Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 - Business (2)

Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 (7129 Views)

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Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by abah001: 2:12pm On Oct 17, 2022

Wetin concern the politicians and elite

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Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by AliyuMahdi9: 2:14pm On Oct 17, 2022

Useless APC Government

Saintlucia come and see your criminals in position

Saintlucia post Obi's Picture to show you Support OBI 100%

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by Kinddetective: 2:14pm On Oct 17, 2022

Forget all these cooked numbers, Nigeria’s real inflation should be more than 50%

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Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by Glycosunde: 2:14pm On Oct 17, 2022

Why will inflation not keep soaring high every month when farmers can't go to farm because of buhari and his gangs of fulani murderers. By now we would have thought that the GDP and well being of Nigerians will be better since all Buhari talks about was cow. Let him use the proceeds from cow to sustain the country. If una like vote for Tinubu or Atiku next year, suffer never tire una. Nonsense

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Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by Brushstrokes20: 2:15pm On Oct 17, 2022

Dammmmmmmmnnnn it!....
The lifeless disaster keeps breaking all evil records at will! undecided

Useless and satanic party of self serving THIEVES AND BLOODTHIRSTY TERRORISTS!
NIG URGENTLY NEEDS A LEADER!

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by chinae(m): 2:19pm On Oct 17, 2022*

Just wait, the real inflation as a result of flood will hit very soon

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by viodemus: 2:35pm On Oct 17, 2022

Oga Buhari and his advisers do not know anything tangible about economics.

Nigeria dey inside a mean one chance.

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by Confirm4real(m): 2:42pm On Oct 17, 2022

APC!

I think Buhari should continue after 2023 since Nigerians love suffering and smiling.

Una neva see anything it would reach 40% when Buhari's tenure will finish.

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Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by Thinkingfast: 2:43pm On Oct 17, 2022

Not sure what products make up Nigeria's CPI but bread alone is up 150% year on year. The internalised issues of security and flooding are not helping while the externalities ie the Ukraine / Russian war is a contributory factor.

Nigeria's situation is not unique, inflationary pressures is a global problem.

But then what solutions are in place?

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by ghosttownboss(m): 2:48pm On Oct 17, 2022

APCEEE!

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by BreconHills(m): 2:55pm On Oct 17, 2022

boladale123:
Buhari has finally killed Nigerians.

How?

Nigeria's Inflation is largely imported. How has Buhari forced Nigerians to love everything foreign?

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Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by RepoMan007: 3:02pm On Oct 17, 2022

franktech:
And you will see full grown adults campaigning for the same party with their shoulders high even when the next flag bearer is a physically and mentally challenged man. I spit on some people's brain.

Even if you can't vote for LP at least try and vote for Atiku or NNPP, that will be understandable. Everyone mustn't vote for same party.

Party isn't the problem but the structure. Vote Democrats from US into Aso Rock and you will still obtain this catastrophic result.

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Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by BreconHills(m): 3:06pm On Oct 17, 2022

Glycosunde:
Why will inflation not keep soaring high every month when farmers can't go to farm because of buhari and his gangs of fulani murderers. By now we would have thought that the GDP and well being of Nigerians will be better since all Buhari talks about was cow. Let him use the proceeds from cow to sustain the country. If una like vote for Tinubu or Atiku next year, suffer never tire una. Nonsense

This is only a partial reason and it does not hold for the entire country. A more significant reason is that Nigeria imports most of its inflation. 14.61% of imports are for food making for about $10 billion. Prices are higher worldwide because of the war in Ukraine and Chinese zero covid policies breaking the value chain.

Nigeria's next president is going to remove the subsidy and partially float the Naira so no one should sell us any magic candidates. What lies ahead of every Nigerian is pivot or suffer, innovate or quench. Nobody is coming to create any El Dorado on Nigeria- least of all the man without any Federal experience or record of achievement as a governor.

Your life is in your hands Nigerians. Help is not coming soon.

Brecon Hills is back.

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Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by Nobody: 3:08pm On Oct 17, 2022

chokekachy:
https://nairametrics.com/2022/10/17/breaking-nigerias-inflation-rate-hits-a-new-17-year-high-of-20-77-in-september-2022/

FreeStuffsNG PandoraObi Leodeking Abdul05 Leodeking Throwback Batified2023 Biodun556

Una don do am again. Congratulations.

E go reach all of you too. grin

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by missionmex(m): 3:18pm On Oct 17, 2022

chokekachy:
https://nairametrics.com/2022/10/17/breaking-nigerias-inflation-rate-hits-a-new-17-year-high-of-20-77-in-september-2022/

My estimation puts it at 35 percent

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by Buckeyemedia1: 3:38pm On Oct 17, 2022

socialmediaman:
Emilokan needs to answer questions about his role in imposing the biggest disaster in Nigeria's history and still insists on running for office instead of apologizing to Nigerians

Only if ipobians like you were better informed enough to know that inflation is a world wide ongoing crisis right now.

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by Buckeyemedia1: 3:40pm On Oct 17, 2022

abobote:
If Buhari no kill this country he won't leave

Lazy Sambo man, what have you done to help yourself or the economy? Nonsense Almijiri.

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by proclinician: 3:46pm On Oct 17, 2022

Many more will have to suffer, many more will have to die. Don't ask me why.

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by Yankee101: 3:48pm On Oct 17, 2022

Buhari the curse on nigeria

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by Shikini: 3:53pm On Oct 17, 2022

Sad

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by OctavianAC(m): 4:16pm On Oct 17, 2022

APC government keep breaking bad record

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by CheapHomes1: 4:16pm On Oct 17, 2022

toyinjimoh:
On what antecedent are they campaigning for? when they all have the same selfish interest to loot the nations treasury...they will not know peace with thier looted treasuries

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by CheapHomes1: 4:18pm On Oct 17, 2022

Buckeyemedia1:
Only if ipobians like you were better informed enough to know that inflation is a world wide ongoing crisis right now.

Pls what has worldwide inflation got to do with the price of yam, beans, garri, tomatoes, pepper and goat meat?

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by gentleguy1975: 4:41pm On Oct 17, 2022

I am at a loss here,do we have two categories of inflation?if inflation in the paper in 2005 was that high and prices of commodity in the market were low it means the inflation rates being released from time to time by FBS has nothing to do with the reality on ground!

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by Temptee101(m): 4:58pm On Oct 17, 2022

It beats my imagination how some people are still planning to queue under the hot sun for hours to vote for APC again despite all that is happening and the endless red flags concerning the health and capacity level of it's presidential candidate.

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by SehgateTeam(m): 5:12pm On Oct 17, 2022

My advice for everyone is to really prepare for the worst. Am sure 50kg rice will get to 50k per bag this December except God intervention.

See guys, get some money, get some dry food stuffs and keep them. I don't know what can happen but with situation of things. Things will only get worst.

Just two weeks ago 1ton of sesame seed was 920k and today is 1,020,000. That is Kano.

Everyone should try to get foods at home. If it's tomatoes and peppers and vegetables we can get over it with little cash. But other food flours,(cassava, maize, yam, dry fish, plantain e.t.c, try to get them.) Infact as am talking to you now cocoa is not producing well in the farm. So expect more serious issues.

My 5cent.

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Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by searchlight: 5:38pm On Oct 17, 2022

franktech:
And you will see full grown adults campaigning for the same party with their shoulders high even when the next flag bearer is a physically and mentally challenged man. I spit on some people's brain.

Even if you can't vote for LP at least try and vote for Atiku or NNPP, that will be understandable. Everyone mustn't vote for same party.

When we say that Nigeria is the biggest ZOO mankind has ever seen with lots of untrained wild animals you will still complain.

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by pinkasso: 5:40pm On Oct 17, 2022

In reaction CBN will increase lending rate again...make una stop to dey print money for the sake of politics...una go damage this economy finish...SMH

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by Uchedizzy(f): 8:44pm On Oct 17, 2022

I pity the the incoming president so many work to be done

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Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by Ijb11: 9:14pm On Oct 17, 2022

Hmmm

Re: Nigeria’s Inflation Rate Hits A New 17-year High Of 20.77% In September 2022 by oladunjoye77u: 9:30pm On Oct 17, 2022

UndertakerTake us under more UndertakerTake us under more ...

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