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What Are Your Plans For The Skyrocketing Inflation Rates? Let's Share - Politics - Nairaland

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What Are Your Plans For The Skyrocketing Inflation Rates? Let's Share by HelloWriter: 8:39am On Sep 12, 2021
Solutions you never expected can come from sharing ideas. So, I think we need to discuss real survival techniques regarding these skyrocketing inflation rates we're seeing in the country.

Here is the situation in perspective...

Many of us read the thread in July where DPR Director Sarki Auwalu predicted a petroleum pump price of up to N1,000 in a situation where the petrol subsidy is removed hundred percent.
https://www.nairaland.com/6659038/petrol-price-rise-n1000-per

Then, today, it is being reported that NNPC refineries generated zero revenue but paid its workers N69 billion. Imagine how Buhari will rush to remove the subsidy as soon as this report arrives at his desk!

This is to say that the petroleum pump price may just be jumping to anything from N1,000 soon. So, knowing how much petroleum pump price is directly proportional to inflation rates in the country, do we need any fortune teller to tell us that the inflation rates may soon be jumping to an all-time high?

Well, problems are meant to be solved, not lamented. So, can we share ideas?

Cc: Seun and Lalasticlala.
Re: What Are Your Plans For The Skyrocketing Inflation Rates? Let's Share by dawnomike(m): 8:54am On Sep 12, 2021
Simply... Try to make money in dollars

1 Like

Re: What Are Your Plans For The Skyrocketing Inflation Rates? Let's Share by hothead(m): 9:01am On Sep 12, 2021
Yes making money in forex is a good way, investing in gold mining ventures and gold itself too is another way I think will help hedge against inflation
Re: What Are Your Plans For The Skyrocketing Inflation Rates? Let's Share by SarkinYarki: 9:08am On Sep 12, 2021
dawnomike:
Simply... Try to make money in dollars

You Nigerians just like living in self deceit cheesy..How much can you earn in dollars to out run the inflation?
Re: What Are Your Plans For The Skyrocketing Inflation Rates? Let's Share by Pentagon007: 9:50am On Sep 12, 2021
The best alternative for anyone who has the means, is to leave Nigeria and travel to a country and start your life over there. This is my Plan.
Re: What Are Your Plans For The Skyrocketing Inflation Rates? Let's Share by 10mobile: 10:03am On Sep 12, 2021
Following.
Re: What Are Your Plans For The Skyrocketing Inflation Rates? Let's Share by Arda1000(m): 10:11am On Sep 12, 2021
SarkinYarki:


You Nigerians just like living in self deceit cheesy..How much can you earn in dollars to out run the inflation?
either way u stand a better chance making money in dollars,if anyone is suffering from self deceit it’s definitely you and your zombie likes,and it’s u guys that are suffering the most and will suffer more in coming months for bringing this disaster to Nigerians
Re: What Are Your Plans For The Skyrocketing Inflation Rates? Let's Share by Arda1000(m): 10:12am On Sep 12, 2021
Pentagon007:
The best alternative for anyone who has the means, is to leave Nigeria and travel to a country and start your life over there. This is my Plan.
thats the safest,seconded by making money in other currencies

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