Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,899 members, 7,956,396 topics. Date: Monday, 23 September 2024 at 11:08 AM |
Nairaland Forum / Nairaland / General / Business / Nigeria’s Inflation Declines For 14th Consecutive Month (8290 Views)
Inflation Declines For 12th Consecutive Month To 15.13% / Nigeria’s Inflation Declines For Nine Consecutive Months / Nigeria’s Inflation Rate Drops For Seventh Consecutive Month, Says Nbs (2) (3) (4)
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by MVLOX(m): 8:44am On Apr 13, 2018 |
That is a welcome development 1 Like 1 Share |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by AmTruth: 8:45am On Apr 13, 2018 |
Good news,Things are gradually getting better. Sometimes in 2016/2017 we bought a basin of Garri for #6000 in PH but now I can use same amount and buy 3 basins of Garri, we also spent #26000 for a 50kg bag of rice. But with same amount now I can afford 2 bags of rice instead of one. We will get there I strongly believe with the emerging gradual drop in food prices as more people engage in farming ,hence increasing production the prices will keep droppings. Kudos to PMB and the Economy Team. Long live Nigeria 6 Likes 3 Shares |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by dheilaw1(m): 8:45am On Apr 13, 2018 |
GraGra247:ipob terrorist sighted 1 Like 1 Share |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by Nobody: 8:46am On Apr 13, 2018 |
They are just quoting numbers for the consumer price index but then, is it really what it is.... 1 Like |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by Nobody: 8:47am On Apr 13, 2018 |
SillyMods:During looting under GEJ fuel was N97 while bag of rice was N9,500 |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by Nobody: 8:47am On Apr 13, 2018 |
Fesomu:BMC,abeg for which market and state you dey buy rice ₦11500? |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by donb06: 8:48am On Apr 13, 2018 |
This is what we call running In circles... Price of goods increased by 300% ..... And nw it is reducing again by 0.99% una dey happy.. Wetin concern me... I go soon leave this country by God's grace |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by dheilaw1(m): 8:49am On Apr 13, 2018 |
don4real18:go an hug transformation 2 Likes 1 Share |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by Neoteny(m): 8:49am On Apr 13, 2018 |
GavelSlam: Shhh! You'll let the eastern dogs out and they'll start barking. 1 Like 1 Share |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by oluwaahmed: 8:50am On Apr 13, 2018 |
GavelSlam: Oga which 30billion? Stop manufacturing figures oga 1 Like 2 Shares |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by Nobody: 8:51am On Apr 13, 2018 |
Fesomu: You are happy you bought it at N11,500 . difference of N500 from original price if not more. Why cant you look for where to buy at N8,000(which was the price a bag was valued for 4 years without any hike). |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by quickberry(m): 8:52am On Apr 13, 2018 |
GraGra247:Rice ko beans ni |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by Nobody: 8:52am On Apr 13, 2018 |
don4real18: Sense no dey naija. government believes in making life harder for the poor masses. |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by ItsTime4me(m): 8:53am On Apr 13, 2018 |
GavelSlam:. But what he said is the fact. |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by Nobody: 8:54am On Apr 13, 2018 |
donb06: Please tell them. to have sense. Dangote cement is purchased at N800 in Ghana Do I need to mention the price in Nigeria where the cement is actually produced. Is this not wickedness? 2 Likes 2 Shares |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by donb06: 8:55am On Apr 13, 2018 |
AmTruth:abeg no vex Oo .... Na who increase am go 26000... He just decrease wetin him increase joor... And for ur notice by 2014 I could buy 3 bags of 50kg for 24000 with 2000 for one fowl wey I ho use arrange like 2 cups and one shine shine bobo to wash am down.. |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by GraGra247(m): 8:58am On Apr 13, 2018 |
GavelSlam: Just look at the English of the fellow chiding me for not going to school. |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by jamace(m): 8:59am On Apr 13, 2018 |
Fulani herdsmen killing law abiding Nigerians in astronomical proportion, yet Buhari does not give a damn. Of what use is inflation rate to dead citizens? 1 Like 1 Share |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by donb06: 9:02am On Apr 13, 2018 |
AmTruth:where In ph.... Which kind lie be dis na.... Na for rumuokoro market or mile one or mile three market, na for borikiri market? Or na for oil mill market, for obigbo market my bro where?? . The least u go get rice na mile one market for 18500 naira.... So where u buy two bag of rice 26000.. Enyia If na play stop am ooo no come here dey lie nonsense lie... In fact where u dey live sef for ph?? |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by Rhaspody(m): 9:18am On Apr 13, 2018 |
wake up guys. this is typical propaganda. to serve PMBs re-election campaign |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by don4real18(m): 9:25am On Apr 13, 2018 |
dheilaw1:I just hugged it but thanks to epileptic power supply which the so-called Giant of Africa is known for, I am still alive and well to bash them more |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by Bishop4real: 9:27am On Apr 13, 2018 |
[quote author=Njeps post=66669788] You are happy you bought it at N11,500 . difference of N500 from original price if not more. Why cant you look for where to buy at N8,000(which was the price a bag was valued for 4 years without any hike). [/quote Why can't you show him where he can sell crude for about $120/barrel as was sold about 4 years ago? 2 Likes 1 Share |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by AlNur: 9:38am On Apr 13, 2018 |
Fesomu:mugu you bought it expensive! During GEJ time it was 8 freaking k! |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by Nobody: 9:39am On Apr 13, 2018 |
Useless metrics that have not positively affected the lives of the masses.. Go and check the price of meat and fish in this country Transport nko Talk less of school fees |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by Vulcanheph(m): 9:42am On Apr 13, 2018 |
bishopkay:TRUE TALK..NA YOU TALK WETIN COMOT ROAD 1 Like 1 Share |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by Nobody: 9:44am On Apr 13, 2018 |
AmTruth:Una tell us say competition will bring down the price of fuel to ₦1 per litre, but we still dey buy am for the same price of ₦145 when buhari increase am 3 years ago.Even the man wey do this analysis never step in the market for him life. |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by loganx: 9:44am On Apr 13, 2018 |
When money is scarce, it brings value to the currency so people should stop complaining and go to work. it is no longer like the previous government when people were picking money from the ground, snakes, monkeys and lizards were eating up money. when every smart criminally minded individual was collecting subsidy without lifting a liter of petroleum. money is scarce, you have to work to earn money. next line of action is to stop sale of forex to individuals and companies, if you want forex, you have to earn forex. Can you go to the US and ask the bank or the government to sell Naira to you? 2 Likes 2 Shares |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by AmTruth: 9:46am On Apr 13, 2018 |
donb06:My comparism wasn't about 2014 or 1999,but about 2016/2017 as you can see from my post. For your notice even in US or the UK what was bought with 100 dollars or pounds 5 or 3 years ago must certainly increase in a way,inflation everywhere is an unavoidable circumstance by it rising rate.Even recently in UK their inflation rate increased slightly. Coming back to Nigeria, if we can have more than 100 percent drop in price of garri and rice we bought 2 years ago, I believe the present price will certainly drop further if more people continue to engage in farming, thereby increasing production which will cause eventual drop in price that is business friendly. 1 Like |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by ManirBK: 9:48am On Apr 13, 2018 |
Fesomu:Where? |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by ogunsj: 9:58am On Apr 13, 2018 |
GraGra247:my brother sorry oooo. I know you are disappointed about this news. you only want to hear negative news about Nigeria. ironically, you remained a victim of your wish. whatever Nigeria is and would be, you are going to be a beneficiary of it. 1 Like 1 Share |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by AmTruth: 10:44am On Apr 13, 2018 |
donb06:I'm a TYPICAL LOCAL Nigerian who enjoys local rice and food. Am talking about Typical Local rice which am proud to enjoy, thereby putting money into the pockets of my brothers and sisters who produce the OGOJA ,EBONYI and ANAMBRA rice. You can keep enjoying your expensive foreign rice. However price difference is something everyone handle individually,for instance a basin of Garri around RUMUDARA is a around 2300,but around OZUOBA you get it lesser.also depends on the shop and Garri type either IKWERE Garri or others,the choice is yours. In terms of rice there are places where local rice are warehouse and sold cheaper especially those coming from EBONYI,Ogoja and the North which takes those who stoop low to identify. Places like mile one and oil mill market soup condiments are cheaper compare to Rumuokoro or Slaughter market. So price difference depends on you if only you will stoop low to identify. This is Port Harcourt for you and we know the secrets shine your eyes in PH else you will work and own nothing. 3 Likes 1 Share |
Re: Nigeria’s Inflation Declines For 14th Consecutive Month by SillyMods: 10:45am On Apr 13, 2018 |
asuustrike2009:How much was fuel and bag of rice pre-looting of GEJ? 1 Like 1 Share |
Gas Production Rises By 31% In Three Months / Nigeria’s External Reserves Rise By 1.1% In 6 Days / Where Can I Get Storage Space In Lagos
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 51 |