Proudlyngwa:
Down here in PH, prices have really come down
Once upon a time, a basin of gari was around 7k now it's 2,500.

A paint rubber of rice was 2,000 now it's 1,600

Tomato was once 4 pieces 200 now it's almost 8 fifty naira,

Palm oil, a bottle was once 800 now it's 350.

We don't expect prices of things to remain the same as in when we were young, as far as we keep on having new cars, new houses new schools, and new innovations being more expensive, people will always want to meet up and prices of goods and services will always rise, except such is nonexential.

chriskosherbal:
If they say inflation has dropped given the above figure and using the consumer price index ( CPI ) as an indicator, it is not enough to actually conclude that in reality it has dropped using just a section or part of a market in a state as a sample to determine the population ...

All am saying is yes it might have dropped on paper, thank God for that, but for NAN to say it has actually dropped realistically using a minute part of a state from a country with 36 states as the average sample to measure and conclude for the entire population ( Nigeria ) at a point in time calls for questioning .

Be that as it may, A consumer price index measures changes in the price level of market basket of consumer goods and services purchased by households. The CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. The word PERIODICALLY should noted here not a point in time and the sample taken should be increased to a large extent to come up with such a conclusion .

God bless my country Nigeria .

See signature guyz.
.

dlondonbadboy:
Crashed from what to what? I really hate liars.

Something was 850naira before you canme in. You took that same thing to 2000naira. And later brought it to 1850naira and you have the tenacity to say it has crashed? Are you mad? Is your family mad?

Escodeb:


Are you sure you are a Nigerian?

93Miles:
SAI BABA

SAI BABA

SAI BABA

SAI BABA

SAI BABA

SAI BABA

SAI BABA

Racoon:
Guess the crash prices of foodstuffs is only crashed in Aso Rock? Lies & propaganda government.

Proudlyngwa:
Down here in PH, prices have really come down
Once upon a time, a basin of gari was around 7k now it's 2,500.

A paint rubber of rice was 2,000 now it's 1,600

Tomato was once 4 pieces 200 now it's almost 8 fifty naira,

Palm oil, a bottle was once 800 now it's 350.

We don't expect prices of things to remain the same as in when we were young, as far as we keep on having new cars, new houses new schools, and new innovations being more expensive, people will always want to meet up and prices of goods and services will always rise, except such is nonexential.

buhariguy:
in my state,
Edo state, price remain as pre-2015 within 5% difference.

buhariguy:
in my state, Edo state, price remain as pre-2015 within 5% difference.