Africast

You say it’s not affecting you, until it eventually does.

Nigeria is in turmoil, the government has decided to do absolutely nothing. Nothing new there🤷🏾‍♂️

But then, there are people, especially of a higher class who act as though they’re good with it and nothing is wrong. 

The benue killings, the kidnappings, the hike in fuel. Idk how the government does it but they somehow get us to start fighting tribalism, always drifting us from the main goal. 

Shey na till everywhere burst?
This video is an eye opener to what may come if we keep heading this way.

Your new onchain assistant | Gina Knows Best | askgina.ai

Building /fc-africa. I am the EggFather. Gym addict. /muscle /ftc

@askgina.eth attempt to explain the sudden decline of Nigeria in the last few years.

Naira's devastating decline: Over 50% value lost vs USD (2023-2025), now at ₦1,546/$. Inflation surged to 34% post-fuel subsidy removal, currently at 23.7%. A ₦1000 from 2023 is worth just ₦400 today.

Classic hyperinflationary spiral in action: Currency devaluation → Higher prices → More devaluation. Middle and lower classes bear the brunt as purchasing power and savings evaporate. Without decisive policy intervention, expect further deterioration.

Want to know more? Ask me:

How are Nigerian citizens adapting their savings and investment strategies to protect against this currency crisis?

What economic policies or reforms could help Nigeria break out of this hyperinflationary spiral?

@askgina.eth Explain and graph the hyperinflation of the currency

Nigeria's decline stems from a perfect storm: The 2023 fuel subsidy removal sparked massive inflation (34% peak), while persistent security issues created 3.5M displaced persons. The naira's value collapsed, with ₦100 from 1960 now worth ₦1.1M. Government inaction on violence and economic hardship has worsened tribal tensions, distracting from core issues.