Connect with us

News

Hardship: How students now trade property to survive

Published

on

By Francesca Hangeior

The woes of hunger, triggered by the increasing cost of living, have stretched their claws to the lives of students in tertiary institutions.

Gone are the days when undergraduates return to class with cash and other home appliances depicting their high standard of living.

Today many parents or guardians can no longer afford a standard living, talk of transferring such to their children or wards.

Advertisement

Investigation revealed that students in tertiary institutions now sell off some of their home appliances and gadgets to sustain themselves, when the chips are down.

According to Osazuwa Akinola, a student, stated that they buy these gadgets when it is cheap, using their idle cash, while those who have gadgets sell them when they need money to pay bills.

He said: “It is very disheartening to see your fellow student suffer to get food and survive in this harsh economy.

“The economy is not smiling at our parents and guardians, so it is affecting us too.

Advertisement

“Before some of my mates in the hostel comes with bags of food stuff and other useful appliances that helps one relax but now the cost of food has trippled and such scenarios have ceased to exist.

“Businesses in the school vicinity are also not helping matters.

“Seeing we are students they believe we have money and increase the prices of goods once it is a student purchasing them.

“They have forgotten that what is affecting the economy is affecting parents and guardians and also affecting us.
“Many of us now have to tie down our idle cash by buying used home items and appliances like bed, fridge, cupboard, gas cylinder, television set among other things from graduating students.

Advertisement

“And the money gotten from these sales are used to foot their bills.

“But some students who brought these gadgets from home do sell them in times of need at a low price.”
Miss. Lovet Momoh, a 200 level student said she was hoping to have a wonderful standard of living since 100 level in school. But the death of her father coupled with the current state of the economy shattered her dreams.

“When I gained admission late 2022 I was very happy believing I will live like a princess in school.

“Then I lost my dad and my mom’s brother took it on his shoulder to see me through school.

Advertisement

“I never thought things will be difficult as this. I can’t call him for minor needs because it feels very embarrassing to me.

“Then I saw my friends buying used items from graduating students and auction them in mid session.
When I inquired from them they thought me.

“I started buying used items with some of my pocket money and trading them at higher prices online.
“As we all know, the prices of goods and services are increasing and so is that of used items.

“This was and is still my survival means till date while in school.
“God help us.”

Advertisement
Continue Reading
Advertisement

News

Po!n, betting sites recorded 162m Nigerian visitors in June – Report

Published

on

By

A report by global data and business intelligence platform, StatiSense, has revealed that more than 162 million Nigerians visited porn and betting websites in June 2024.

According to the platform’s most recent data, which lists the top ten websites that Nigerians saw on their mobile devices in June, a sizable percentage of this traffic visited websites with gambling and pornographic content.

A post on StatiSense’s official X page revealed that a variety of search engines, social media apps, and betting platforms were among the most popular websites.

Notably, two pornographic websites, Xvideos and Xnxx, came in second and sixth place respectively with a total of 80.18 million visits.

In addition, Nigerian mobile users visited sporting websites 176.83 million times. Of these, 83.1 million visits were allocated to sports betting sites Sportybet and Bet9ja, which secured third and fourth places on the list.

Google and Facebook were also among the sites that featured prominently in the report.

Continue Reading

News

Reps hail Wike, Tamuno over AICL’s improved revenue, infrastructure

Published

on

By

Members of the House of Representatives’ Committee on FCT, led by Hon. Aliyu Muktar Betara have applauded the Minister of Federal Capital Territory (FCT), Nyesom Wike over ongoing infrastructural development projects across the nation’s capital city.

The lawmakers who spoke during an interactive session with the Group Managing Director of Abuja Investment Company Limited (AICL), Dr. Maureen Tamuno applauded her ingenuity towards improved revenue generation since her assumption of office.

While presenting her scorecard and strategy adopted in the turnaround of Abuja Investment Company Limited to the Committee, Dr. Tamuno disclosed that AICL only manages the district markets, not the entire markets across the territory.

According to her, Wuse Markets is owned 90 percent by the individuals who bought the shops while AICL owns 10 percent.

“For example, Wuse Market is owned 90 percent by the owners, we own 10 percent. What Abuja Management does for Wuse market is to manage the facility there through the toll taking which they do collect on our behalf and then they manage the facilities, they manage the refuse collections and they also work with the market association.”

Continue Reading

News

Tinubu serious in solving economic crisis — Wike

Published

on

By

Minister of Federal Capital Territory (FCT), Nyesom Wike on Friday said President Bola Ahmed Tinubu is serious in solving the economic crisis in the country.

Wike gave the assurance during the inspection of the ongoing construction of the 7.3 kilometers Gaba/Tokulo road in Bwari Area Council.

He pleaded with Abuja residents to give the present administration the needed support to deliver the dividends of democracy.

Addressing reporters during the inspection visit, the FCT Minister expressed satisfaction with the speed and quality of work on the road project and assured that it will be adequately funded to ensure its timely completion by December this year.

The Minister who revealed that the project was 40 percent complete, said about 70 percent of the contractual sum has been paid to the contractor by the FCT Administration and expressed confidence in the capacity of the contractor to deliver the project within the agreed schedule.

Wike further disclosed that the Gaba/Tokulo road, when completed, will not only enhance transportation in the rural parts of the FCT, but will also improve food security in the nation’s capital by providing access to the farmlands, as well as access to the markets.

He also stressed the commitment of the FCT Administration to providing infrastructure in the FCT Area Councils, in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu.

Wike said: “So many people have thought that we are only concentrating in the city. Yesterday, we were in Saburi, today we are in Bwari. Tomorrow, we will be in Kuje, so that people will understand that while we are doing in the city, we are also carrying out development in the satellite towns and the rural areas because by the Renewed Hope Agenda, development is not only to be concentrated within the city but also to take to the rural areas in order to improve the economy.

“Here is an agrarian area; without this road, how are they going to move their goods? And this is part of the problems we have in terms of food insecurity. People are talking about shortages of food, but if we don’t have means of transportation, that is also a problem.

“We are trying to solve that problem of transportation for farmers to be able to go and bring whatever they have produced for people to consume or to buy”.

Wike, while thanking the people of Bwari for their support for the government, also reiterated that President Tinubu was committed to addressing the economic problems of the country and called for their continued support.

He said: “We thank the people of Bwari and we want to also let them know that the government of President Tinubu is serious about solving the economic crisis we have. All we urge Nigerians is just to be patient.

Continue Reading

Trending

Copyright © 2024 Naija Blitz News