It is a fact verifiable at National Bureau of Statistics that as at 2010 over 60% of Nigerians are living in Absolute Poverty. This means they can't afford the basic necessities of life like Food, shelter, medicare, etc. This is not just about Nigeria, the world economy is dwindling. True or false? Well, I have a different opinion but I wont dig into that now, maybe later in this post or some other day. So, adding "in Nigeria" to the end of this post title is just for adding sake. Most nations of the world are in same boat as Nigeria.
In my opinion, the issue is not that means shrink but that needs expand.
My dad had a 14" Black/White TV and all we could watch was NTA. We didn't have VCR, neither did we have Recorder (the once popular music player). Dad's little income was somewhat enough for the family though Mum had to support with whatever she could make from her petty business. The bottom line is that there were no signs of financial tension in the family.