dridowu: Inflation drops on paper but on reality the price of garri still remains the same or may even be higher.

Obumiyk: First time to comment on a front page. Na me dey fast or na d topic dey indecipherable?na because of the inflation

BigBen10: To all you half-wits attributing this achievement to GEJ. This is the work of Sanusi Lamido Sanusi(CBN governor) working in conjunction with Ngozi-Iweala (finance minister). Dont you go about praising GEJ as if he has the intellectual capacity to achieve this.

BigBen10: To all you half-wits attributing this achievement to GEJ. This is the work of Sanusi Lamido Sanusi(CBN governor) working in conjunction with Ngozi-Iweala (finance minister). Dont you go about praising GEJ as if he has the intellectual capacity to achieve this.

gratiaeo: Nawao how we go take no?
Cup of rice still the same amount.....
garri de add money even....
Tomatoes.......
Meat? Poor man still de chop meat?

iyobs7: Prices might go down but some individuals might still decide to sell at their own selfish rate

omenka: Nigeria's economic mechanisms are unlike any other in the world!! We are unique to boot!!
Only in Nigeria would the prices of goods and services continue on an upward trend while "inflation" drops!!! Karl Marx must be rolling in his tomb right now.

taharqa: OLODO, do you even know what Inflation Rate mean??

Promhize:
Nne, your english won't let u understand

HNosegbe: Too many economic illiterates on this thread.

Instead of people to ask questions when they don't understand economic terminologies, they'll continue to display arrogant ignorance, to borrow the words of a friend of mine.

Anyway for those who care to understand, what the report is saying is that the RATE at which prices of goods and services has declined i.e prices are now increasing at the rate of 8% per annum as opposed to over 10% which used to be the case.

The objective of CBN's monetary policy is to reduce the rate of inflation so that prices can be more predictable.

A reduction in the rate of inflation does not mean that the price of garri has reduced.

taharqa: OLODO, do you even know what Inflation Rate mean??

HNosegbe: Too many economic illiterates on this thread.

Instead of people to ask questions when they don't understand economic terminologies, they'll continue to display arrogant ignorance, to borrow the words of a friend of mine.

Anyway for those who care to understand, what the report is saying is that the RATE at which prices of goods and services has declined i.e prices are now increasing at the rate of 8% per annum as opposed to over 10% which used to be the case.

The objective of CBN's monetary policy is to reduce the rate of inflation so that prices can be more predictable.

A reduction in the rate of inflation does not mean that the price of garri has reduced.

Law-confessor:


YES DEAR U RE SO RIGHT ABT DIS ACT OF MOST TRADERS.

Jst den, wen a bag of beans ws abt 27k, dis woman went to mkt n as God may hav it, it cut down to 21k.
She told me dt som fellow trades & masses were still ignorant of it, so she'll continue selling @950 a painter- bt as a customer she sold #750 to me.

So u can see d callous disposition of som ppl.
Naija is corrupt, who is Naija??

omenka:

If Marx were alive he would have been awed by you people's understanding of basic economic principles, one of which is that price is inversely proportional to inflation index...

lorretta u: Thanks for Educating us

taharqa: Hmmm? Is that you on ya Profile?? Odikwa egu...

BigBen10: To all you half-wits attributing this achievement to GEJ. This is the work of Sanusi Lamido Sanusi(CBN governor) working in conjunction with Ngozi-Iweala (finance minister). Dont you go about praising GEJ as if he has the intellectual capacity to achieve this.

lorretta u: Thanks for Educating us

dridowu: Inflation drops on paper but on reality the price of garri still remains the same or may even be higher.

Emmadani: bad belle would always remain bad belle.Who brought in Ngozi-Iweala into the system?Have u forgotten GEJ's economic team?U taught is was for fancy?...,if lagos is declared the 13th largest economy in africa today u all will praise fashola,but if nigeria is declared the largest economy in africa 2day,you and ur apc scams will find every possible means to take the praise away from GEJ.Una no dey tire 4 badbellism?

HNosegbe: Too many economic illiterates on this thread.

Instead of people to ask questions when they don't understand economic terminologies, they'll continue to display arrogant ignorance, to borrow the words of a friend of mine.

Anyway for those who care to understand, what the report is saying is that the RATE at which prices of goods and services has declined i.e prices are now increasing at the rate of 8% per annum as opposed to over 10% which used to be the case.

The objective of CBN's monetary policy is to reduce the rate of inflation so that prices can be more predictable.

A reduction in the rate of inflation does not mean that the price of garri has reduced.

el bin manny: who be the us? My dear speak for yasef o! No be everybody on NL get ya same IQ