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Reflecting On The Biting Cost Of Living In Abraka

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By Anita Ogochukwu

There is a story on the lips of the children and adults; it is on the lips of the youths and the aged; the men and women; indigenes and non-indigenes- a story all Abraka residents have to tell. It is the story of the high cost of living.

This challenge has found itself a throne in the Abraka community wherein the Delta State University sits.  A bag of sachet water has risen to #350.  Transport fare within and outside campus has doubled. The price of petrol has skyrocketed. In short, the cost of living in Abraka relentlessly slopes upwards, leaving little or no room for residents to adjust.

Inflation, increased expenses, increased financial burdens, insufficient revenue… These are all ingrained in the growing story of rising living cost in Abraka. Students, who constitute a larger fraction of the inhabitants, are at the receiving end. In most cases, their parents become skeptical of their financial demands, thereby giving them insufficient allowances.

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It is disheartening that a community like Abraka- which is less advanced when measured by global development index- would impose such financial burdens on its residents. The average individual would attest to the fact that the cost of living is unbearable. This cuts across transportation, rentage, purchase of goods and services…and narrows down to school fees. Parents can barely provide three-square meals for their children. The term “Legedez Benz” has become the locomotive means for many!

But where should the blame go?

Indisputably, the high cost of living is not a phenomenon unique to Abraka. It is existent in the nooks and crannies of Nigeria. Much blames have been laid on the government, but a host of other elements culminate in this financial debacle.

Coming down to Abraka, the overall economic state of the country lays the foundation for the cost of living in Abraka. Nigeria’s economy, no doubt, is facing innumerable vicissitudes. Day by day, the naira loses value. The current exchange rate is now well over N1,000 per dollar. In the same vein, the removal of fuel subsidy has to an extent heightened the high cost of living in Abraka.

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Also, transportation contributes in building this structure of high cost of living.  Transporters demand high fare from their customers. They believe that most residents are either “Yahoo boys” or “Yahoo boys’ girlfriends” (a sobriquet for internet fraudsters), and as such, they have much money at their disposal. Even before the issue of fuel subsidy, the high cost of transportation in town has been existent as transporters have been charging exorbitant prices long before the issue of fuel subsidy removal crept in. Travelling from Abraka to other places has also been affected by this.

Formerly, Abraka to Agbor was N1,000 with a total of seven passengers in the Sienna vehicle, following the COVID-19 protocol.  It was then increased to N1,500 with the addition of three passengers in that same Sienna vehicle that could accommodate only seven passengers, and with the current issue of fuel subsidy and increase in Dollar rate it has risen to over N2,000  with ten passengers. Let us not forget the fact that from Abraka to Agbor was once 500 Naira. Obiaruku, a neighboring town has become more accommodating, compared to Abraka as some students now live there owing to the lesser cost of living in Obiaruku.

Furthermore, the cost of production is relatively high. Regardless of the products being manufactured, capital requirement has increased. This involves the purchasing of raw materials and equipment as well as the payment of staff. Owing to this high cost of production, traders increase the prices of their goods.

Lastly, the increasing number of students admitted into the Delta State University, Abraka on yearly basis is a catalyst of this problem. With the increase in the number of admitted students, Abraka has been faced with accommodation issues. Statistics have it that there has been more than 50 percent increase in the number of students admitted in DELSU from 2019 to 2023. Consequently, many landlords have inflated house rents. This, of course, has led to high cost of living.

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The factors that contribute to this economic huddle are in a system circle. Retailers blame wholesalers, wholesalers blame manufacturers and manufacturers blame the cost of production. Of course, the cost of production has no mouth to speak for itself, but suggestive of transportation fare and the economic state of the country.

With this unbearable hike in the cost of living, it is advisable that the leaders -traditional, political and institutional leaders- should come to a consensus with landlords, transporters and marketers concerning house rents, charges and prices of goods. This must be favourable to them as well as their customers or tenants. A system of regulation should be enacted to ensure compliance.

The author, Anita Ogochukwu, is a 300 level student of Mass Communication at Delta State University, Abraka. Email: anitaogochukwu2004@gmail.com

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Politics5 days ago

Nigeria At 64: Are We Truly Free Or In Another Version Of Slavery?

By Franklin Ogude  The outcomes of our fathers’ struggles for freedom—those of Anthony Enahoro, Nnamdi Azikiwe, Tafawa Balewa, and Ahmadu...

Politics5 days ago

Full Text Of Tinubu’s 2024 Independence Day Presidential Broadcast

FULL TEXT OF NATIONAL BROADCAST BY PRESIDENT BOLA AHMED TINUBU ON THE 64TH INDEPENDENCE ANNIVERSARY OF THE FEDERAL REPUBLIC OF...

Education1 week ago

DELSU Releases 2024/2025 Academic Calendar

By Winner Enuma  Delta State University has officially released its approved academic calendar for the 2024/2025 academic session, with fresh...

Education1 week ago

Climate Change: DELSU VC Urges Youths To Study Geography

The Vice-Chancellor of Delta State University, Abraka, Prof Andy Egwunyenga, has called on Nigerian youths to show more interest in...

News1 week ago

Breaking: CBN raises interest rate to 27.25%

The Central Bank of Nigeria (CBN) has declared an additional increase in its Monetary Policy Rate (MPR), bringing it up...

Education1 week ago

JUST IN: ASUU Threatens Strike, Gives FG 14-Day Ultimatum

The Academic Staff Union of Universities (ASUU) has issued a 14-day ultimatum to the Federal Government, demanding urgent action on...

News1 week ago

Kekere-Ekun Appears Before Senate, Promises Corruption Crackdown

Honourable Justice Kudirat Kekere-Ekun, the Acting Chief Justice of Nigeria, has made a bold commitment to uphold integrity and strictness...

News1 week ago

Money Laundering:Yahaya Bello Challenges EFCC At Supreme Court

Yahaya Bello, the immediate past Governor of Kogi State, has taken the Economic and Financial Crimes Commission (EFCC) to the...

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