Adeola Diiadem, a popular businesswoman, has been receiving online education after asking a seemingly innocent question about the increase in the dollar. The CEO of a beauty brand took to her Instagram story to denounce local vendors who have raised the prices of their goods due to the rise in the dollar. She believes that this increase in price is unjustifiable, as it does not directly affect them. She has accused them of being cruel by raising the prices of their goods.
She wrote; “Some Nigerians will not seize to amaze me. How does dollar affect cat fish in the market?
How does dollar increase affect basic things?? I’m tired of people taking advantage of everything!!! Until hunger finish everybody then these idiots increasing food stuff will learn!!!
How will the poor survive ?????
We need to help ourselves and not keep doing ourselves!!!
Even market people that don’t understand what this dollar issue is all about are taking advantage of it!!!
This is a lesson for y’all to buy Nigerian!!!!!!”
See post here
Some reactions to her post below
@CoadedIBK wrote: “It’s basic economics. The cat fish seller had to sell 100 pieces to take care of all his finances. Now, fuel costs 3 times than before, federal universities now costs a lot, he now has to sell 400 to take care of the same expenses but people are not buying like b4 so he increases the price by 4 to meet up.
Remember the cat fish seller also buys rice for 80k now, he must survive. It’s that simple”
@LaksideJunior noted: “Shey una dey see say school no be scam now.”
@gabbieberyl1 added: “The fact is they will not learn, they have nothing to learn, they are clearly not related to the people affected, just like the government is not blood related to any of us”
@Mickyiv4 advised: “Just as English & maths is compulsory to pass WAEC, Economics should be made compulsory too. The ministry of education should consider this. History should be added as well.”