The inflation problem
Inflation is high right now in Nigeria because the nigerian government is allowing too much oil dollars get into the hands of individuals. Yes, that’s what causes inflation. People having too much cash. A somewhat painful solution for this: The nigerian budget for the next two years should almost solely be used to hire foreign companies to build & fix roads, build bridges, set up power plants and other major and high capital industries. This will take cash out of the peoples hands and put it into infrastructure, which will lead to lowered inflation.
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