaya-dy2tc
    @MachariaKabaya-dy2tc 3 місяці тому

    Yes news of world

  • @Rodney253
    @Rodney253 3 місяці тому +1

    A bag of rice is 3 times higher than a country's minimum wage. God forbid this government. The president is clueless as a confused person. Imagine the state of an entire nation. No food,no fuel. We are all suffering.

  • @chadsimmons6347
    @chadsimmons6347 3 місяці тому +2

    The wealthy Nigerian officials, with overweight family members, realize the foreign aid grows when hungry people protest,(investigate-corruption)!

  • @el-rufaithebanditslover2313
    @el-rufaithebanditslover2313 3 місяці тому +8

    Tinubu has accepted deceitful advice from the IMF and the World Bank and Nigerians are now slave in their own country.

  • @NnaemekaAmamasi
    @NnaemekaAmamasi 3 місяці тому +2

    Funny....these people protesting are the same people who voted him in. Even when there were clearly better candidates. IM SORRY BUT HE STILL HAS SIX YEARS TO GO...!!!

  • @fredomo8405
    @fredomo8405 3 місяці тому

    😢😢

  • @lakshmanseshadri9306
    @lakshmanseshadri9306 3 місяці тому

    😢

  • @WhatInTheWorld3
    @WhatInTheWorld3 3 місяці тому

    It’s inflation EVERYWHERE tell em join the club

  • @user-ct2wq7eo8o
    @user-ct2wq7eo8o 3 місяці тому

    good day

  • @ambrose816
    @ambrose816 3 місяці тому +4

    This is what happens when you vote for a wrong person.

    • @hadiaudu834
      @hadiaudu834 3 місяці тому

      We never voted him. He rigged the system,

  • @orodeajuwaghan6936
    @orodeajuwaghan6936 3 місяці тому +1

    The President is clueless

  • @shdys-hsyrbs73612
    @shdys-hsyrbs73612 3 місяці тому +4

    So many terrorist groups in Nigeria are responsible for this

  • @karenrapp8340
    @karenrapp8340 3 місяці тому +1

    Welcome to Canada

  • @muwaten8247
    @muwaten8247 3 місяці тому

    🧐 ...

  • @royalty2924Love
    @royalty2924Love 3 місяці тому +1

    What is the minimum wage per month in USD? Nigeria needs some younger minds to run the place.

    • @FutureEagle101
      @FutureEagle101 3 місяці тому

      Hello...
      Hope you're safe?
      WWG1WGA ❣️

  • @alicendah7440
    @alicendah7440 3 місяці тому +1

    Please come to Cameroon 🇨🇲

  • @jamessnider6810
    @jamessnider6810 3 місяці тому

    Well the borders are open. Thanks joe!

  • @elizabethkaranja570
    @elizabethkaranja570 3 місяці тому

    Japa

  • @user-mh3rb6ut7n
    @user-mh3rb6ut7n 3 місяці тому +2

    I thought china save the nigeria economics

  • @markhodge7485
    @markhodge7485 3 місяці тому +3

    How much did they sell thier souls for to China

  • @patrickkolawole4104
    @patrickkolawole4104 3 місяці тому

    Average Nigerian traders are problems for other Nigerians, arbitrarily increasing food items & skyrocketing essential commodities prices.
    Though! President Tinubu, errs by throwing Naira free floats markets that commenced depreciations of values of Naira, shortly after removal of fuel subsidy without readily refurbished four existing refineries - Pirt-Harvourt, Warri & two Northern refineries are in ultimatum working capacity.

  • @user-kl9xx1dw7r
    @user-kl9xx1dw7r 3 місяці тому +1

    Sooh, CBDC Cards and bank accounts do not work at all !

  • @jamesc.mcconville563
    @jamesc.mcconville563 3 місяці тому +2

    A family of four estimated monthly costs are $834.8 in Nigeria with rent. A family of four estimated monthly costs are $1,198.7 note that is without rent in India. So I say face your problems, Africa is still growing. Also report the good things happening there, stop all this one-sided narrative. Most of Europe. Twenty-six countries, including France ($2,240), Sweden ($2,100). The U.S. and Canada at approximately $2,942 per month. So with this figure, Africa is doing much better, stop inciting violence and anger.

    • @cyrilatangcho4584
      @cyrilatangcho4584 3 місяці тому +1

      Do not forget to compare average salaries too before you make this comparison

    • @jamesc.mcconville563
      @jamesc.mcconville563 3 місяці тому

      India@@cyrilatangcho4584

    • @obn1459
      @obn1459 3 місяці тому

      For that family of 4 in nigeria to earn $900 a month is a miracle

    • @shalomadeyemi751
      @shalomadeyemi751 3 місяці тому

      Some families of four barely gets $30 per month.. this is the reality.... minimum wage stands at $20

  • @kevinanaks8554
    @kevinanaks8554 3 місяці тому

    He's an old man, I don't expect much from him

  • @patricknwachuku7129
    @patricknwachuku7129 3 місяці тому +1

    Wion has suddenly become so interested in Nigerian affairs. Who is paying you?

  • @patrickkolawole4104
    @patrickkolawole4104 3 місяці тому

    Tinubu arbitrary removal of fuel-subsidy & shortly after three Naira exchange rate into free floats markets depreciating values of Naira that skyrocketing food items & essential commodities rising prices.

  • @skyauth
    @skyauth 3 місяці тому +2

    Before you feel pity for the people you see protesting hardship, it is worthy to note that they chose to vote for an incompetent leader who is a convicted drug dealer in the US because he belongs to their tribe and religion. Now they are suffering the consequences. Learn from Nigeria, choose competency over bigotry always. ✌️

    • @FutureEagle101
      @FutureEagle101 3 місяці тому

      Hello...
      Hope you're safe?
      WWG1WGA ❣️

  • @user-tn9zk9pk2w
    @user-tn9zk9pk2w 3 місяці тому

    Too many poor northerns

  • @nkoupaternenkou7464
    @nkoupaternenkou7464 3 місяці тому

    Also the "worsts" were elected

  • @Stackhundos
    @Stackhundos 3 місяці тому +3

    Wait I thought they left USA and join B.R.I.C.K.S?

    • @caiotheaccursed9918
      @caiotheaccursed9918 3 місяці тому +3

      Where did you get that piece of news?

    • @hsworldview8075
      @hsworldview8075 3 місяці тому

      CIA website😂😂​@@caiotheaccursed9918

    • @josue_kay
      @josue_kay 3 місяці тому +5

      Nigeria was never a part of the USA. Educate your brain.

    • @johnsonolajide4647
      @johnsonolajide4647 3 місяці тому

      Don't mind him ​@@josue_kay

    • @Mags-kd4xw
      @Mags-kd4xw 3 місяці тому

      ECOWAS calling them back after earlier threats from France!

  • @docdoc7496
    @docdoc7496 3 місяці тому

    Invest on farming