Veteran journalist and publisher Dele Momodu has delivered a stark assessment of Nigeria’s worsening economic situation, saying the hardship facing millions of citizens has become so severe that he now hesitates to open messages on his phone.
According to Momodu, the country’s deepening economic challenges have triggered an overwhelming wave of financial distress, with many people increasingly reaching out to friends, relatives and acquaintances for assistance to meet basic needs.
“The economy of Nigeria is so bad that these days I get too scared to even open some messages on my phone because everyone is begging,” he said.
His remarks underscore the growing frustration among many Nigerians grappling with soaring living costs, rising inflation, dwindling purchasing power and persistent economic uncertainty. The comment has since resonated widely on social media, where many users say it reflects the daily realities confronting households across the country.
Momodu’s statement adds to the ongoing national conversation over the economic pressures facing millions of Nigerians, as citizens continue to call for policies capable of easing the cost-of-living crisis and restoring economic stability.

