₦airaland Forum

Nigeria’s headline inflation rose to 34.60% in November 2024 reflecting a further surge in the costs of goods and services across the country.

This is according to the latest Consumer Price Index (CPI) data released by the Nigeria Bureau of Statistics (NBS).

This shows that the headline inflation rose by 0.72% from 33.88% in October.

https://nairametrics.com/2024/12/16/breaking-nigerias-inflation-rises-to-34-60-in-november-nbs/

NBS should stop telling lies

Nigeria's inflation is over 200%

Anyone in doubt can check the price of things last year December and this year across the sectors with the only possible exception being telecoms

Always up. When will Tinubu's "positive" policies bring it down?

Una never tire for lie lie..... ... Inflation wey don reach 95% as at Jan 2024

Tinubu said it was his turn to destroy Nigeria in 2023
We just didn't understand him then

Damn!!! 😮‍💨

Even the blind can see the rate of inflation in the country

They don’t know what they are doing

advanceDNA:
Una never tire for lie lie..... ... Inflation wey don reach 95% as at Jan 2024

Kukutente23:
NBS should stop telling lies

Nigeria's inflation is over 200%

Anyone in doubt can check the price of things last year December and this year across the sectors with the only possible exception being telecoms

The inflation is calculated using CPI and average price of goods in different calender months which increased by 0.72%.
It's better we know how to calculate these things so we don't just go ahead and start shouting 95% and 200%

It's unfortunate but we are being led by a bunch of clueless, dense men and women. It's as simple as that!!

Don't expect anything good or positive from this administration! They as clueless as an imbeci.le in a plane cockpit.

richmond500:
The inflation is calculated using CPI and average price of goods in subsequent which increased by 0.72%.
It's better we know how to calculate these things so we don't just go ahead and start shouting 95% and 100%

Under bridge fake economist, oya tell us the real inflation figure. 😂

SpiritMoney:
Under bridge fake economist, oya tell us the real inflation figure. 😂

inflation was taken by making statistical survey with template.
I don't have that luxury of time nor funds to do that so I can't give u figure.

U should should stick to ur online Biafra or death agitation. U are better represented as a public nuisance than being smart

richmond500:
The inflation is calculated using CPI and average price of goods in different calender months which increased by 0.72%.
It's better we know how to calculate these things so we don't just go ahead and start shouting 95% and 200%

From your own experience, what is price of stuffs you use this year compared to this same month last year
Use that to compute inflation as a percentage.
Don't bamboozle yourself with one high sounding CPI. It simply means consumer price index

Kukutente23:
From your own experience, what is price of stuffs you use this year compared to this same month last year
Use that to compute inflation as a percentage.
Don't bamboozle yourself with one high sounding CPI. It simply means consumer price index

read the post from the OP, understand it and then read my own reply to u.
I have no interest arguing about this bruh.

richmond500:
read the post from the OP, understand it and then read my own reply to u.
I have no interest arguing about this bruh.

I already read the post. I read your reply as well
You sounded misguided and overwhelmed which is why I called your attention to basic facts
If you have no interest in a subject, don't push yourself to quote people who know what they are saying

richmond500:
The inflation is calculated using CPI and average price of goods in different calender months which increased by 0.72%.
It's better we know how to calculate these things so we don't just go ahead and start shouting 95% and 200%

.....Una never tire?? Another defender of incompetence and lies and your garbage yardsticks and dirty false increase of goods and services in the Nigerian market....may the universe package punishment for yall

...thats how yall redefined an employed person to now mean anyone that has worked for at least one hour a week. ...all because you want to pull a smoke screen over govt's incompetence, lack of improvement, and lie that the govt has reduced unemployment rate....

What will u do next.??..redefine the naira by knocking off two zeros so you can claim the government has reduced exchange rate to 1dollar to 16 naira??

The country is in serious problems...but its okay to keep lying for our incompetent leaders and pulling convenient statistics to water down the situation.....wateva makes yall sleep well at night must be really worth it...

Kukutente23:
I already read the post. I read your reply as well
You sounded misguided and overwhelmed which is why I called your attention to basic facts
If you have no interest in a subject, don't push yourself to quote people who know what they are saying

the fact that u had to write CPI in full means u didn't know it in the first place but checked google and then had to make it look like u know.

It just like someone typing FGN in a discussion, those that knows about it won't say anything, it's those that have no idea what it means that will check Google and type it in full just to let u know they know it. There is no point typing it in full in the first place.
U don't know anything about inflation, that's why u wrote 200% when it was obvious inflation wasn't anywhere close to 200%.

advanceDNA:
.....Una never tire?? Another defender of incompetence and lies and your garbage yardsticks and dirty false increase of goods and services in the Nigerian market....may the universe package punishment for yall

...thats how yall redefined an employed person to now mean anyone that has worked for at least one hour a week. ...all because you want to pull a smoke screen over govt's incompetence, lack of improvement, and lie that the govt has reduced unemployment rate....

What will u do next.??..redefine the naira by knocking off two zeros so you can claim the government has reduced exchange rate to 1dollar to 16 naira??

The country is in serious problems...but its okay to keep lying for our incompetent leaders and pulling convenient statistics to water down the situation.....wateva makes yall sleep well at night must be really worth it...

who be this one?
Them don on hotspot for u again?

richmond500:
the fact that u had to write CPI in full means u didn't know it in the first place but checked google and then had to make it look like u know.

It just like someone typing FGN in a discussing, those that knows about it won't say anything, it's those that have no idea what it means that will check Google and type it in full just to let u know they know it. There is no point typing it in full in the first place.
U don't know anything about inflation, that's why u wrote 200% when it was obvious inflation wasn't anywhere close to 200%.

It obvious you are a very dull person, easy to deceive. Inflation is above 200%. Any other figure is just a lie like the government unemployment rate of 3%. I suggest you stick to playing with sand or watching cartoon films

nedu666:
It obvious you are a very dull person, easy to deceive. Inflation is above 200%. Any other figure is just a lie like the government unemployment rate of 3%. I suggest you stick to playing with sand or watching cartoon films

another mumu.
These are the reasons Obi receive advice from mad men, he couldn't find one sensible person from his supporters

richmond500:
the fact that u had to write CPI in full means u didn't know it in the first place but checked google and then had to make it look like u know.

It just like someone typing FGN in a discussion, those that knows about it won't say anything, it's those that have no idea what it means that will check Google and type it in full just to let u know they know it. There is no point typing it in full in the first place.
U don't know anything about inflation, that's why u wrote 200% when it was obvious inflation wasn't anywhere close to 200%.

Keep quiet
You mentioned CPI as if it's one higher order mathematics
It is simply ratio and percentage
That you make it look like it's calculus or some transforms shows you don't know anything about it

richmond500:
another mumu.
These are the reasons Obi receive advice from mad men, he couldn't find one sensible person from his supporters

Like I said drop your mother phone, wetin big pass you, big pass you.

Kukutente23:
Keep quiet
You mentioned CPI as if it's one higher order mathematics
It is simply ratio and percentage
That you make it look like it's calculus or some transforms shows you don't know anything about it

I never mentioned it like it's one high mathematics.
U make it look like it's one high mathematics, that's why u had to spell it in full.
I also quoted average but u didn't say anything about it cos it wasn't high for u

nedu666:
Like I said drop your mother phone, wetin big pass you, big pass you.

don't mistake me for ur father, I am not using another person's phone

richmond500:
inflation was taken by making statistical survey with template.
I don't have that luxury of time nor funds to do that so I can't give u figure.

U should should stick to ur online Biafra or death agitation. U are better represented as a public nuisance than being smart

As usual, this dull charlatan has nothing tangible to say.. Good at throwing up economic terms he read online..

These agbado urchins truly are cursed mongrels 😂 😂

SpiritMoney:
As usual, this dull charlatan has nothing tangible to say.. Good at throwing up economic terms her read online..

These agbado urchins truly are cursed mongrels 😂 😂

at least my principal don't take advice from mad men

richmond500:
at least my principal don't take advice from mad men

Go and sleep ogbeni.. you jokers should be hiding your faces in shame.

You are only good at making noise at Ojota. After stealing and grabbing power you are as clueless as my illiterate grandmother in a Lambo 😂

Bloody dunces! You have the solutions yet came in and in one fell swoop removed subsidy and floated the currency.. mistskes that even a 1st year economics student won't make. 🤦🏾‍♂️
Yet, dull supporters like you who were probably dropped on their heads as kids while their mothers were busy looking for unused veins in which to inject inferior street crack are busy defending... kai.. 🤦🏾‍♂️

You vote in a mentally incapacitated intellectual midget into power who has proven the rest of us right for not voting him and you have the balls to come and mention CPI here with those 2 half current powered brain cells in your head... 😂

Some of you agbado supporters need to he hung upside down and gradually skinned.. after that, sacrificed to Sango. 🤦🏾‍♂️

SpiritMoney:
Go and sleep ogbeni.. you jokers should be hiding your faces in shame.

You are only good at making noise at Ojota. After stealing and grabbing power you are as clueless as my illiterate grandmother in a Lambo 😂

Bloody dunces! You have the solutions yet came in and in one fell swoop removed subsidy and floated the currency.. mistskes that even a 1st year economics student won't make. 🤦🏾‍♂️
Yet, dull supporters like you who were probably dropped on their heads as kids while their mothers were busy looking for unused veins in which to inject inferior street crack are busy defending... kai.. 🤦🏾‍♂️

Jeez, reading ur comment is giving me migraine, try and add a rhythm to ur comment to make it clear, instead of interwinding points and end up sounding stupi.
Didnt u learn to write on a topic in secondary school? Abi u were taught by a mad man too

Gosh

The first graduate genius from the West. The best & most competent from the whole of the West.

Tinubu is the best the West has to offer. He is the best of the best

The man that tamed the Atlantic Ocean which made him the most educated & sophisticated genius from the West

Let's chant on the manhood we stand

richmond500:
Jeez, reading ur comment is giving me migraine, try and add a rhythm to ur comment to make it clear, instead of interwinding points and end up sounding stupi.
Didnt u learn to write on a topic in secondary school? Abi u were taught by a mad man too

Gosh

Masters in Paris in the mud! 😂

Deluded intellectual cretin! In 10 short years your master and his party have halved our GDP and taken us back to the trenches... you are here typing CPI and silly templates for us.

Honestly, some of you deserve to be littered all over our teaching hospitals struck down by CVAs. 🤦🏾‍♂️

SpiritMoney:
Masters in Paris in the mud! 😂

Deluded intellectual cretin! In 10 short years your master and his party have halved our GDP and taken us back to the trenches... you are here typing CPI and silly templates for us.

Honestly, some of you deserve to be littered all over our teaching hospitals struck down by CVAs. 🤦🏾‍♂️

Speaking of hospitals, the SE leaders were actually begging the FG to build psychiatric hospital in their region

richmond500:
I never mentioned it like it's one high mathematics.
U make it look like it's one high mathematics, that's why u had to spell it in full.
I also quoted average but u didn't say anything about it cos it wasn't high for u

You have still not convinced anyone here that you know what inflation is
If you did, you'll know 34% is a big fat lie
34% when it was at 28% as at may 2023 when Buhari left us akin to suggesting that prices have moved by only 6% on average since Tinubu took office.
Does that sound realistic to you?