Balancing profit and fairness: The role of Government in Price Control

*We are fond of putting the blames of the bad economy and inflation on the government, whereas the activities of the citizens are even more worse than what the government is doing.*  [source](https://pixabay.com/photos/stop-inflation-man-male-cartoon-7241624/) *The recent dispute between two nigerian celebrities VDM an activist and Blord a businessman opened my eyes to so many things going wrong in the country.* *It was exposed to the public how Blord was putting too much price on the product he sells, imagine selling a phone worth 220k after the shipment fee and all for 480k which is more than 50% gain! and then I found some nigerians in the comment section of post related to the topic saying it is an open market and he is free to put any price he desire on his product, like for real??????????* *These same people are the one complaining about inflation and how the price of goods skyrocket and yet they are still the one defending one of the cause of such things, we keep saying our currency is losing value. Still, it is the act and greed of people like Blord that made it so cos if they keep over pricing their product, the product price will only continue to skyrocket making it impossible for people who earn less to be able to afford it.*  [source](https://pixabay.com/illustrations/chart-growth-finance-graph-1953616/) *Business owner should not be allowed to set their price on products because this will only make the economy crumble and citizens will suffer, there should be a price regulations to everything so that some business won't take advantage of others.* *Infact I believe there should be a price range for everything to remove that thought of being cheated, Imagine buying a product for 4m and someone else bought the same product in another place for 2m, how painful can it be but this is exactly what we are facing in my country.* *The price of good varies on different factors, if you dress well to where you are buying some goods, it is a problem, you drive a car or look rich, big problem because you will be shock with the price they will call.* *The Government intervention is needed in this area, things like car should be affordable for average people too and not just the wealthy... A friend of mine just bought a car for an amount less than 12 million naira because she ordered it from another country, but if she were to buy the same car in Nigeria, she would spend nothing less than 24million! why are people trying to make double profit on product and when such people also face the same crisis in other place, they blame the government.* *Everything is not the government, the citizens also needs to do better.*  **Just call me Burl.** *I am a professional gamer, motivational speaker and a crypto enthusiast* *Discord: burlarj* *Twitter id: burlarj1* *Telegram: burlarj* **God exists, I am a living testimony** **Giving up is not an option, every hustler has a payday** **Don't wish for it, Make it happen** **Only Love can heal a broken Heart**