0 d w. the words people have to say that's why we listen to every weekend on d. w. the hello and welcome to another edition of the 77 percent. this is a program where we do the platform to advocate youth to have all the things that are important to them. i'm your host, my ability now all over the world economies on not doing that great, but especially on the continent. we are still dealing with the aftershocks of the covered 19 pandemic, as well as the will in ukraine. the house disrupted global supply chains, not missed all of these shots. young people are showing

a mass resilience and that's what's today's program. it's all about coming up on the show. we discover how the high cost of living in kenya is boston young entrepreneurs to miss huff choices. illegals, young, my g, u. s. assess the performance of the governments in asp. be and be close off with a tip designs to buy the best place off the top legend, city cmc. curve and 19 locked downs, have se via impact on offer kind of caught on these. lots of people lost their livelihoods because of looked downs. it was not just the low balance, but also the month for boots globally dropped, meaning that most economies does depend on exports. we're also affect as a result, many businesses are struggling. but as a tough times mix tough people that's,

that's attain. yeah, well my colleague is kamani, find solace from enter pin this how the surviving these hot ties on a cold morning and the outskirts of ne ruby, laptop slots. the apartments, the trends, melody 10, a got and move to the share. the 3 creative on to bring us take the time to catch up as we prepare breakfast. and of course, the, because the experience for social media just over a year ago, the 20 something year olds chose to relocate outside the capital as a way to save money and to escape the speaking skills. however, the country, we simply double the tax and fuel increased health insurance and introduced to housing levy. these changes have thrown the house switch plans off costs and then making some tough decisions. i mean that when he gets like a really good gig of it gets really good income, we supplemented things in bulk. maybe it's just better we don't size and move,

but today will be the increased cost of living is also affecting the interactions with $1.00 another. i can't express how we of course, and that's a better space that's communicating whether we are facing, whether it's such work, whether someone has done something wrong. we've gotten to a place to get and have a discussion about each and the points. it wants to make one of us wants to move with the next month. the financial pressure for young people in the country is being felt beyond this apartment, latest government, because we view the highest number of those unemployed in kenya of between 20 to 24 years old. for those, it's limited options on to government. protest have become a critical way to get the voices hut for tgm eliza. however, their response to the toughening economic times has been to get tough for a couple of photographer and may come on just having to dig deeper to keep the business afloat. has that changed? are you having to put a more capital just to keep the business funding?

definitely because that's some cheap mika products. sure. like over the counter products that you get to select, essentially worse how you want to make up to look, you know, just thinking about how you have to save you money and move it around. now you really don't want to look at the luxury things and say, oh, i'm going to do this and then come back home and worry about rental you bought food . because obviously the money is not enough to do both at times. the couple has now decided to go into retail opening an online shop that sells jewelry as a way to supplement that income. so there we have, it's the story of tv, and he's the one that came out have been able to retain that own home and live independently right now. but i'm going to speak to a young person who tells me he also have to move cities as well as houses and move back to his mom's house. because of how, how does things have gotten economically for them? we meet market longer just as he arrives that he's real estate office. he's been working here for a few months since he moved back to

a ruby after his contract job in another city came to an end. i'm trying to establish myself. i get over here on the rental space. i used to have the price was almost one and a half times higher. and now i'm trying to establish my self. i'm gaining day that the real estate space and hopefully make enough clients to, you know, keep my plans on track. you also have to make some tough decisions regarding your housing. tell me about that when you are leaving under your, your partner and through these notes. there's a lot, much new way to do what you want. so, you know, in terms of like relationships and, you know, friendships and, and situations of the sorts that helps you know, create your own space and your own nice, why you don't have to, you know, be looking heads and you'll find us, we leave it's apartments, but despite the stories of hardship, the commitment from young people to do one thing by us talking about tough decisions, the nigerian government in june this year decided to en,

for subsidies. subsidize in full cost the country. $10000000000.00 entering between the 2. and the government says, well, it's simply cannot afford it anymore. that decision coupled with high unemployment, it squeeze in money out of pocket. the 77 percent, the trouble to live goes where it is to money met young. my 2 n's will told her how they viewed the country's attends out of columbia recovery hello and welcome back to the 77 percent. this week we are in nigeria, and this country is president when he was elected. the 29th may of 2023, and having to an economy in dire straits in the months since he's been in power. well that's in google has tried to take measures to uplift or re substitutes that economy. but the young people of this country, i think that the poor kids are still not able to sustain what the country is demanding us. so today we are asking is a government able to come to that

a dwindling crisis? so let me start this conversation by introducing 20 unders, who is an economist. uh, can you just paint a picture of what the economy looks like right now? inflation is really high of a dollar to the now or is um, is now close to a 1000. i or used to be, uh, 200 and uh, maybe another 6 years ago. so you can just imagine what it is, the effects on the average every day person's pocket. so it's, it's, it is a situation where a lot of people are really going through it and it doesn't look like there is any hope on the rise. and because of the government and trying to, you know, get the funds to be able to fix the issues are also removing things like subsidies on petrol subsidies on gas subsidies on their electricity. so it's making it more difficult for my dress actually exist. okay, one of the reports i read said the 12 percent of the population living in the absolute poverty is you're in a jury and that really surprised me. you told me, are you seeing a difference since, you know,

as life of getting tougher for people and your generally send you a covering these issues? what is changing in the, in the society? no, that's for subsidy. as we remove these ethics and the cost of production, and then to renew the needs that has lead to copy till now can cannot even come up to it's not even enough to do his business. so it gets worse. now. people the, the gap between the poor and the reach is why didn't people that used to be in the middle class. i've gone now to, to know what class, because of this change. the soul could change. something that was supposed to help us has made everything was let me hear from the people in the audience. how has your life changed in the last couple of years? are you feeling the economic button? these are pretty tough to me. everything like when you go to the market to get any pay one, everything is just just too expensive. the house rate has increased. we as a, i used to pay a 1.5 on the island, but now do we increase the to, to 1000000?

look the chip because the don't kid the all need to survive to i understand that part, but then we had to, we get those money from a have a son. i have to feed my son. i have to, i have to just pick up 3 jobs to be able to meet. all right, to be so you wanted to say something to me. we just come mazda, of covey nights in, and we hole on this ton of what's happened during the that's the standing, the men do as the last job. you know, lots of, um, then they say shooting dates will close down because the, the core don't continue to operate. but then all the sweat knots can see that a told what the government puts in place without a system government puts in place to be able you know, what? so how do must said do i do time like base? but then that is not say nothing has been done. yeah, i'd like you to answer this for me because you already politics i. the reality is that the government must 1st i'd meet that each political parties miss management

of the economy has created a situation which has led to the for subsidy removal. the argument that they have made is that it is driven by 5th and the fact that they cannot fund projects. but unfortunately, you haven't pursued this criminals who have been stealing from a commonwealth. and it has hardly been any prosecution of the so called criminals. so leaving expenses have skyrocketed because the big yes, price shock that any economy can take its energy. right? if, if the cost of energy continues to hit, the roof will continue to create poverty, your poverty. right? so uh, but you've said something really interesting, which is that the knock on effects of this, it's driving people into desperation, into serious, serious poverty. but 20, i'm coming back to you with the same question i started with. why is this happening in nigeria? you know, we, how is it possible that we're still talking again, subsidizing fuel in an oil rich country. those 2 things don't seem to belong at the

same sentence. but general context is when an economy's in a bad state, like the one niger is in, uh, from years and decades of, you know, bad mismanagement, you know, policy mismatch, you know, raisins theft it's, we'll need to take some hard, hard decisions major as glossing here, not by one decision, no by one bad president is getting here by several bad actors come bringing us here continuously. so the question is, what do we do to fix it if we're really as excited all really as passion is about making nature at best. i think the real job is in holding government accountable or the level. let me actually ask the person who is in a position. how do you hold the government accountable? you're relaxing here with you. i mean, we're joe, can you kind of hold these people to account? what's the, what's the point? so the people shouting does, will goodman comfortable actual singing songs?

you can hold them to account. that's to driving the long s u. v. 's with the company is dusty flying 1st class. definitely not pointing hundreds of eats and flying them across the world for meetings. so we're choking. so if it's really a joke, why you in a position in politics? if you really think nothing can change. russ, my argument is we need to begin to think, you know, own self interest that citizens because the politicians take care of themselves every time. 7 days a week, twice on sunday, we have to think sofi city 5 selves. i don't understand with our own self interest lives. that's why i'm excited about the young people who are fighting for low school fees. yeah. pursuing their own self interest because the politicians would always take care of themselves. let me hear from uh, give me a 2nd. let me just give me a 2nd to, to hear from much and because you mentioned self interest in marketing has actually been arrested for criticizing the government. correct? um, so correct. that's correct, but i, i wanted to really decide do it's iowa because um, when you talk about accounts, okay, is it been removed?

his glasses are serious, not very talk about so it didn't governments icons like what we've seen a lot of progress in terms of holding governments accountable. so for example, what we are doing here and expressing ourselves governmentally since we also who's in governments are comfortable saying, listen, the subsidy. you removed your, your digits in the very, but on hogwash we use with the fixed refineries festival. so that's, we come through just but you can so i like that because it brings us really nicely into some solutions, right. if you had the chance to be in those top offices today, what would you do to change things around? it's giving gen z. let's hear what you have to say. you know, there's something that's constructive criticism and i feel like we, a citizen should be allowed to constructively, decided to go from the government without being contempt. busy. what's the, what's the, the default blake, you say you should because see that us need a notion which would be saying that's trip the 3rd. and finally, the people which, which is the most important factor in this entire conversation,

needs to realize that the people, why government are no gods they came up from us. they need to be held accountable. okay, i think that is a beautiful place to wind up. it was a very complex question that i asked, but i think 20 has tried to sum it up really nicely and i don't the, at anything the for you for watching. i thank you always. and so you next time the listening to those young people, i feel really inspired because they are willing to take on the government and hold them accountable. thank you very much. it is and the entire panel because that's what this is all about. just remember that if you want to see the full version of that street debate, you can go onto our youtube channel. now we've had from the young people in legals, bought this income, paula, johannes,

back and across the continents futility this and they have ideas on how to improve the current economic situation. so let's see of them. how would you consider government to to not tax the small businesses until a specific time when they have grown and being able to employ a big number of what cousins in the congress, the taxes, the government could use on the costs of the education. so as or the dates can get access to education, their minds when the minds are due by that, that they are different. it to get to be was they don't want to, you know, on a v. i think the longer ins plan can be for different students at complex, but studying different things, if it could be made available for them in different 6 of you know, to the professions at this setting, to attend fellowships or trainings and the different germs that they're doing to do of test that.