The Naira Decline Is A Deliberate Action By The Nigerian Government To Discourage Nigerians From Travelling - Okafor Ndubisi

The continuous depreciation of the naira against major foreign currencies like the pound has made life increasingly difficult for Nigerians aspiring to relocate abroad. With exchange rates skyrocketing, the cost of processing visas, tuition, and basic expenses abroad has become nearly unaffordable for many. This economic strain is forcing individuals to either delay their dreams or abandon them altogether, further complicating their search for better opportunities.

In response to the challenges, one comment speculated, “This is a deliberate action from the Nigerian government to discourage people from traveling.” While such claims are debatable, the frustrations are understandable. Many feel trapped in a system that limits access to global opportunities, especially as currency volatility exacerbates the struggle to escape economic hardship. Whether deliberate or not, it is clear that the diminishing value of the naira is having a profound impact on those hoping for a fresh start abroad.