EXAMINING THE IMPACT OF INFLATION ON NIGERIA'S UNHEALTHY ENVIRONMENTAL PRACTICES

This article examines the effect of inflation on Nigeria's unhealthy environmental practices. This study aims to understand the relationship between inflation and the deterioration of Nigeria's environment and to assess the consequences of this interplay. The methodology used in this research involves a comprehensive analysis of relevant literature, including studies on inflation, environmental challenges in Nigeria, and the nexus between economic factors and environmental degradation. Statistical data and case studies are utilized to show the various dimensions of this problem. The findings disclose a strong correlation between inflation and the proliferation of unhealthy environmental practices in Nigeria. Inflationary pressures contribute to unsustainable resource consumption, inadequate waste management systems, and increased industrial pollution and emissions. Moreover, the study highlights the vicious cycle created by inflation, poverty, and environmental degradation, exacerbating the challenges faced by the country. Based on these results, it is evident that addressing inflation is necessary for promoting sustainable environmental practices in Nigeria. The article concludes with policy recommendations emphasizing the necessity to balance economic stability with environmental sustainability, fostering a more resilient and eco-friendly future for the nation.