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Nairaland Forum / Nairaland / General / Politics / Buharinomics inflation;Razor Blade For #20??Nairalanders Lets Knw Prices Of Tins (2296 Views)
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Re: Buharinomics inflation;Razor Blade For #20??Nairalanders Lets Knw Prices Of Tins by Iroh88(m): 1:41pm On Feb 11, 2016 |
Pidggin:Ohhh, so the link isn't among those posted here. I see. That aside, what do you have to see about the figures above. Jonathan inherited 10.6%, ran it down to 4.3% in two years before it rose to 7.6% in 3years later (a figure still much less than what he inherited). I need your comments on that since you are one of the most vocal critics of Buhari's economic agenda and a vocal fan of Jonathan's. Remember, you supplied the link not me so you cannot fault the data. |
Re: Buharinomics inflation;Razor Blade For #20??Nairalanders Lets Knw Prices Of Tins by Sunglass20(f): 1:42pm On Feb 11, 2016 |
BUHARI .... WHY 1 Like |
Re: Buharinomics inflation;Razor Blade For #20??Nairalanders Lets Knw Prices Of Tins by Iroh88(m): 1:48pm On Feb 11, 2016 |
Pidggin:It rose after plunging by over 50% to an abysmal 4.3%. He still handed over much less than he inherited. Now tell me, on what moral grounds do you people stand to criticise Buhari?? Be honest with yourself for one. It took Jonathan 5 good years to bring it to 7.6% which he handed over to Buhari (despite the oil windfall) when what he inherited was 10.6%, yet you people want Buhari to give you 7.6% in ONE YEAR under conditions of record low oil prices. Tell me the truth, do you find that reasonable |
Re: Buharinomics inflation;Razor Blade For #20??Nairalanders Lets Knw Prices Of Tins by chiefobdk(m): 6:00pm On Feb 11, 2016 |
Iroh88: assuming Ur buhari did not truncate democracy with his gang 1984. the wouldn't have been any pdp. so saying trash 1 Like |
Re: Buharinomics inflation;Razor Blade For #20??Nairalanders Lets Knw Prices Of Tins by greatiyk4u(m): 6:26pm On Feb 11, 2016 |
A big basket of tomatoe that sold for 15k b4 is now 800 Naira here in Enugu, same with local fruits and tomatoes Shoprite has not added a dine in their prices as at today.... |
Re: Buharinomics inflation;Razor Blade For #20??Nairalanders Lets Knw Prices Of Tins by Candyrain(m): 6:31pm On Feb 11, 2016 |
Interesting |
Re: Buharinomics inflation;Razor Blade For #20??Nairalanders Lets Knw Prices Of Tins by Iroh88(m): 6:36pm On Feb 11, 2016 |
chiefobdk:Assuming your Ipod brothers did not start the culture of truncating democracy by staging the first coup ever, we would have been light years ahead of where we are today. Stop saying bigger trash. |
Re: Buharinomics inflation;Razor Blade For #20??Nairalanders Lets Knw Prices Of Tins by ckmayoca: 6:57pm On Feb 11, 2016 |
Iroh88: Must govt be the one to produce razor blade, egg and even animals for ur consumption? Everything govt, diversify, pdp.. Your policies isn't even encouraging the riches in the country and even the foreigners. You ppl shld go sell una papa land and produce even nylon and be selling 2 Likes |
Re: Buharinomics inflation;Razor Blade For #20??Nairalanders Lets Knw Prices Of Tins by AlfaSeltzer(m): 7:24pm On Feb 11, 2016 |
Lai - Have you blamed GEJ today? Iroh88 - Yes sir! I have. 1 Like |
Re: Buharinomics inflation;Razor Blade For #20??Nairalanders Lets Knw Prices Of Tins by Pidggin(f): 8:01pm On Feb 11, 2016 |
Iroh88: Was busy all day, but here is what you have been asking for: IMF Executive Board Concludes 2014 Article IV Consultation with Nigeria Press Release No. 15/91 March 4, 2015 On February 27, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Nigeria. Nigeria has a large and diverse economy that has achieved a decade of strong growth, averaging 6.8 percent a year, and now accounts for 35 percent of Sub-Saharan Africa’s gross domestic product (GDP). Inflation has remained in single digits for two years, and the banking sector, which has a strong capital base, is expanding credit. The trade surplus has been declining since the second quarter of 2013 on lower oil exports and continued strong growth of imports, and gross international reserves have been falling. Meanwhile, the general government fiscal deficit and public debt have been kept low. However, Nigeria still lags its peers in critical infrastructure and has high rates of poverty and income inequality. While the economy is diverse, with services accounting for over 50 percent of GDP in 2013, and oil only 13 percent, the oil sector remains a critical source for revenue and foreign exchange. With limited fiscal and external buffers ($2 billion in the excess crude account and $34.25 billion in gross international reserves, respectively at the end of 2014), the sharp decline of oil prices in the second half of 2014 underscores the challenging but compelling need to address remaining development challenges. The authorities have responded to a sharp decline in oil prices. On February 18, 2015, the Central Bank of Nigeria closed the Dutch Auction System (rDAS) window, unifying the rDAS rate with interbank foreign exchange market rate. On February 25, 2015, the Senate approved the third revision to the 2015 budget, tightening the fiscal envelope by lowering the budget benchmark oil price to $52/barrel. Visit:http://www.imf.org/external/np/sec/pr/2015/pr1591.htm to read more. You and your kind will not succeed in tarnishing GEJ's image. 2 Likes 1 Share |
Re: Buharinomics inflation;Razor Blade For #20??Nairalanders Lets Knw Prices Of Tins by Iroh88(m): 9:28pm On Feb 11, 2016 |
Pidggin:Na wa oo!! Let me redirect you to what you wrote earlier, which you stated in quotation marks Pidggin: To this moment, you are yet to show me a SINGLE proof of what you claimed IMF said! Why don't you simply admit you lied?? |
Re: Buharinomics inflation;Razor Blade For #20??Nairalanders Lets Knw Prices Of Tins by AmmarOscar(m): 9:50pm On Feb 11, 2016 |
Beans from 350 to 500. Location Zaria |
Re: Buharinomics inflation;Razor Blade For #20??Nairalanders Lets Knw Prices Of Tins by AmmarOscar(m): 10:02pm On Feb 11, 2016 |
Pidggin:this is rubbish grammar we are talking of reality. I bought beans last month 350 this month I spent 500 on the same measure. I am worried about rice now, last is 500 now the man said even him he bought on 650/measure. Keep IMF rubbish aside, let's talk reality. They (IMF) and Buhari are in there sophisticated offices with cutting edge faciliries and you're here depending lies on their behalf. |
Re: Buharinomics inflation;Razor Blade For #20??Nairalanders Lets Knw Prices Of Tins by Pidggin(f): 10:13pm On Feb 11, 2016 |
AmmarOscar: What is this one saying, can't you read? |
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