Nigeria's inflation: Beyond the numbers by Elvis Eromosele - ITREALMS

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Preamble:

I was in Ikotun market at the weekend, shopping for groceries with Madam. While it was coated in romantic garbs, i.e. 'continuation of valentine', the aim was surreptitiously to see where one's money was entering in these times. A lady buying tomatoes just ahead of us, priced (haggled) up and down and finally exclaimed "We no kuku fit chop the money". 

This is precisely the stark reality in the face of soaring inflation rates, "we can't eat currency." Currency is meant to be spent even though the value has depreciated. The sad thing is that inflation isn't just a number on a report; it's a tangible force that impacts the lives of millions, particularly in a country like Nigeria where food prices are surging at an alarming rate.