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Nairaland Forum / Nairaland / General / Politics / Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS (7205 Views)
Naira Jumps To 8-month High Of 1,120/$ As Dollars Flood Black Market / Petrol Price Jumps To ₦350/ltr As Queues Return / Nigeria’s Total Public Debt Jumps By 15.64% To ₦33.107 Trillion – DMO (2) (3) (4)
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Adolfnigeria: 1:34pm On Apr 15 |
whats goes up must come down.when it drops by 1% they will start their propaganda |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Jamie1000: 1:40pm On Apr 15 |
Mudu of beans 2k. Omo |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by allthingsgood: 1:41pm On Apr 15 |
Penguin2: calm down |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Paraman: 1:45pm On Apr 15 |
excanny:I have some friends who were laughing at me when I told them naira won't trade beyond 2000/$ before it starts falling. They are now regretting because some of them bought dollars when it was between 1780-1920/$. In the construction industry, the price of construction materials has been falling for more than 4 weeks. Price of foreign rice is now falling too. foreign rice that was almost sold for 97k is now sold for 58k to 67k, depending on seller and location. |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by SpatialKing(m): 1:45pm On Apr 15 |
What has Tinubu achieved or actually done for Nigerians since he became president? |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by nnewsnjobs: 1:46pm On Apr 15 |
There is actually deceleration on point on point rate of increase. February to March is 1.5%, while January to February was 1.8%. I believe March to April point on point deceleration will be below 1.5%. There is actually a little progress but much work is still needed. I believe much effect will come in May, that is if they are able to maintain the current momentum, not allowing binance and other currency speculators to take the steering from them one more time. 2 Likes 1 Share |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Ezmans: 1:50pm On Apr 15 |
Paraman:no be April again na may? |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by rapheal5(m): 1:55pm On Apr 15 |
nairalanda1: It's well |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by TableLeg(m): 1:58pm On Apr 15 |
Efeeeku... Renewed shege banza! |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by YourMrBoo: 1:59pm On Apr 15 |
Jestin: Which rate is original Interest rate is increased so as to attract foreign investment and discourage mass borrowing which made dollar to come down to it's present level. Dollar going up is like saying let inflation multiply |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Theunbothered: 2:00pm On Apr 15 |
Fake news Tinubu has tamed the dollar just like he tamed the Atlantic |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Angelfrost(m): 2:12pm On Apr 15 |
Yet, the Naira is appreciating against the Dollar...! |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by CorrectionFLuid: 2:24pm On Apr 15 |
illuminutty: Naira is not appreciating anything. The US is going through an inflation at the moment with consequent devaluation in the dollar. That and the naira defending continued by the Tinubu administration is what's making the naira "gain". This regime has gone full circle back to petrol and dollar subsidy which they initially removed. |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Tochi360: 2:28pm On Apr 15 |
lost24: Not with Apc in Power. There was never any time Apc had plans to make Nigeria better, they only joined forces to crush pdp and keep Power at all cost. Nigeria don't know what hit the Country with this APC disaster. |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by ifyain: 2:31pm On Apr 15 |
When you borrow money to prop up the naira, just to placate the speculator, definitely inflation will going to continue to go up. the Lagos boys will learn that the economy is not stupid. |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by toujurs: 2:34pm On Apr 15 |
ganisucks:lmao |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by DMerciful(m): 2:42pm On Apr 15 |
Master strategist with no strategy Paraman: |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by OChimex: 2:43pm On Apr 15 |
Paraman:
|
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Skyehigher1: 2:48pm On Apr 15 |
That's the inflation of match not April... April inflation chat will come out on May that's one month dawn... Inflation of match is very high |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Skyehigher1: 2:49pm On Apr 15 |
April inflation will come out next month and is going to be lower than this maybe lower to 28 to 29 percent |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Paraman: 2:52pm On Apr 15 |
[quote author=OChimex post=129452094][/quote]So what do this have to do with my comment oga? |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by nnewsnjobs: 3:02pm On Apr 15 |
Skyehigher1: April inflation going down to 28 to 29% as you rightly mentioned would have been a very good thing to happen to Nigeria. But I doesn't work like that, from 33.2% to 28-29%, even May inflation may not drop to between 28 to 29%. To get this range, we should be looking at June to July. 1 Like |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Splashme: 3:42pm On Apr 15 |
Worst time to be a Nigerian . |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by scobaba: 3:42pm On Apr 15 |
Dollar is dropping Inflation is increasing Cost of basic necessities is still increasing I dont understand |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by melodyogonna(m): 4:46pm On Apr 15 |
The hell? |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by grandstar(m): 4:47pm On Apr 15 |
Penguin2: How will you call someone a "urine dispenser." For your info, he only pretended to be one to win the support of those who wished he'd only serve a term in office, hoping he did not have long to live. 2 Likes 1 Share |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Truvelisback(m): 4:51pm On Apr 15 |
Naira dey appreciate while inflation dey Buga. I no understand. 1 Like |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by lexy2014: 5:05pm On Apr 15 |
Paraman: why is the inflation waiting till may to fall? will it fall in may the way port-harcourt refinery was supposed to work in december 2023? |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by lost24: 5:18pm On Apr 15 |
Tochi360: let wait and see where this government is heading |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by CodeTemplar: 5:31pm On Apr 15 |
nnewsnjobs:the deceleration is down to use of disposable income for farm input. |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by CodeTemplar: 5:32pm On Apr 15 |
grandstar:sincr you know him privately, tell him to improve the system. |
Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by grandstar(m): 5:54pm On Apr 15 |
CodeTemplar: Is it not obvious he isn't behaving Balablu again? It isn't rocket science. He should improve the system? That is what he is trying to do. Rome wasn't built in a day, especially when the previous government was spending over 90% of government revenue servicing debt. Where's the money to improve the system? 1 Like |
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