How To Cope In Nigeria’s Recession

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Published on January 5, 2017 by

We are almost a week into 2017 but the Nigerian recession is well and truly still in effect.

So the question – How is the Nigerian recession affecting you? Is still very relevant.

BattaBox’s Odunayo, hit the streets of Lagos once again to find out from Nigerians, how they feel about the current economic climate sweeping over the entire country.

Here’s what they had to say…

“They are the killers…the pen robbers…they supposed to face a firing squad because the amount of people they kill is more than the armed robbers kill!” one man insists.

“I find it difficult to pay my children’s school fees,” one lady laments.

“I’ve been affected in different ways, health condition…”a young lady sounds defeated.

“House rent has increased,” a lady explains.

“The standard of living has reduced,” another woman complains.

How is the recession affecting YOU?

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8 Comments

  • Ewan Laing 7 years ago

    u can tell the last young lady is not currant with politics and
    commonsense. how can u be the cause of foods going up cost of living jobs.
    why would I blame myself ? that’s why u hv a government to set the
    standards has to be the previous and current government the blame .the
    problems u hv are not the same for your elected official.money is not their
    problem .they are all corrupt. they come in hungry by their term ends they
    are full.

    Reply
  • Obi tenten dim 7 years ago

    Many Nigerians are so uninformed that they actually thinks it’s buhari
    regime that caused the hardship we are currently experiencing.. maybe his
    policies in trying to curb the situation but he’s not the cause of the
    problem.
    Nobody is saying that when d price of crude oil was 110 under Jonathan that
    we didn’t save,rather the money was shared amongst the thieves in abuja on
    a monthly bases.
    Nobody is saying that the price of oil under Jonathan has gone from 110 to
    29 dollars as of the time buhari took over .
    Nobody is saying that we are a country that exports nothing and imports
    everything.

    Reply
  • mandypraiselove 7 years ago

    Bag of rice for 25000 naira?? WOW

    Reply
  • TheGithiomi 7 years ago

    Oil is a curse. Countries without Oil has well diversified economies that
    are able to withstand economic downturns better. Nigeria needs to work on
    diversifying its economy. More agriculture is the key because agriculture
    provides multiplier effects in many industries.. Naija needs to trim it
    wage bill and get serious on improving the economy. So far I think no
    Jonathan or Buhari should be blamed. What needs to be interrogated is why
    there isn’t any funds left during oil boom days to help the economy during
    downturn

    Reply
  • Big Sam 7 years ago

    How big are the bags of rice they are talking about? 25,000 is a bloody
    fortune even for me (I’m Australian).

    Reply
  • Ebun Ajayi 7 years ago

    As usual spot on citizen journalism at battabox, deeply saddened by the
    condition of things although it is not very surprising? I mean I am
    surprised Nigerians are surprised?

    Of course price shocks are a scary thing but did no one expect to endure at
    some point the consequence of decade upon decade of ‘financial’ corruption
    in government?

    The irony though, the elite group of people some of the members of public
    were so quick to defend do not endure the same hardships of the average
    Nigerian.

    Reply
  • The Black Amour Magazine 7 years ago

    Odun, i love you, come and give me a kiss

    Reply
  • arsene roland 7 years ago

    NO NIGERIAN GOVERNMENT HAS THE POWER TO CONTROL OIL PRICE HOWEVER THEY HAVE
    THE ABILITY TO SOW THE SEED OF ECONOMY DIVERSIFICATION NO TO HEAVILY RELY
    ON OIL .RIGHT NOW KENYA IVORY COAST ARE STILL BOOMING

    Reply