The Consumer Price Index in Nigeria stood at 372.5 in March 2021, recording an 18.17% increase when compared with March 2020. This means that inflation has been constantly increasing in the last months, and there is no clear sight of it slowing down anytime soon. Foreign exchange has also seen an all-time high of up to NGN490 exchanging for a US dollar, affecting the prices of virtually everything that directly or indirectly depends on any form of foreign input for production or distribution. This economic downturn is being felt by everyone, the prices of virtually everything from food and other basic amenities to luxuries have surged.