₦airaland Forum

THE ECONOMY IS LOOKING GREEN — AFTER ONE YEAR!

YoY Headline Inflation rate — 🟢DOWN [From 34.80% to 16.05%]

YoY Food inflation rate — 🟢DOWN [From 39.84% to 13.12%]

YoY Real GDP Growth rate — 🟢UP [From 3.86% to 3.98%]

Exchange rate ($1=) — 🟢DOWN [From ₦1,661.12 to ₦1,445.39]

Foreign Reserves — 🟢UP [From $40.22 billion to $44.67 billion]

Inflation — Oct | GDP — Q3 | Fx — 02 Dec | Foreign Reserves — 28 Nov

#Statisense
(NBS/CBN)

Source

Credit goes to President Tinubu and his team for standing firm and not bending to pressure by people who would rather pacify Nigerians with lies and nothing else.
Inflation continues to reduce, the economy is growing stronger.
The same seriousness given to the economy should now be shown to insecurity.
We trust Asiwaju to do it and much more.

Stop looking for achievements where the is none.

For inflation rates, they were basically just rebased.

Throwing raw statistics at us without characterization only gives a spurious picture of economic improvement.

You have hidden the fact that those good indices are propelled by the REBASEMENT done by the NBS this year.

For real figures, experts like Rewane and Uwaleke have adduced adding 10 to the figures you copiously referenced.

However, the monetary policy team headed by Cardoso is doing a yeoman's job at reining in headline inflation and setting the nation on the path to economic recovery and currency stability.

The fiscal side seems to be the clog in the wheel of progress as the continuous unrestrained borrowing spree of this government tend to erode the gains of the monetary policies.

Please add this green also.

Thunder go fire una one day

Didn’t I tell you guys last year that this government will take credit for reduced inflation due to extreme hardship and low purchasing power of Nigerians?

givedemwotowoto:
When economic activity slows down, inflation naturally will drop. It happened in the US towards the end of Trump’s presidency due to slow economic activity resulting from Covid.

With the high cost of living and extreme hardship in Nigeria, economic activity is beginning to slow down.

Inflation is expected to drop, and we all know that this government will use it as propaganda to try to create the impression that their policies are working

Notice the recent drop in import export? Traders are slowing down imports because retailers are struggling to restock and demand is dropping from consumers, but this government is already using this concerning trend for propaganda

Bunch of propagandists!

Arda1000:
Please add this green also.

Thunder go fire una one day

Moment of silence for the departed.

Looking green indeed

Arda1000:
Please add this green also.

Thunder go fire una one day

Like e done already fire u abi?

Everything na kunle Afolayan movie to ronu Agbado believers because they don’t know that Achievements and progress comes from hardwork and it’s real and not a movie…saw another video the terrorists released today on there tiktok channel where they were spraying their mothers with millions of naira and guns hung over their shoulders….smh…I never believed any leader in Africa would be worse than Buhari until tinubu came and proved everyone wrong as the worst in the history of Africa and running an illegitimate government on top of that

Burob:
Like e done already fire u abi?

I don’t defend rubbish

Melezenawii:
THE ECONOMY IS LOOKING GREEN — AFTER ONE YEAR!

YoY Headline Inflation rate — 🟢DOWN [From 34.80% to 16.05%]

YoY Food inflation rate — 🟢DOWN [From 39.84% to 13.12%]

YoY Real GDP Growth rate — 🟢UP [From 3.86% to 3.98%]

Exchange rate ($1=) — 🟢DOWN [From ₦1,661.12 to ₦1,445.39]

Foreign Reserves — 🟢UP [From $40.22 billion to $44.67 billion]

Inflation — Oct | GDP — Q3 | Fx — 02 Dec | Foreign Reserves — 28 Nov

https://x.com/StatiSense/status/1995938694910410963

Lmaooo you change the metrics to measure inflation then say you improved it

Una no get school that side?

Arda1000:
I don’t defend rubbish

How u wan defend thunder? Your juju no reach.

Burob:
How u wan defend thunder? Your juju no reach.

no worry eh go reach u,keep defending evil

Arda1000:
no worry eh go reach u, keep defending evil

Guy how can I keep defending u?

monkautos:
Stop looking for achievements where the is none.

For inflation rates, they were basically just rebased.

Who is this? Have you taken malt and gala recently?

On paper. No impact feeling at all.

We thank God for the hope turning to reality

No be only Green na Green house

Dem try small. They should also make insecurity Green 💚

The only time statisense has made sense.

matify83:
Throwing raw statistics at us without characterization only gives a spurious picture of economic improvement.

You have hidden the fact that those good indices are propelled by the REBASEMENT done by the NBS this year.

For real figures, experts like Rewane and Uwaleke have adduced adding 10 to the figures you copiously referenced.

However, the monetary policy team headed by Cardoso is doing a yeoman's job at reining in headline inflation and setting the nation on the path to economic recovery and currency stability.

The fiscal side seems to be the clog in the wheel of progress as the continuous unrestrained borrowing spree of this government tend to erode the gains of the monetary policies.

A fair assessment. The man, Cardoso, deserves his flowers. He is doing a wonderful job.

princeade86:
On paper. No impact feeling at all.

Na statistics you mus chop

Exchange rate from 1600 to 1400...

This is something he picked from less than 1000k when he assumed office o!

Just like they told us that our future looks bright with GLITCHES ELECTION RESULTS.



This joke is getting out of hand.



🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Tinubu Only Achievement So Far , Is Withdrawing All Police Officer Attached to VIPs And Appointment of General Christopher Musa As Minister Of Defence, The Rest is Zero

Source: CBN?

I'd rather trust statistics from Hamas terrroist in gaza.

Congratulations to those who made this happen

A better Nigeria is what we want

we no get another country

Price of food really dropped but restaurant owners still dey sell old price

dem need to be patriotic

Na statistics we go chop?

Now they are banding incongruent statistics up and down. Everything under this government is all lies and propaganda. No evidence of coming to term with reality

Very commendable; the Presidents team are stabilizing the economy. Security is the main challenge

Tinubu wey don reduce your 1 million naira value to less than 500,000 naira.

Tinubu gradually taking us to where Buhari stopped. Because all those index is close to how he met it