Nigeria’s Inflation Rate Jumps To 33.2% In March 2024

Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS (8708 Views)

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Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Adolfnigeria: 1:34pm On Apr 15, 2024

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, 2024

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, 2024

Penguin2:
Tor!

“He built Lagos.”

“He tamed the Atlantic.”

Now, the urine dispenser can’t tame inflation nearly one year after.

National Grid has collapsed 6 times this year alone. He can’t tame that too.

Tinubu and his gang of criminals are hollow and will offer nothing to Nigeria.

calm down

Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Paraman: 1:45pm On Apr 15, 2024

excanny:
Dey play

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, 2024

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, 2024

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.

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Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Ezmans: 1:50pm On Apr 15, 2024

Paraman:
Inflation will start falling from May.

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, 2024

nairalanda1:
Tor.

At the end, even then, oil no dey enough. Even at the 4 million barrels per day apc is planning to reach

It's well

Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by TableLeg(m): 1:58pm On Apr 15, 2024

Efeeeku... Renewed shege banza!

Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by YourMrBoo: 1:59pm On Apr 15, 2024

Jestin:
Dollars rate is decreasing but prices of commodities keep soaring. Dollars should go back to the original exchange rate

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, 2024

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, 2024

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, 2024

illuminutty:
And the propaganda government keeps saying Naira is appreciating

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, 2024

lost24:
the economy will pick soon. I believe nigeria will be great again

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, 2024

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, 2024

ganisucks:
😁😆😅🤣😂

lmao

Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by DMerciful(m): 2:42pm On Apr 15, 2024

Master strategist with no strategy

Paraman:
Inflation will start falling from May.

Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by OChimex: 2:43pm On Apr 15, 2024

Paraman:
Inflation will start falling from May.

Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Skyehigher1: 2:48pm On Apr 15, 2024

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, 2024

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, 2024

[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, 2024

Skyehigher1:
April inflation will come out next month and is going to be lower than this maybe lower to 28 to 29 percent

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.

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Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Splashme: 3:42pm On Apr 15, 2024

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, 2024

Dollar is dropping

Inflation is increasing

Cost of basic necessities is still increasing

I dont understand angry

Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by melodyogonna(m): 4:46pm On Apr 15, 2024

The hell?

Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by grandstar(m): 4:47pm On Apr 15, 2024*

Penguin2:
Tor!

“He built Lagos.”

“He tamed the Atlantic.”

Now, the urine dispenser can’t tame inflation nearly one year after.

National Grid has collapsed 6 times this year alone. He can’t tame that too.

Tinubu and his gang of criminals are hollow and will offer nothing to Nigeria.

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.

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Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by Truvelisback(m): 4:51pm On Apr 15, 2024

Naira dey appreciate while inflation dey Buga. I no understand.

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Re: Nigeria’s Inflation Rate Jumps To 33.2% In March 2024 – NBS by lexy2014: 5:05pm On Apr 15, 2024

Paraman:
Inflation will start falling from May.

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, 2024

Tochi360:
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.

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, 2024

nnewsnjobs:
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.

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, 2024

grandstar:
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, believing he did not have long to live.

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, 2024

CodeTemplar:
sincr you know him privately, tell him to improve the system.

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?

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