Nigeria’s Food Inflation Drops To Single Digit Of 8.89%, Lowest In Over 14 Years - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › Nigeria’s Food Inflation Drops To Single Digit Of 8.89%, Lowest In Over 14 Years (238 Views)
| Nigeria’s Food Inflation Drops To Single Digit Of 8.89%, Lowest In Over 14 Years by Vixlot(op): 6:25pm On Feb 16 |
Nigeria’s food inflation drops to single digit of 8.89%, lowest in over 14 years https://x.com/Nairametrics/status/2023426891034546642 |
| Re: Nigeria’s Food Inflation Drops To Single Digit Of 8.89%, Lowest In Over 14 Years by budaatum: 6:29pm On Feb 16 |
This would hopefully spread around the nation. Despite the national slowdown, state-level data show wide variations. On a year-on-year basis in January 2026, Kogi recorded the highest food inflation at 19.84%, followed by Benue at 18.38% and Adamawa at 17.29%. |
| Re: Nigeria’s Food Inflation Drops To Single Digit Of 8.89%, Lowest In Over 14 Years by Karlovich: 6:31pm On Feb 16 |
Propaganda from the pit of hell, yet Helinus and Yarrimo are still hungry.Meanwhile where is Manabbqgrill? |
| Re: Nigeria’s Food Inflation Drops To Single Digit Of 8.89%, Lowest In Over 14 Years by givedemwotowoto: 6:32pm On Feb 16*. Modified: 6:51pm On Feb 16 |
Let me explain this propaganda with a simple Math: Let’s say 1 Tin tomato sells for N1,000 this month Feb, the next month March it sells for N1,100. The food inflation is 10% between Feb and March. April it sells for N1,150. Between March and April, the food inflation is now 5%. We can say that the food inflation between Feb and April dropped by 5%. This doesn’t mean the price of Tin Tomato dropped, it is still rising, but the rate at which it is rising reduced. Why is this explanation important? Because before this evil government came to power, the month to month food inflation wasn’t jumping to outrageous numbers, so there’s no way it will reduce by that much percentage. This evil Agbadorian government as usual is trying to use a bad thing to confuse people that it is working, but they’re only deceiving themselves |
| Re: Nigeria’s Food Inflation Drops To Single Digit Of 8.89%, Lowest In Over 14 Years by helinues: 6:33pm On Feb 16 |
Slow, steady with consistency Imagine that this development news that supposed to elevate every Nigerians but some people would still be sad about it. Unfortunately |
| Re: Nigeria’s Food Inflation Drops To Single Digit Of 8.89%, Lowest In Over 14 Years by Sugarboyy(m): 7:06pm On Feb 16 |
givedemwotowoto:You be olodo, how does 1100 to 1150 means inflation dropped by 5%? It means it increased by 5% according to your analyst. But in this case, let's assume it was 1000, it has reduced to 950... That's when it reduced by 5% |
| Re: Nigeria’s Food Inflation Drops To Single Digit Of 8.89%, Lowest In Over 14 Years by Osgilliat(m): 7:12pm On Feb 16 |
givedemwotowoto:You go explain tire. |
| Re: Nigeria’s Food Inflation Drops To Single Digit Of 8.89%, Lowest In Over 14 Years by nedu666: 9:24pm On Feb 16 |
If it's the lowest in 14 years, then food prices should be less than Jonathan era or the same as Jonathan era. Since its not, then this is paper statistics |
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Propaganda from the pit of hell, yet Helinus and Yarrimo are still hungry.