₦airaland Forum

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!

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.

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


Source

thisweekng:
The Minister of Finance and Coordinating Minister of the Economy Chief Olawale Edun has said the last time Nigeria’s economy looked stable was about a decade ago.

He made this statement during his maiden press conference as Minister of Finance where he outlined President Bola Tinubu’s vision, agenda and strategy for the economy.

He said, “I think as we all know, we are not where we should be. The economy is barely growing above the rate of population growth.

“But it was not always so, and I think in trying to look at the way forward, if we now have a situation of slow growth, double-digit inflation, weak/depreciating exchange rate, as well as security concerns that are resulting in an economy that is not growing and not taking Nigerians out of poverty.

“If we think back to the last time when the economy was stable- when it was growing, when inflation was low, and the interest rate was affordable, that period was about a decade ago. Growth was about 6% in 2013 and 2014.”
Private sector to drive the economy

https://nairametrics.com/2023/09/01/the-last-time-nigerias-economy-was-stable-was-about-a-decade-ago-wale-edun/

aariwa:
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

Arda1000:
Please add this green also.

Thunder go fire una one day

ElSudani:
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.

monkautos:
Stop looking for achievements where the is none.

For inflation rates, they were basically just rebased.

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



[url=https://x.com/StatiSense/status/1995938694.,,,?,... 910410963]Source[/url]

aariwa:
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

MEGAWATCH:
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.



🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

ElSudani:
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.

monkautos:
Stop looking for achievements where the is none.

For inflation rates, they were basically just rebased.

Arda1000:
Please add this green also.

Thunder go fire una one day

Bwilliam:
Exchange rate was $1- 150 Naira, before Arewa people's congress APC took over.

Bwilliam:
Exchange rate was $1- 150 Naira, before Arewa people's congress APC took over.

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



Source

Arda1000:
Please add this green also.

Thunder go fire una one day

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



Source

monkautos:
Stop looking for achievements where the is none.

For inflation rates, they were basically just rebased.