Mabel Makun, the wife of renowned comedian Ayo Makun, recently took to her Instagram platform to express her deep concerns about Nigeria's economic situation.
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In her candid post, she lamented the impact of the exchange rate, highlighting its detrimental effects on businesses. Mabel stated that the relentless price hikes have become a source of distress due to the current economic downturn.
Mabel further illustrated the severity of the situation by noting that an average person can no longer afford something as basic as a loaf of bread. The economic challenges have also led parents to withdraw their children from traditional schools in favor of home tutors who visit their homes.
She mentioned how the typical man can no longer buy a loaf of bread and how parents are pulling their children out of school in favour of tutors who come to their homes.
Mabel bemoaned the fact that everything has become luxurious and that even basic necessities are now expensive.
She said: “Never been this afraid for my country, Nigeria. Exchange rate is killing businesses. We are tired of increasing prices! Business is now draining! An average common man can no longer afford a loaf of bread.”
“Parents withdrawing their kids from schools for home tutors. Basic needs are now luxury! Everything is high. affordability has suddenly become Fiction! What is the way out?”
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