The Lost Value of Our Money

2025-05-16T15:40:54
There are some things we enjoyed as children that today’s kids might never understand. If I could bring something back to life, it wouldn’t be a person, animal, or even a tradition. I would simply bring back those good old days when just one or two naira or even kobo could buy happiness. Real happiness. The days when you could buy ice cream, sweets, and biscuits, and still have a change in your pocket.
I still remember the days in the 90s and early 2000s when Kobo and Naira had real value. Those years were different from now. Even though Kobo was small money, it was important. People used it to buy small things like biscuits, sweets, and other snacks. It was common to see children happily spending Kobo coins because they knew it was worth something.
Back then, even a few Naira, like five or ten Naira, had great value. You could buy small but satisfying things with just a handful of Naira. I remember using ten Naira to travel within the city, and it was enough to get you where you wanted to go. Transport was cheap, and everyone was happy spending Naira because it could cover a lot.
Buying rice with just five or ten Naira was possible. You could buy a reasonable portion and be satisfied with it. The value of Naira made daily life easier for many people. It gave families the chance to buy what they needed without worrying too much about prices going up all the time.
But today, things are very different. Kobo coins are useless now, you don’t see them being used to buy anything because their value has disappeared. Even small Naira notes like ten or twenty Naira are no longer useful. You rarely see people spending these notes because they can’t buy much with them anymore.
Now, even a hundred Naira note is losing its value. In my area, there are no goods or items worth a hundred Naira. For example, biscuits that used to cost less now sell for about one hundred and fifty Naira or even more. And honestly, I am not a fan of biscuits, so it’s even harder to accept these high prices for something I don’t really like.
The difference between then and now is clear, Inflation and economic challenges have made our currency weaker. This affects everyone’s daily life. When your money doesn’t have value, it becomes difficult to manage even simple expenses. I remember when you could carry a small amount of money in your pocket and buy enough food or travel easily. You didn’t have to worry about whether your money would be enough. That feeling of confidence in the value of Kobo and Naira gave people peace of mind.
Today, many people struggle because the money they have can’t meet their needs. Prices keep going up, but the value of money goes down. It feels like the more money you have, the less it can do. That is not how money is supposed to work.
Bringing back the value of Kobo and Naira would change many things. It would make life easier for families. People could buy food, pay for transport, and meet their daily needs without stress. The economy would feel more stable, and people could save money knowing it won’t lose value quickly.
This is my response to this episode of hivelearners community prompt of #HL-W165E03 which the topic is tagged BACK TO LIFE
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