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BREAKING: Nigeria's Inflation Drops To 11.26% In October - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / BREAKING: Nigeria's Inflation Drops To 11.26% In October (5683 Views)

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Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by BruncleZuma: 12:12pm On Nov 21, 2018
See them clapping for themelves and patting themselves on the back when their beloved leader's performance indicator is being measured against his policies and himself.
Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by Nobody: 12:15pm On Nov 21, 2018
grin grin grin
kumakunta:

With your diploma in animal husbandry?
Speak for your self stone age sage!
Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by planet4: 12:15pm On Nov 21, 2018
The inflation drops just in paper work, who you epp bubu, just keep deceiving ur co lifeless id***
Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by Mankos(m): 12:23pm On Nov 21, 2018
Buhari deserve second term.

2 Likes 1 Share

Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by GetCofOProperty: 12:25pm On Nov 21, 2018
BruncleZuma:
See them clapping for themelves and patting themselves on the back when their beloved leader's performance indicator is being measured against his policies and himself..

We hope the inflations goes down a bit more. It should be at the least of single digits like 2% or 3%.
If interested in acquiring genuine land or property in your choice location with Peace of Mind, you can reach us through the contact in the signature below or click the WhatsApp chat link to chat with us.
Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by BruncleZuma: 12:36pm On Nov 21, 2018
GetCofOProperty:


We hope the inflations goes down a bit more. It should be at the least of single digits like 2% or 3%.
If interested in acquiring genuine land or property in your choice location with Peace of Mind, you can reach us through the contact in the signature below or click the WhatsApp chat link to chat with us.


Nah the land or the inflation make we talk about?
Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by Nobody: 12:36pm On Nov 21, 2018
This reporter dey craze grin

11.28 to 11.26 and he decide to write all this nonsense?
Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by Nobody: 12:38pm On Nov 21, 2018
argon500:
Good news

Only an enemy of progress won't be happy with this news

See them above. Children of 8

You're not alright for calling this good news, until we return to a single digit inflation rate, I still consider this a bad news.
Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by Nobody: 12:47pm On Nov 21, 2018
dipoolowoo:
By Dipo Olowookere

Inflation rate in Nigeria declined to 11.26 percent in the month of October 2018 after rising for two consecutive months; August and September.

According to data released on Wednesday morning by the National Bureau of Statistics (NBS), the inflation dropped to 11.26 percent from 11.28 percent recorded in September 2018.

Business Post reports that on month-on-month basis, the headline index increased by 0.74 percent in October 2018, down by 0.09 percent points from the rate recorded in September 2018 (0.83) percent. The percentage change in the average composite CPI for the twelve months period ending October 2018 over the average of the CPI for the previous twelve months period was 12.78 percent, from 13.16 percent recorded in September 2018.

The urban inflation rate increased by 11.64 percent (year-on-year) in October 2018 from 11.70 percent recorded in September 2018, while the rural inflation rate increased by 10.93 percent in October 2018 from 10.92 percent in September 2018.

On a month-on-month basis, the urban index rose by 0.76 percent in October 2018, from 0.86 percent recorded in September, while the rural index also rose by 0.72 percent in October 2018, down from the rate recorded in September 2018 (0.82) percent.

However, Nigeria’s Statistician General, Mr Yemi Kale, disclosed on Wednesday that food inflation jumped to 13.38 percent year-on-year in October from 13.31 percent in September, with the core inflation increased to 9.9 percent year-on-year in October from 9.8 percent.

This rise in the food index was caused by increases in prices of Fruits, Meat, Vegetables, Potatoes, yam and other tubers, Bread and cereals, and Oils and Fats.

On month-on-month basis, the food sub-index increased by 0.82 percent in October 2018, from 1.00 percent recorded in September. The average annual rate of change of the Food sub-index for the twelve-month period ending October 2018 over the previous twelve-month average was 15.36percent, from the average annual rate of change recorded in September (15.92) percent.

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Aisha is packing his bags.
Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by Ganduri: 12:52pm On Nov 21, 2018
Nigerians can clearly see the APC are just grappling for anything they can to give an imoression they are doing well. Hahaha Whats the difference between 11.28 -11.26? 0.02%. May God punish those who wants to cintinue lyung to Nigerians. amen
Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by Afamed: 1:08pm On Nov 21, 2018
dukie25:
As long as lifeless remain our president, the figures would rise again.
This one has been wailing since 2015.
Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by jamezman(m): 1:18pm On Nov 21, 2018
According to data released on Wednesday morning by the National Bureau of Statistics (NBS), the inflation dropped to 11.26 percent from 11.28 percent recorded in September 2018.
Nigeria which way...... ₦aira is one of the worst currency on the planet.... Nigeria is now the capital od poverty.... But yet this APCheat believe they are the best...
Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by Nobody: 1:26pm On Nov 21, 2018
from 16.7 at 2017 year end to 11.26 in October 2018, I think Nigeria is getting better. more than 5% reduction in prices is a good omen.
Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by MexxIT(m): 1:42pm On Nov 21, 2018
Propaganda
Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by OreMI22: 1:51pm On Nov 21, 2018
[s]
dipoolowoo:
By Dipo Olowookere

Inflation rate in Nigeria declined to 11.26 percent in the month of October 2018 after rising for two consecutive months; August and September.

According to data released on Wednesday morning by the National Bureau of Statistics (NBS), the inflation dropped to 11.26 percent from 11.28 percent recorded in September 2018.

Business Post reports that on month-on-month basis, the headline index increased by 0.74 percent in October 2018, down by 0.09 percent points from the rate recorded in September 2018 (0.83) percent. The percentage change in the average composite CPI for the twelve months period ending October 2018 over the average of the CPI for the previous twelve months period was 12.78 percent, from 13.16 percent recorded in September 2018.

The urban inflation rate increased by 11.64 percent (year-on-year) in October 2018 from 11.70 percent recorded in September 2018, while the rural inflation rate increased by 10.93 percent in October 2018 from 10.92 percent in September 2018.

On a month-on-month basis, the urban index rose by 0.76 percent in October 2018, from 0.86 percent recorded in September, while the rural index also rose by 0.72 percent in October 2018, down from the rate recorded in September 2018 (0.82) percent.

However, Nigeria’s Statistician General, Mr Yemi Kale, disclosed on Wednesday that food inflation jumped to 13.38 percent year-on-year in October from 13.31 percent in September, with the core inflation increased to 9.9 percent year-on-year in October from 9.8 percent.

This rise in the food index was caused by increases in prices of Fruits, Meat, Vegetables, Potatoes, yam and other tubers, Bread and cereals, and Oils and Fats.

On month-on-month basis, the food sub-index increased by 0.82 percent in October 2018, from 1.00 percent recorded in September. The average annual rate of change of the Food sub-index for the twelve-month period ending October 2018 over the previous twelve-month average was 15.36percent, from the average annual rate of change recorded in September (15.92) percent.

https://really-simple-ssl.com/knowledge-base/how-to-setup-google-analytics-and-google-search-consolewebmaster-tools/
[/s]


Silly APC propaganda.

See Nigeria's inflation rate at Financial times publication for yourself here: https://www.ft.com/content/e48b73f0-c701-11e8-86e6-19f5b7134d1c


Despite his atrocious performance in office, It is obvious that Buhari will try to use his cousin the INEC chairman to rig the elections.

As a blood thirsty dictator, he will also use the Nigerian military to shoot protesters of the rigging.

Nonetheless, Nigerians should not despair in voting in the right leader to rescue Nigeria and make Nigeria prosperous and safe again.

#AtikuObi 2019!

Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by mapet: 1:51pm On Nov 21, 2018
eTECTIV:


oyebanji44: :
For the first time in Nigeria .masses and politicians are cooperating and complaining bitterly together..against buhari l support pmp all d way.
It is only a clueless govt dat will release such figures claiming inflation has dropped while prices and at d same time claim fud inflation is on d rise.. Let dem kip deceiving d gullible ones like dis one
Wateva U have been smoking is definitely bad for ur brain...

Me thinks it is only a "half-educated-illiterate" that does not know that govt don't release inflation figures grin grin grin

1 Like

Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by Anfieldboss: 3:00pm On Nov 21, 2018
oyebanji44:
Sai Baba you go enter ..na you biko..l" m very surprised to see politicians and masses joining heads to gether to complain abt sai Baba in Nigeria..Buhari is really workin.for sure

You be mumu angry
Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by Horus(m): 4:06pm On Nov 21, 2018

https://www.youtube.com/watch?v=S3WOil5-E70

Analysts predict further increase in Nigeria’s inflation
Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by OyinO: 8:37pm On Nov 21, 2018
Dropped where? Ohh! it actually dropped at the centre of your papa's head, hence he developed instant bald head. Rubbish!
Re: BREAKING: Nigeria's Inflation Drops To 11.26% In October by saintdevo(m): 8:48am On Aug 27, 2021
Useless country

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