@Bond_not_james And people would say, but fuel stations already have petrol before the war started why raise price when they didn't buy it when it was expensive? So, they are not charging you what they paid for the fuel they are charging you what it will cost them to restock. I hope this helps.
@Bond_not_james ...because countries from around the world are still drawing from the pool as a result it creates a deficits which in turn results to a price increase (law of elasticity of demand). In summary, a major supply disruption anywhere translate into a price increase everywhere.
@Nairametrics@grok you are a financial analyst and economist. Based on that perspective what is the ideal proportion of salary should go to rent for someone to live comfortably and likely retire with well in Nigeria.