Inflation and Cost of Living:Nigeria's Economic Collapse

In this episode of the I Am Change Podcast, we confront one of the most urgent challenges facing Nigerians—inflation and the soaring cost of living. With Nigeria’s inflation rate currently at 23.71% and food inflation at 21.26%, essentials like rice, maize, and wheat are becoming increasingly unaffordable. What does this mean for your money, your future, and your daily survival? Joining us is Kalu Aja, a seasoned financial educator and analyst with over two decades of experience in capital markets and personal finance. Together, we unpack: What inflation is and how it impacts your everyday expenses The root causes of Nigeria’s inflation crisis The widening gap between wages and the cost of living How to protect your savings and investments from losing value Smart budgeting and spending strategies during economic downturns What the government can do and what they aren’t doing Practical tips for individuals, families, and small businesses navigating tough times You can get Kalu Aja’s book on Amazon ⁠here⁠, and his podcast ⁠here⁠Whether you're trying to make ends meet, plan for the future, or simply understand what’s happening with Nigeria’s economy, this episode is packed with insights you don’t want to miss. Tune in now and equip yourself with the knowledge to thrive in a collapsing economy. Follow I Am Change Podcast on Social media: Facebook: https://www.facebook.com/iamchangepodcast Instagram: https://www.instagram.com/iamchangepod/ Twitter: https://twitter.com/iamchangepod