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The Economy In 6 Months Of President Bola Tinubu - Politics - Nairaland

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The Economy In 6 Months Of President Bola Tinubu by KEVIND: 10:48am On Nov 29, 2023
🇳🇬THE ECONOMY IN 6 MONTHS OF PRESIDENT BOLA TINUBU

9 KEY INDICATORS [🟢+ve | 🔴-ve]

1 🔴INFLATION RATE
Met it at 22.41%
Now at 27.33%, inflation increased by 12.61% within the period.

2 🔴FOREIGN EXCHANGE
Met it at $1/₦461.26
Now at $1/₦820.56, Naira devalued by 78% within the period.
***Parallel Market Rate
Met it at $1/₦780
Now at $1/₦1,157 Naira devalued by 48%

3 🔴FOREIGN RESERVES
Met is at $35.14 billion
Now at $33.20 billion, Reserves reduced by -$1.94billion (-5.52%).

4 🟢OIL PRODUCTION
Met it at 1.19mbpd
Now at 1.35mbpd, increased by 160kbpd (13.4%).

5 🟢OIL PRICE
Met it at $77.07/barrel
Now at $81.84/barrel, an improvement of 6.19%.

6 🟢ALL SHARE INDEX
Met it at 52,973.88
Now at 71,041.05, a growth of +34.11%.

7 🔴PMS PRICE
Met it at ₦238.1
Now at ₦630.6, an increase of 165%.

8 🔴PURCHASING MANAGERS' INDEX
Met it at 54.0 (Expanding)
Now at 49.1 (Contracting)

9 🟢GDP GROWTH RATE (YoY/QoQ)
Met it at 2.51% (Q2 2023)
Now at 2.54% (Q3 2023) YoY growth and 9.72% QoQ growth.

- All data as at 28 Nov 2023

#Statisense
(NBS, CBN, NGX, Stanbic PMI)

https:///StatiSense/status/1729793917623611879?t=__Z0HpCaXKy9RktvRSOG1g&s=01
Re: The Economy In 6 Months Of President Bola Tinubu by money121(m): 11:06am On Nov 29, 2023
I dislike Red cry
Re: The Economy In 6 Months Of President Bola Tinubu by Racoon(m): 11:09am On Nov 29, 2023
You don't expect a man that came in with a criminal mentality to better the lot of a country he was part of the original cabal that destroyed it.

5 Likes 1 Share

Re: The Economy In 6 Months Of President Bola Tinubu by Racoon(m): 11:11am On Nov 29, 2023
Emilokan!! See where it has landed this nation today.

2 Likes 1 Share

Re: The Economy In 6 Months Of President Bola Tinubu by Usmanovic95(m): 11:17am On Nov 29, 2023
BAT is actually making BUHARI look like an administrative cult hero day by day.Everything has been in anticlimax from the start.

1 Like 1 Share

Re: The Economy In 6 Months Of President Bola Tinubu by forgiveness: 11:20am On Nov 29, 2023
Still improvement.
Re: The Economy In 6 Months Of President Bola Tinubu by gbaskiboy: 11:20am On Nov 29, 2023
Like for BAT share for PMB

1 Like 1 Share

Re: The Economy In 6 Months Of President Bola Tinubu by YorubaDemonswag: 11:48am On Nov 29, 2023
Racoon:
You don't expect a man that can in with a criminal mentality to better the lot of a country he was part of the original cabal that destroyed it.

Obirodent rest because your Pandora clown will never rule this country

1 Like

Re: The Economy In 6 Months Of President Bola Tinubu by tesppidd: 11:50am On Nov 29, 2023
He really hit the ground running.

Am still shook how we Nigerians let this man get away with "murder"


People have never suffered so much in this country like they are presently.

*NLC is quiet.
*TUC is quiet.
*ASUU is quiet.
*Civil Society is quiet.
*PDP and opposition parties are quiet.
*NANS and student groups are quiet.

It's like everyone is under a spell.

7 Likes 2 Shares

Re: The Economy In 6 Months Of President Bola Tinubu by TruthsFM: 11:51am On Nov 29, 2023
Tinubu destroyed Nigeria economy no be small

5 Likes 1 Share

Re: The Economy In 6 Months Of President Bola Tinubu by mightyhaze: 11:54am On Nov 29, 2023
They will rather talk about Igbo this and that..

Rhino monkey will sit for hours in his room racking his head on what next to think up about igbos ( a tribe he can't tie the shoe lace of the least amongst them grin) and rush to Twitter..with hope of getting a job.

People ,your economy is going.. think about how to salvage it,pay less attention to loud mouthed jobbers who care only about where their next grub is coming from

2 Likes 1 Share

Re: The Economy In 6 Months Of President Bola Tinubu by SeeWahala: 12:27pm On Nov 29, 2023
mightyhaze:
They will rather talk about Igbo this and that..

Rhino monkey will sit for hours in his room racking his head on what next to think up about igbos and rush to Twitter..with hope of getting a job.

People ,your economy is going.. think about how to salvage it,pay less attention to loud mouthed jobbers who care only about where their next grub is coming from

Igbos are the giants and spice of Nigeria. Even without holding any top political appointments in over 60 years they still use their might to strike fear into the hearts of their oppressors and enemies both within and away grin

Na only God for do this kind thing. Nobody else.

6 Likes 1 Share

Re: The Economy In 6 Months Of President Bola Tinubu by Pakute: 12:38pm On Nov 29, 2023
So?.. Since 2011, we have been running on false economy. Govt has been using billions of dollars to defend the naira and gave us artificial value, we dey pay subsidy in billions while refineries dey rotten, dem privatize NEPA to incompetent people, Govt still dey pay billions as subsidy to private companies wey buy our NEPA, is that normal?. We dey operate an import dependent country where people dey import toothpick but una want everything to remain that way. You better be thankful that Tinubu is fixing the false economy into real, otherwise your children for suffer in the future. Bunch of unthinking mobs.
Re: The Economy In 6 Months Of President Bola Tinubu by LOVEALAIGBO: 12:45pm On Nov 29, 2023
Now that’s ’renewed hope’ you can take to the bank! shocked
Re: The Economy In 6 Months Of President Bola Tinubu by Pakute: 12:46pm On Nov 29, 2023
SeeWahala:


Igbos are the giants and spice of Nigeria. Even without holding any top political appointments in over 60 years they still use their might to strike fear into the hearts of their oppressors and enemies both within and away

Na only God for do this kind thing. Nobody else.
Chestbeaters, if una no beat chest wetin una gain?. For 60yrs, una no get any political appointments?. We know you people lie alot, so, we can nolonger be shocked, if Obi could lie easily, much less ibo kids. We see how una dey strike fear with tears of marginalization and victimization.
Re: The Economy In 6 Months Of President Bola Tinubu by LOVEALAIGBO: 12:48pm On Nov 29, 2023
tesppidd:
He really hit the ground running.

Am still shook how we Nigerians let this man get away with "murder"


People have never suffered so much in this country like they are presently.

*NLC is quiet.
*TUC is quiet.
*ASUU is quiet.
*Civil Society is quiet.
*PDP and opposition parties are quiet.
*NANS and student groups are quiet.

It's like everyone is under a spell.

A people get the kind of gov’t they deserve and work for! Nigerians are generally a docile, naive and daft lot!

1 Like 1 Share

Re: The Economy In 6 Months Of President Bola Tinubu by Pakute: 12:50pm On Nov 29, 2023
mightyhaze:
They will rather talk about Igbo this and that..

Rhino monkey will sit for hours in his room racking his head on what next to think up about igbos and rush to Twitter..with hope of getting a job.

People ,your economy is going.. think about how to salvage it,pay less attention to loud mouthed jobbers who care only about where their next grub is coming from
You were once buttlicking Rhino Monkey sometimes ago, what was he doing right then that you loved his ass so much?
Re: The Economy In 6 Months Of President Bola Tinubu by mightyhaze: 12:53pm On Nov 29, 2023
Pakute:

You were once buttlicking Rhino Monkey sometimes ago, what was he doing right then that you loved his ass so much?
These statements coming from a man is so so disgusting..please learn how to talk like a man no matter your inclinations..
Re: The Economy In 6 Months Of President Bola Tinubu by Paraman: 12:55pm On Nov 29, 2023
If Obi won the 2023 presidential election, inflation rate will be more than 50% by now
Re: The Economy In 6 Months Of President Bola Tinubu by Pakute: 1:00pm On Nov 29, 2023
mightyhaze:
These statements coming from a man is so so disgusting..please learn how to talk like a man no matter your inclinations..
But not disgusting when una dey lick am and dey hail am back then. Shiorr!
Re: The Economy In 6 Months Of President Bola Tinubu by ElSudani: 1:07pm On Nov 29, 2023
Paraman:
If Obi won the 2023 presidential election, inflation rate will be more than 50% by now

That would have been the end of Nigeria. A troubled economy handed over to a guy who didn't believe in manifesto! Who basically didn't have any plans.
Re: The Economy In 6 Months Of President Bola Tinubu by Rexymania(m): 1:23pm On Nov 29, 2023
Na number 1 and PMS dey affect us
Re: The Economy In 6 Months Of President Bola Tinubu by AcademicWriter: 3:16pm On Nov 29, 2023
politician destroyed Nigeria economy no be small..
Re: The Economy In 6 Months Of President Bola Tinubu by Nightwolf1: 3:20pm On Nov 29, 2023
Na statistics we go chop
Re: The Economy In 6 Months Of President Bola Tinubu by Validated: 3:31pm On Nov 29, 2023
Tinubu I'd a CATASTROPHIC FAILURE
Re: The Economy In 6 Months Of President Bola Tinubu by ojobek: 4:16pm On Nov 29, 2023
So,we are not importing toothpick again,what 44 items banned by previous government and return by Tinubu simply cos you want to control money market.CONTINUE.
Pakute:
So?.. Since 2011, we have been running on false economy. Govt has been using billions of dollars to defend the naira and gave us artificial value, we dey pay subsidy in billions while refineries dey rotten, dem privatize NEPA to incompetent people, Govt still dey pay billions as subsidy to private companies wey buy our NEPA, is that normal?. We dey operate an import dependent country where people dey import toothpick but una want everything to remain that way. You better be thankful that Tinubu is fixing the false economy into real, otherwise your children for suffer in the future. Bunch of unthinking mobs.
Re: The Economy In 6 Months Of President Bola Tinubu by ojobek: 4:18pm On Nov 29, 2023
THAT NUMBER FIVE MAKE ME LAUGH,AS IF HE HAS POWER TO FIX THE PRICE OF CRUDE OIL.
Re: The Economy In 6 Months Of President Bola Tinubu by Tochi3(m): 4:24pm On Nov 29, 2023
tesppidd:
He really hit the ground running.

Am still shook how we Nigerians let this man get away with "murder"


People have never suffered so much in this country like they are presently.

*NLC is quiet.
*TUC is quiet.
*ASUU is quiet.
*Civil Society is quiet.
*PDP and opposition parties are quiet.
*NANS and student groups are quiet.

It's like everyone is under a spell.
..era of Bullion vans...if you know, you know

(1) (Reply)

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