Ghana’s Inflation Hits 40.4% In October 2022 - Business (3)

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Ghana’s Inflation Hits 40.4% In October 2022 - Business (3) - Nairaland

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About 99.4% Of Bank Accounts Contain Less Than N500,000 - NDIC / Nigerian Consumer Inflation Edges Up To 11.4% In May – NBS / Venezuela’s Bolivar Currency Worthless As Inflation Hits 1 Million Percent (2) (3) (4)

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Re: Ghana’s Inflation Hits 40.4% In October 2022 by blamingthedevil: 7:07pm On Nov 10, 2022

Starzo:

Guy nor talk am

Ghana economic situation worse

Just recently one of their actresses dey complain say na 72k naira Dem take dey fuel car for five days

Naija hard but Ghana present case na another thing entirely

I hope things get better for us and them very soon

2 Likes

Re: Ghana’s Inflation Hits 40.4% In October 2022 by saxywale2: 7:08pm On Nov 10, 2022

It's really bad in Ghana.

Re: Ghana’s Inflation Hits 40.4% In October 2022 by GeneralDae: 7:09pm On Nov 10, 2022

Truvelisback:
I suppose u mean Master scammer.

2 Likes

Re: Ghana’s Inflation Hits 40.4% In October 2022 by waice6571: 7:09pm On Nov 10, 2022

leksite120:
This is by far very worse.
Their exchange rate to naira is just a mirage and hoax.
The real economic power lies in the purchasing power.

We are telling them this fact but they refused to listen to the voice of wisdom.
Ghana fiscal policy remains the highest lies ever told to people after APC's frivolous promises.

5 Likes 1 Share

Re: Ghana’s Inflation Hits 40.4% In October 2022 by VULCAN(m): 7:11pm On Nov 10, 2022

Govt Apologists be acting like the Nigerian economy was booming till COVID so whatever is happening now should be excused

Jackasses

dele1727:

Intelligent people know that we are not alone...
Of course this government and the people could have done more....

But the reality is that the world is facing the bites of inflation....

You can't pump money into the economy after covid and not face it....

Plenty money chasing few goods

Re: Ghana’s Inflation Hits 40.4% In October 2022 by Teenaira: 7:11pm On Nov 10, 2022

Light78:
It's time people should stop drinking beer every weekend.

Things are gonna be hard.

Put the money to good use.

But the beer company will embark on a lay off if sales is poor.

2 Likes

Re: Ghana’s Inflation Hits 40.4% In October 2022 by goslowgoslow(m): 7:12pm On Nov 10, 2022

Brendaniel:
APC wants to use this information too justify their wickedness on Nigerians - you can see them all over the thread, Don't fall for it...

On a normal day are we supposed to even be comparing Nigeria and Ghana based on what we have as resources - both Human and Natural

What you people know is to attack APC all the time no single economics dey una brain.

7 Likes

Re: Ghana’s Inflation Hits 40.4% In October 2022 by backtovillage: 7:12pm On Nov 10, 2022

Brendaniel:
APC wants to use this information too justify their wickedness on Nigerians - you can see them all over the thread, Don't fall for it...

On a normal day are we supposed to even be comparing Nigeria and Ghana based on what we have as resources - both Human and Natural

Turkey's inflation is at 80%. What u say about that . Go find about the rest (EU) US self dey receive inflation wotowoto

7 Likes

Re: Ghana’s Inflation Hits 40.4% In October 2022 by saxywale2: 7:13pm On Nov 10, 2022

dele1727:

Intelligent people know that we are not alone...
Of course this government and the people could have done more....

But the reality is that the world is facing the bites of inflation....

You can't pump money into the economy after covid and not face it....

Plenty money chasing few goods

This happened in developed countries but did same happen in Africa. Maybe the money got pumped into pockets of politicians.

Africa's inflation is likely imported since we import almost everything.

2 Likes

Re: Ghana’s Inflation Hits 40.4% In October 2022 by Cancri: 7:13pm On Nov 10, 2022

LiveWithIt:
Lagos should come to the rescue ASAP..
We don't need someone who will take Nigeria to this kind of fall, we need someone like tinubu, the master planner.

comrade your vawulance don defy the law of physics.

1 Like 1 Share

Re: Ghana’s Inflation Hits 40.4% In October 2022 by Daddyyin: 7:13pm On Nov 10, 2022

blacksam01:

our inflation rate is hogher than that na

Chai! You can relocate to Ghana to experience a better life then.

13 Likes 1 Share

Re: Ghana’s Inflation Hits 40.4% In October 2022 by Jayphoenix45(m): 7:13pm On Nov 10, 2022

brain54:

We’re exactly are you…

The equivalent of 1000 naira is about 10 cedis…

As for purchasing power naira is better.

If you eat 10 cedis food in Ghana you will not get satisfied. You have not even started. that’s for a meal. I can bet 1000 naira can get you at least two meals.

A bottle of beer is 9 cedis… equivalent of about 900 naira at the road side bar. Not some posh club o!

So that should give you a perspective of the purchasing power of both currencies.

..

Bro you know it very well. You won't believe how much I spend weekly!! My wife went to market recently and 2000 cedis had no impact!! I went to the kitchen and was like "babe you didn't go to the market again"? She went but bro a bag of nigerian rice now sells at 700 cedis in madina market and 25kg of vegetable oil sells at 600 cedis now how much is left? No matter how bad things are in nigeria, you won't say 200k naira won't stock your kitchen

27 Likes 2 Shares

Re: Ghana’s Inflation Hits 40.4% In October 2022 by Laughingkk: 7:14pm On Nov 10, 2022

Brendaniel:
APC wants to use this information too justify their wickedness on Nigerians - you can see them all over the thread, Don't fall for it...

On a normal day are we supposed to even be comparing Nigeria and Ghana based on what we have as resources - both Human and Natural

No be this same Ghana people say e better pass Nigeria?
We too dey quick forget things
Why we no go compare? Ghana no be country again?

12 Likes 1 Share

Re: Ghana’s Inflation Hits 40.4% In October 2022 by ecolime(m): 7:15pm On Nov 10, 2022

TakeNigeriaBack:

Mumu. If you are from Ghana just say so. This has nothing to do with politics uzor.

Dey deceive yourself Boda Mumuni.

Re: Ghana’s Inflation Hits 40.4% In October 2022 by Nijablast: 7:15pm On Nov 10, 2022

Only Tinubu can rescue Nigeria from this danger in Nigeria. We cannot afford to put our future in the hand of Mr. Market to market cheesy

3 Likes 1 Share

Re: Ghana’s Inflation Hits 40.4% In October 2022 by saxywale2: 7:16pm On Nov 10, 2022

TheWolfen:
So why the sudden high inflation rate almost in every part of the world?
Take me back to the 90s or better still 80s please!

Government pumped money into the economies after the Covid lockdowns to prevent a global depression. Apparently, they over did it. Now a recession is here in a bid to curb inflation.

Africa has a majorly import based economy. Hence they import the inflation too.

8 Likes 1 Share

Re: Ghana’s Inflation Hits 40.4% In October 2022 by Deogratias0030(m): 7:17pm On Nov 10, 2022

LiveWithIt:
Lagos should come to the rescue ASAP..
We don't need someone who will take Nigeria to this kind of fall, we need someone like tinubu, the master planner.

Tinubu is APC leader. If he is this good, this government would not have failed. I know gullible people will always say He is not the president.

1 Like

Re: Ghana’s Inflation Hits 40.4% In October 2022 by 07kjb: 7:17pm On Nov 10, 2022

LeoDeKing:

That is according to ipob bureau of statistics.

U guys are very ST¢P_D

Re: Ghana’s Inflation Hits 40.4% In October 2022 by daygee12: 7:17pm On Nov 10, 2022

Brendaniel:
APC wants to use this information too justify their wickedness on Nigerians - you can see them all over the thread, Don't fall for it...

On a normal day are we supposed to even be comparing Nigeria and Ghana based on what we have as resources - both Human and Natural

Nothing like justification its reality

4 Likes 1 Share

Re: Ghana’s Inflation Hits 40.4% In October 2022 by Glare247(m): 7:17pm On Nov 10, 2022

alimiadedayo1:

bro don't say that people are experiencing worse here.. you dont know that it is painful to discover that our highest currency has no value at all.. can you compare the purchasing power of 1000 naira and 1000 cedis together

U need alot of education on this ,d purchasing power of naira is far better than cedis ,if I may ask ,are u awaire a full tank of petrol in ghana is like 72k naira ? Can u use 72k to fill ur car tank in naija ?

15 Likes 1 Share

Re: Ghana’s Inflation Hits 40.4% In October 2022 by israelmao(m): 7:17pm On Nov 10, 2022

Stop shopping for excuses to justify APC mismanagement of Nigerian economy.

Re: Ghana’s Inflation Hits 40.4% In October 2022 by waice6571: 7:18pm On Nov 10, 2022

goslowgoslow:

What you people know is to attack APC all the time no single economics dey una brain.

How many economics dey inside buhari's head. He inherited a vibrant economy.... 3rd fastest growing economy and wrecked it shamelessly.

Re: Ghana’s Inflation Hits 40.4% In October 2022 by Starzo: 7:18pm On Nov 10, 2022

alimiadedayo1:

bro don't say that people are experiencing worse here.. you dont know that it is painful to discover that our highest currency has no value at all.. can you compare the purchasing power of 1000 naira and 1000 cedis together

How easy do you think it is to get 1000 cedis compared to getting 1000naira?

1000 cedis is teachers monthly salary in Ghana

1000cedis is what people currently use to buy fuel for five days over there

Fuels sells for over 1000naira over there

Forget about exchange rate,naira has far far more purchasing power than the cedi

16 Likes 2 Shares

Re: Ghana’s Inflation Hits 40.4% In October 2022 by bmd1010: 7:21pm On Nov 10, 2022

Blame buhari, don't ask me why.

Re: Ghana’s Inflation Hits 40.4% In October 2022 by masseratti: 7:21pm On Nov 10, 2022

LiveWithIt:
Lagos should come to the rescue ASAP..
We don't need someone who will take Nigeria to this kind of fall, we need someone like tinubu, the master planner.

oga am a lagosian born and bred.. The Anambra you posted is a pump station, the lag u posted is lswc head office towards ijora go and park well, am not a fan of tinubu, òbí nor atiku but let state d fact right... Av u seen any water flow Staton in lag u can post?

4 Likes

Re: Ghana’s Inflation Hits 40.4% In October 2022 by Karleb(m): 7:21pm On Nov 10, 2022

Re: Ghana’s Inflation Hits 40.4% In October 2022 by goslowgoslow(m): 7:22pm On Nov 10, 2022

TechW:

Show me a single project build and commission by Tinubu throughout his tenure.
By the way.

That Waterworks was commissioned by Mr. Lord Luggard, the then Governor General of Lagos, in 1915 at Obun Eko Area of Lagos. The Iju treatment plant has a design capacity of 2.4million gallon per day (MGD) and was constructed primarily to supply Water to the Colonial residents of Ikoyi in those days.

So you mean for good eight years he did not complete any project. The best thing is to ignore people like you. If I dig deep now Ikpeazu might be your governor.

8 Likes 3 Shares

Re: Ghana’s Inflation Hits 40.4% In October 2022 by Eriokanmi: 7:22pm On Nov 10, 2022

Inflation is a global issue. Nigeria isn't alone in this situation. But had our economy and resources been managed well, had no crude theft been in place, we'd have fared much more better as a country. I remember a time the whole world went into a recession. Nigeria didn't even feel it as much as our neighbours and developed economies did.

Today, cefa has overtaken naira,.making naira one of the worst performing currencies in Africa today .

5 Likes 1 Share

Re: Ghana’s Inflation Hits 40.4% In October 2022 by LiveWithIt: 7:23pm On Nov 10, 2022

masseratti:
oga am a lagosian born and bred.. The Anambra you posted is a pump station, the lag u posted is lswc head office towards ijora go and park well, am not a fan of tinubu, òbí nor atiku but let state d fact right... Av u seen any water flow Staton in lag u can post?

Your cup of coffee who cares

8 Likes 2 Shares

Re: Ghana’s Inflation Hits 40.4% In October 2022 by TechW: 7:24pm On Nov 10, 2022

goslowgoslow:

So you mean for good eight years he did not complete any project. The best thing is to ignore people like you. If I dig deep now Ikpeazu might be your governor.

Ikpeazu is better than Tinubu. Tinubu only achievement is for his own pocket

Re: Ghana’s Inflation Hits 40.4% In October 2022 by Angelfrost(m): 7:24pm On Nov 10, 2022

ecolime:

They have flooded this thread.

Bad news from other countries makes them excited so they can use it to justify the incompetence of APC & their paymasters.

We should be comparing ourselves with great and thriving nations not Ghana, Venezuela,etc.

You guys should be ashamed of yourself.

Ignore the imbeciles... They are the set of people that make failures in power comfortable in their poor leadership!

That's why they can never amount to meaningful things in life... They are mentally lazy and prefer excuses over hard work and Innovation.

Re: Ghana’s Inflation Hits 40.4% In October 2022 by sparko1(m): 7:24pm On Nov 10, 2022

zazzi:
Nigeria's inflation is far far more than that.

I understand the need to be negative because you want OBI, but please be factual in your Negativity.

7 Likes 2 Shares

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