FEEDING GULP OVER 80% OF NIGERIAN EARNERS (A research)
FEEDING GULP OVER 80% OF NIGERIAN EARNERS (A research)
The corona virus have definitely leave tons of impact on the globe as a whole, but it’s sure that individuals and common homes especially in Nigeria are directly in the frontline of the adverse and negative effects of the global virus
Nairametrics a foremost research institutes who conducted a research on prices of consumables was able to track down the differential influx of foods stuff prices, prior covid-19 till date.
Although, some items have retain there prices, some have recorded a increase in high demand, while some demands have dropped to a reasonable degree
Some items increase drastically even in double prices but they are mostly house needs
While some goods retain and increase in prices, some actually dropped in price, and this item are some home made products.
Although, while some might harbor some disagreement on this outlines in prices, it’s evident that it drastically translate into the general conclusions even if it’s not particularly inherent in personal operations and day to day buying and selling activities , a trait to attest to this could be established in the long run.
in conclusions, this statistics shows two important trend in our economy today, an average Nigerian spent above 80% of his or her income on feeding therefore leaving too many gaps for other important things to be fixed.
Another productive angle shows that venturing into foods sales and production is a more reliable means to earn quick cash with huge profits. So if you are looking for what to invest on, you might want to start from been a farmer or farm produce dealer. There’s huge profit in it.
