The consumer price index (CPI) measuring inflation in the Nigerian economy rose to its highest point since former President Olusegun Obasanjo’s days as the first citizen of Nigeria.

The inflation report released by the National Bureau of Statistics (NBS) shows that inflation for the month of June spiked to its highest point since October 2005 — 11 years.

Inflation rose from 15.6 percent in May 2016 to 16.5 percent in June 2016, as energy and food prices weigh in heavy on inflation for the month.

Goldman Sachs, an American multinational banking and investment firm, forecasts that Nigeria’s inflation will not rise above 20 percent in 2016, before it takes retreats to lower levels.

https://www.thecable.ng/just-in-inflation-hits-highest-point-since-obasanjos-presidency#.V4yFJnp7xUA.twitter

Buhari is the definition of the word dullard

Buharinomic

Where is the economic team?

Where are the gains of China visit



WHERE HAVE THE ZOMBIES GONE

And some people said we should not blame Buhari for anything.

And the dummy is boasting that if election is done today, he would still win, might be he thinks Nigerians are synonymous with hardship. If only he knows how much anger we have for him, he would just vacate that office and run away.

I propose that Nigerians should compile a list of all the people who have served in this govt,from the president himself to the least political office holder.
And then a law should be made that none of them serve in any subsequent govt in this nation so that they don't by any chance infest that govt with this failure because failure is contagious

Nigerians don't really understand how bad our situation is.... We would have ended up. Like Greece if care was not taken

I won't even waste my time trying to reply non economics inclined post

The present situation would take years to get out, this what happens when u refused to save when u are meant to

mrvitalis:
Nigerians don't really understand how bad our situation is.... We would have ended up. Like Greece if care was not taken

I won't even waste my time trying to reply non economics inclined post

The present situation would take years to get out, this what happens when u refused to save when u are meant to

And what exactly is Buhari and his team doing so that we don't eventually end up like Greece?
These trial and error policies?

Most of what we have seen is trial and error economics and it is killing the chances of the economy bouncing back any time soon.

mrvitalis:
Nigerians don't really understand how bad our situation is.... We would have ended up. Like Greece if care was not taken

I won't even waste my time trying to reply non economics inclined post

The present situation would take years to get out, this what happens when u refused to save when u are meant to

Bro this is not about saving! It is about leaving the economy to fight corruption! Leaving our economy on autopilot for 6 months and traveling up and down without direction! America didn't save during their recession time but Obama didn't leave economy to fight corruption! He has plans and he execute everything accordingly! Your dullardino is busy fighting corruption while the economy is going backward

Nigeria in serious trouble.
we need divine intervention

Nigeria in serious trouble.
we need divine intervention

like I care


OP note that the economy will never come down....we the people will only step up and meet the standard of leaving

meanwhile make I park here

eleojo23:


And what exactly is Buhari and his team doing so that we don't eventually end up like Greece?
Most of what we have seen is trial and error economics and it is killing the chances of the economy bouncing back any time soon.

Repositioning nnpc as a profitable Company
Revitalising ajokuta steel company
The rail system
The youth grants
U really read and retain what u want bro

mrvitalis:
Nigerians don't really understand how bad our situation is.... We would have ended up. Like Greece if care was not taken

I won't even waste my time trying to reply non economics inclined post

The present situation would take years to get out, this what happens when u refused to save when u are meant to

How much did Obj get from the military when he took over, your own Zombieism no be here, go for treatment, fast.

Jirate:


How much did Obj get from the military when he took over, your own Zombieism no be here, go for treatment, fast.

I think the guy needs this...

Asking Buhari to fix d economy is like asking me to invent an Aeroplane.

eleojo23:

And what exactly is Buhari and his team doing so that we don't eventually end up like Greece?
Most of what we have seen is trial and error economics and it is killing the chances of the economy bouncing back any time soon.

d solution is clear, just simply tell ur ineffectual buffoon and his gang to just return our money, those dollars they pile in their bedroom and in d bush. for now, let us enjoy d effect of d madness of d past 16yrs of pdp

Mylove55:
d solution is clear, just simply tell ur ineffectual buffoon and his gang to just return our money, those dollars they pile in their bedroom and in d bush. for now, let us enjoy d effect of d madness of d past 16yrs of pdp

What is this one saying?
Please take your medicine

Jirate:

And the dummy is boasting that if election is done today, he would still win, If only he knows how much anger we have for him, he would just vacate that office and run away.

is only flat heads ipod that is stil angry over gej election loss, if not, all anger should be channel to ineffection buffoon, and is just a tip of d iceberg of what has be discover and recover from ur ineffectual buffoon cronies

Jirate:


How much did Obj get from the military when he took over, your own Zombieism no be here, go for treatment, fast.

The economics of foreign reserves is simply
OBJ might have gotten 3 billion dollars as of 1999 but that would have been enough to meet our dollar demand for 10-18 month
Buhari met 28 billion and this was less that 3 months dollar supply..
The times are different and the demand for dollar is different... The demand for dollar is very high now and that's the truth

dealordea:

Bro this is not about saving! It is about leaving the economy to fight corruption! America didn't save during their recession time but Obama didn't leave economy to fight corruption! pmb is busy fighting corruption while the economy is going backward

corruption were not killing america d way it has kill us, corruption is not d problem of america d way is our problem. and u cant expect nigeria to be like US within a year

eleojo23:

What is this one saying?
Please take your medicine

are u ok? just to tell ur corrupt hero to return what they stole, u are asking which village u came from. or u smoke weed dis early morning?

That is the reward we got from a purported agent of change call APC. Jonanthan prophecies have come to pass. He warned nigerians against voting for APC and its presidential candidate but we did not listen because of corruption in that government. We only look at the weakness in the government. We were blind to his achievement. I have no regret anyway cos I do not actually voted for this government.

This just confirms the wrong policy decisions the government keep making.

God Help Us.

Mylove55:
are u ok? just to tell ur corrupt hero to return what they stole, u are asking which village u came from. or u smoke weed dis early morning?

It's just best to ignore you.

Have a nice day!

Obj said something few months ago.......

No matter what i will vote Buhari again......Omenka2016

And this man still prefer opening Big bola Ige case at this crucial time. We don enter ham truely.

Mylove55:
is only flat heads ipod that is stil angry over gej election loss, if not, all anger should be channel to ineffection buffoon, and is just a tip of d iceberg of what has be discover and recover from ur ineffectual buffoon cronies

Why are you introducing tribal bigotry into a data released by NBS. Is statistics igbo too?
You that is happy with buhari's victory,are you blind to these facts raised by the inflation statistics or does being a zombie mean denying what is actually in your front?
Why can't zombies like you ever reason in the line of facts without derailing to tribal deviation? Are you really incapable of objective reasoning.
Disgusting

This can only be a breaking news to Buhari and his supporters. We knew before he came into office that this is going to happen.


Doubt me? Check his records in 1983-85.

A country that hates reading about its history is bound to repeat its mistake over and over again.