I’ve never understood how an oil-producing country suffers inflation in oil market as a result of the scarcity of oil(the very resource they produce) . But like you said, I guess the fact that in Nigeria’s case, the oil is not just used for transport but for electricity as well, the high demand is a bit understandable. 

I read some posts from Nkem and a few others ago about the craze about the new currency. Funshee mentioned in her post how her family would’ve almost gone to bed on an empty stomach if it weren’t for the relationship she had built with the employees of the supermarket she shops at. It’s surprising how market women can just up and refuse to take old currency anymore. 

Over here, no when there’s a new currency issued, the old one continues to he accepted until a timeframe where it’ll almost be impossible to find it with anyone. I was really sad when I heard about the currency situation and the suffering it caused some people.

You couldn’t have said it better about the issue of regulation. The problem with corruption in our African system of governance is that everyone at the top is corrupt. Even the bodies that are supposed to check corruption are corrupt. And so as a result, every body of the government has no regulation or any form of check and balance whatsoever. 

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I cannot agree less with you. We are in a system where the rich gets richer and the poor gets more impoverished.
The system also aims to maintain the unfortunate gulf in class by frustrating anything that would make a crossover possible. Here, the rich do not want to crossover to being poor and yes, the poor wants to cross over to the rich.
Nigeria is particularly interesting based on diversity of powerful and rich gladiators while the masses keep worshipping the same set of leaders in persons or form that lead the nation.
What I believe we need is a radical leader with a team focused on revitalization of the sectors.
Also, I think we must realize change and progress is gradual hence, we must be patient with the system.
The Government should also hold into focus some vital sectors (I will be bias in power sector for example)  and succeed in, though not neglecting others

Big changes can be made at an individual level very easily by everyone. The saying, Live the change that you want has always resonated with me. I hope that more people will follow it.

You have just described a totally rotten system thriving on corruption. All Nigeria and Africa needs are strong regulations and upright leaders. Most of the leaders in Africa are greedy and are puppets of the west, have you seen Shell and Exxon making record profits. Meanwhile Nigeria where some of the oil comes from is reporting of shortages and high prices. Totally absurd and unacceptable. Things will change but it will take time.
Thank you for sharing and enjoy Friday ahead :}