By BusinessNews Staff
Following the rise in the Consumer Price Index (CPI), which measures inflation for three consecutive months to 12.8 percent in March, experts have cautioned that the index is likely to maintain its upward trend in April.



The headline index had increased to 11.4 per cent in February from 9.6 percent in January, according to the National Bureau of Statistics (NBS).
The latest increase had been blamed on an increase in the prices of goods and services across the country, the highest year-on-year rise since July 2012.

The statistical agency also pointed out that the planting season, transportation costs as well as foreign exchange movements contributed significantly in the upward movement witnessed on the food index in March.

http://www.nairausd.com/2016/05/further-rise-in-inflation-imminent-as.html?m=1

The law of gravity says wat goes up surely come down, but naija law says wat goes up hardly come down because we elect and they appointed ppl with fish brain.

Hyperchi:
The law of gravity says wat goes up surely come down, but naija law says wat goes up hardly come down because we elect and they appointed ppl with fish brain.

Even if you didn't vote the fish brain, some people made the choice for you and you're stuck with it!

.

It's expected

Hyperchi:
The law of gravity says wat goes up surely come down, but naija law says wat goes up hardly come down because we elect and they appointed ppl with fish brain.

Welcome to change that Nigerians ask for

Anticipated...This may make the MPC to increase MPR at their next meeting.

http://businessnews.com.ng/2016/05/02/further-rise-in-inflation-imminent-as-economy-hurts/

Cc: lalasticlala, dominique, Mynd44

Adesiji77:
Anticipated...This may make the MPC to increase MPR at their next meeting.

http://businessnews.com.ng/2016/05/02/further-rise-in-inflation-imminent-as-economy-hurts/

Cc: lalasticlala, dominique, Mynd44

Hmmmm

Our Economy hurts, Yet some people who i regard as senseless are busy telling us how they emerged as the President's running mate. Which way my country?

our economy hurts and those that put us in this mess are abroad hidden and also enjoying life like no tomorrow. We are here praising them, even wish they come back to rule again. I wonder if we can ever live a good life here or probably Nigeria is caused. I'm very sure these people will be laughing at us cos of our ignorance, they know they dear not show their face here unless being repatriated. We will all reap whatever we sow, not only that those that support evils will also be punished no matter how

Bubu has bad luck when it comes to economics.
I hope things change for good soon for the sake of innocent Nigerians who have been forced to live with this change brought upon them by the myopic set of people who voted for it.

The pains of Buharinomics!!!

This regime lacks good economic team.

Some zombies say there is hope. Let us be hoping.

Buhari will be the worse thing that will happen to Nigeria till 2019.

I don tire I swear.

We need to ask for the mercy of God in this country, I begin to wonder if this president carry "badluck" follow body

Courtesy of Buhari's archaically backward policies.

Hmmm....when it rains, it pours.

Apart from being setimental about issues, pls is the govt trying to tell us things are good and we shld be happy with them? I don't want to insult d govt but they just have fix d economy for it to work fast or they resign their appointment as what ever they are in office. I'm so tired of this govt...

Apart from being setimental about issues, pls is the govt trying to tell us things are good and we shld be happy with them? I don't want to insult d govt but they just have to fix d economy for it to work fast or they resign their appointment as what ever they are in office. I'm so tired of this govt...

Anyone thinking that the signing and passage of this year budget in may will change the economic fortunes of the nation is either a blinded political supporter of buhari or just a complete dreamer.
The bitter truth is that buhari and his so called team have lost control of the nation economic ship in today's global economic sea and they are going with the tide ,there is no sense of direction or purpose ,all they are hoping for is a rise in global oil prices. Even Lai Mohammed the emperor of lies had no choice but to admit that buhari has lost control.

http://www.google.com/url?q=http://thesummary.com.ng/index.php/news-categories/national/item/6323-buhari-has-lost-control-of-nigeria-economy-lai-mohammed&sa=U&ved=0ahUKEwjpx9zxvbvMAhVI9mMKHU_PAkcQFggGMAA&usg=AFQjCNH5f4het-RzQD3MKfSiDOaTQHpQyg

that statistic is being lenient. The current inflation on ground almost above 20%.
imagine two cups of garri is now for 100 naira

When You Ask A Nigerian Politician 'What's Your Take On The Heat? Journalist: What are your thoughts on this heat Nigerians are complaining about and what is government doing about it? Lai Mohammed: This is the result of PDP's misrule, they stole the ozone layer. FEMI ADESINA: Mr. President promised us change and that includes change in temperature. Change is here, embrace change. Akinwunmi Abode: We have signed a $10 million deal with LG to install air condition across the Lagos skyline. Ibe Kachikwu: I assure you all that this heat will disappear by 2pm on 29th May. Bukola Saraki: Tinubu wanted the heat to be more than this, but I opposed him out of my love for Nigeria and that's why they're witch hunting me. Goodluck Jonathan: The heat was not this bad when I left power, but Nigerians did not appreciate me. Adams Oshiomole: Diezani Alison-Madueke stole the N100 billion meant for temperature control research. Nasir El Rufai: We are in talks with General Electric to see how they can generate power for Kaduna from this heat Rauf Aregbesola: I have just approved payment of January salary so that Osun workers can buy hand fan Aliko Dangote: Next week, we are commissioning the Dangote Fan Factory. By 2030, Australia will be buying fans from us. Ben Murray-Bruce: *tweets* when Naira is weak and inflation is high automatically there will be heat. This is common sense! Ngozi Okonjo Iweala: Under the last administration, there was no political will to address climate change. Amaechi: When I wanted to go the sun to reset the temperature for the betterment of my people, Patience Jonathan sent EFCC after me. Fashola: If they had allowed me to deport all none Lagocians, there would have been cold now instead of heat! Rochas: My free education scheme has produced abt 4 students who will, in less than 30yrs time put the issue of this heat behind us!!!Change is here

Buharinomics at work..

Nothing new.

Since May 2015, Nigerians don hear am..

Zoogeria

wheres my intl passport sef?

Cement added N100 in April.

Today, it has added N50 again.

Sai Barber..

Naughtysite:
Cement added N100 in April.

Today, it has added N50 again.

Sai Barber..

SAI BARBER!!!

ifyan:


Welcome to change that Nigerians ask for

It will get better soon under this administration and y'all gonna eat back your words

I wasn't surprised! When a government is insensitive to the plight of it's citizens and with zero economic knowledge this is what we get!

Just a tip of the iceberg! Zombies come and defend this una government o!