How did they come about this conclusion? Cos the price of food has never declined in the market o. Abi no be nigeria the market dey?

How did they come about this conclusion? Cos the price of food stuffs has never declined in the market o. Abi no be nigeria the market dey?

Garri as a cassava by product remains xpensive oooo... it remains d reference point cos its d cheapest produce.. therefore, NbS analysis na jargobssss oooooo

Which kain lie be dis nau??

Arm chair researcher, please tell that Oga to go to the market himself and stop making up figures under the A.C.

I really don't know, but this lie is giving me a raging hard-on.

9jadelta: bad news for some enemies of progress.
they always like bad stat about Nigeria

If I may ask, can you tell us just one food item in your area that has had its price went down between last month and this month?

Bros na so we see am ooo

Man must wack

miqos02:

that crate of egg too dey expensive na, e no suppose pass 800

maasoap: If I may ask, can you tell us just one food item in your area that has had its price went down between lastsanth and this month?

even if I tell you, you will still accuse me of probably buttlicking the present government.

it either u believe or u don't
when the same organisation says 80% Nigerians live below poverty line am sure majority believed them. to some it's good news but same people emwill tell you it's crap when it is positive

a cup of foreign rice is 60 naira

We may be skeptical but the major truth is that price of imported goods can't be generalized to all food prices, cos we have to take cognizance of local produce foods.
Lagos has some form of price discrimination & the price of farm produce is relatively high in lagos compare to other states that's why many of you wonder the % decrease in the statistic.

Increase in availability of food is quiet attainable but for this foods to have decreased in price to the extent of affecting inflation rate is questionable for me.

If the tuber products which are household food is available now than last month or the prices are lower now, its due to the harvest but will the food produced this year be able to cater for the entire populace after the floods and the violence in most parts of the north?

Bread and rice are also staple food in Nigeria and bread and cereal were among the items that increased last year according to this report, so how can price of food affect inflation if some of the staple food is do not reduce in their prices in your scale!

Oga researcher, this food might be available but still bought at almost the same price as during dry season! The change can't be significant.

miqos02:

that crate of egg too dey expensive na, e no suppose pass 800

It's 100 rupees here in India , that's about 260 naira

The OP's heading is misleading. Food prices have risen (by the quoted inflation rate). However the rate of inflation for the month (rate of rise in food prices) is less than the rate of the same month last year. So maybe last month (aug 2013), inflation rate is 8.2% and last year in the same month (aug 2012) inflation rate is 10%, u can see that the inflation rate has declined, this does not mean that food prices have not risen

lurvy: [size=18pt]This is good news, I hope the price of GARRI has also been affected![/size]

GARRI price still cost die!

Beans still cost like mad!

[img][/img]

nigerians politians dey lieeeeee

End time Tins....

Its just a statistical report aka theoretical report which means that we should all disregard it because practically,we all know that food items are getting costlier by the day.

forget these figure and lets face reality