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Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg - Business (2) - Nairaland

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Nigeria’s External Reserves Hit Four Year High Of $38.2bn — Emefiele / Nigeria’s External Reserves Hit 3-year High At $33.112 Billion / Nigeria Inflation Soars To Almost Four-year High Of 12.8% (2) (3) (4)

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Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by tayork(m): 11:33am On Mar 16, 2016
I have lost all hope in this president seriously. let see the view of nairalanders . like if you lost hope and share if you still believe in him.

1 Like

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by waltrico: 11:34am On Mar 16, 2016
slap1:
APC - All Promises Cancelled:

*From one meal a day to NASCO biscuits

* From defeating Boko Haram in three months to (indirectly) empowering Fulani terrorists

* From $1=#1 to $1=#320

* From #5,000 to unemployed youths to charging #50 tax to unemployed youths

* From creating millions of jobs to sacking thousands of workers

* From diversifying the economy to planning oil exploration in the north east

* From fighting corruption to fighting the PDP
* From stabilizing global oil price to...you know nagrin
Etc
Sai Baba
Sai Change
Sai borrowing money to buy election form
Sai Abacha did not steal
Sai the stabilizer of world oil price
Sai hypocrite
Sai expatriate president
Sai missing budget
Sai budget cabals

The change you guys voted for don turn to CHAIN. This administration don chain the whole economy.
Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by amtaken(f): 11:34am On Mar 16, 2016
Is you a carpenter? (in Beyonce's voice),



You nailed it!


slap1:
APC - All Promises Cancelled:

*From one meal a day to NASCO biscuits

* From defeating Boko Haram in three months to (indirectly) empowering Fulani terrorists

* From $1=#1 to $1=#320

* From #5,000 to unemployed youths to charging #50 tax to unemployed youths

* From creating millions of jobs to sacking thousands of workers

* From diversifying the economy to planning oil exploration in the north east

* From fighting corruption to fighting the PDP
* From stabilizing global oil price to...you know nagrin
Etc
Sai Baba
Sai Change
Sai borrowing money to buy election form
Sai Abacha did not steal
Sai the stabilizer of world oil price
Sai hypocrite
Sai expatriate president
Sai missing budget
Sai budget cabals
Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by SeverusSnape(m): 11:36am On Mar 16, 2016
LordVarys the master of spies from the game of thrones is the OP.

2 Likes

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by Touchey: 11:36am On Mar 16, 2016
obynocute:
is it d fault of this present government...
No it's the fault of global warming

1 Like

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by Nobody: 11:37am On Mar 16, 2016
Bt Ngige said is only PDP and it's supporters dat are complaining of hardship.....the problems of nigeria are out of Bubu and his super minister's control, hence they have no solution watsoeva.

1 Like

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by ShitHead(m): 11:40am On Mar 16, 2016
GabrielYulaw:
shocked shocked shocked :otrillion Zimbabwean dollars for common loaf of bread kwa? hope na bread of life e be. its like u will need a bullion van to carry around so much cash nd buy bread. nd no dnt tell me cost of an iphone there

No be joke ooo...if you wan go buy bread, you go load money for trailer.
Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by anonimi: 11:40am On Mar 16, 2016
Kayendy:
D problem with dis inflation is dat salaries r not inflating as well.. pple earning 20000 wen indomies was #50 r still earning same now indomie has increased infact some r earning even less..

Well said.



www.nairaland.com/attachments/3473732_salary_jpegb17a7eccd26afd09fff05feea950ccff
Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by ItuExchange(m): 11:46am On Mar 16, 2016
I feel perplexed when costs of things go up and up and up and people have less and less and less money.

Neteller here: .com.ng

1 Like

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by 1shortblackboy: 11:58am On Mar 16, 2016
And if u point it out that this government has no plans to help d econmy, dem go say u be wailer. Well dem go soon come to beg to buy. Wailers form.

1 Like

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by chinedu1nig(m): 11:59am On Mar 16, 2016
Its not enough to state the rise in inflation without addressing the drive. Bloomberg & New York times can write as many crap as possible but the onus remains that we know the real cause of inflation in Nigeria... A basic factor to comprehend the wise and mumble jumble to fools (wouldn't waste my time analyzing to the fools).

Some folks have concluded on politicizing their future and i can only SMH for them. Nigeria is on the path to greatness we shall bear the brunt now and subsequently enjoy the light at the end of the tunnel. We will come out stronger and better God willing.

The only sustainable solution to problem is addressing the root cause and the root cause of whatever hard time we face now is as a result of dwindling price of crude and the inhumane situation our polithifians subjected us to but one good news to the cynics and rhetoric from international community is this; WE WILL BE POSITIVE, WE WILL COME OUT STRONGER AND WE WILL BE BETTER
Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by Obiwiz(m): 12:00pm On Mar 16, 2016
Lol. Bt u people were warned. D signs were evident. Bt slowpokes can never be discerning. Haha
Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by kelvinovie(m): 12:00pm On Mar 16, 2016
Buhari should be impeach before things get worst. To be honest, Nigerians started having good economy from Abacha government, right through the last administration. Immediately sai baba won the April election, the economy took a different path. just look at where the economy is today, you stop but wonder. what went wrong. Is it inexperience or the APC Government were not prepared to rule?
My quick fix to the Nigeria economy destructive path ,is to impeach impeach the buhari now.
Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by NgwaManNaija4LF(m): 12:01pm On Mar 16, 2016
I really supported mr president as a Nigerian in diaspora due to Mr Jonaweakling handling of boko boys thereby giving us green P holders a bad image,but I've beginning to think that it's time to start impeachment process in other to send a strong signal to mr president that it's not business as usual before he turn naira to zimbabwean dollar.

Fellow Nigerians, it is time!

TO

CHANGE.

1 Like

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by Brunel(m): 12:05pm On Mar 16, 2016
In summary, from Promise of Change to Change of Promise.

slap1:
APC - All Promises Cancelled:

*From one meal a day to NASCO biscuits

* From defeating Boko Haram in three months to (indirectly) empowering Fulani terrorists

* From $1=#1 to $1=#320

* From #5,000 to unemployed youths to charging #50 tax to unemployed youths

* From creating millions of jobs to sacking thousands of workers

* From diversifying the economy to planning oil exploration in the north east

* From fighting corruption to fighting the PDP
* From stabilizing global oil price to...you know nagrin
Etc
Sai Baba
Sai Change
Sai borrowing money to buy election form
Sai Abacha did not steal
Sai the stabilizer of world oil price
Sai hypocrite
Sai expatriate president
Sai missing budget
Sai budget cabals

3 Likes

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by Nobody: 12:07pm On Mar 16, 2016
Am grateful to you President Buhari. Please be rootless and have no mercy in the anti corruption fight,history and posterity will vindicate and be kind to you.Do not listen to ethnic and religion bigots, do not listen to the thieving and useless so called elites,do not listen to the secessionist that hate our dear country,do not listen to the corrupt and useless media houses,purge the Nigeria systems,you are our last hope, use this four golden years to discourage corruption and it tendencies,fund the anti corruption agencies,reform the justice systems, sack and jail the useless corrupt judges,reform the police and the entire security systems,reward good officers,re-introduce WAI,do not devalue Naira,rather introduced more policies that will tighten our borders,discourage importation and encourage local productions,it will be painful and tough, but that is the right things to do.Do not listen to the wicked and satanic politicians working hard to discredit you in other to be left alone with our treasury so that they can have it all for themselves,children and myopic supporters.
Remember, this fight against corruption is for the souls of our nation and for our children yet unborn.God bless you my president, God bless Nigeria.
Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by ChoCandyDiamond(f): 12:19pm On Mar 16, 2016
chinedu1nig:
Its not enough to state the rise in inflation without addressing the drive. Bloomberg & New York times can write as many crap as possible but the onus remains that we know the real cause of inflation in Nigeria... A basic factor to comprehend the wise and mumble jumble to fools (wouldn't waste my time analyzing to the fools).

Some folks have concluded on politicizing their future and i can only SMH for them. Nigeria is on the path to greatness we shall bear the brunt now and subsequently enjoy the light at the end of the tunnel. We will come out stronger and better God willing.

The only sustainable solution to problem is addressing the root cause and the root cause of whatever hard time we face now is as a result of dwindling price of crude and the inhumane situation our polithifians subjected us to but one good news to the cynics and rhetoric from international community is this; WE WILL BE POSITIVE, WE WILL COME OUT STRONGER AND WE WILL BE BETTER
Mr man go and put head for soak away, you cant even trust yourself, zombie

2 Likes

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by frisky2good(m): 12:20pm On Mar 16, 2016
I swear, ilu yi ti su mi. From the clueless one to the useless one.

3 Likes

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by Nwadiala: 12:26pm On Mar 16, 2016
After seeing fish, we choose scorpion. Truly this country is a zoo

2 Likes

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by Lucasbible: 12:39pm On Mar 16, 2016
Goddex:
[size=15pt]This is the worst Nigerian
government since I was born
[/size]
You, my friend, are a truth-teller. My generators are tired and are even crying now. Both living and non-living things in Nigeria have not witnessed such a useless piece of earth junk called Buhari since Eve betrayed Adam.

4 Likes

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by Curvinus(m): 12:46pm On Mar 16, 2016
Ten months into the Buhari's reign and the economy has remained as flat as a pancake while the dullard continues to fish for complements.

You gotta put your foot down do what you've been elected to do.

1 Like

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by Nobody: 12:47pm On Mar 16, 2016
Nnemuka:
Bloomberg must be PDP loyalists to come up with this article.
we love our change abeg.

sai baba
madam are u ok?is tins not even worst that wat is bin reported.has prizes of lil commodities not soar and skyrocketed pure the same way u bought it 10 months back.madam we all supported buhari but tins aren't working let's forget party and say the truth.

1 Like

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by 400billionman: 12:50pm On Mar 16, 2016
slap1:
APC - All Promises Cancelled:

*From one meal a day to NASCO biscuits

* From defeating Boko Haram in three months to (indirectly) empowering Fulani terrorists

* From $1=#1 to $1=#320

* From #5,000 to unemployed youths to charging #50 tax to unemployed youths

* From creating millions of jobs to sacking thousands of workers

* From diversifying the economy to planning oil exploration in the north east

* From fighting corruption to fighting the PDP
* From stabilizing global oil price to...you know nagrin
Etc
Sai Baba
Sai Change
Sai borrowing money to buy election form
Sai Abacha did not steal
Sai the stabilizer of world oil price
Sai hypocrite
Sai expatriate president
Sai missing budget
Sai budget cabals

God dey watch you..

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by ratiken(m): 12:53pm On Mar 16, 2016
Goddex:
[size=15pt]This is the worst Nigerian
government since I was born
[/size]

You are a very young man sir. You were not born as at 1983 when one Buhari took over power with the barrel of a gun. It was hell through his few months in power.

4 Likes 1 Share

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by drizzymadbet(m): 12:57pm On Mar 16, 2016
Bawsse:
I'm tempted to wail buh I still feel it can only get better..
The Senate chamber of the NA jus reallocated N10bn off d #BudgetOfYams to IDPs. I'm being considerate cos PMB, myt be a religious bigot but he may also mean well.

I'm nt a political prostitute, so Im giving PMB one year after this 2016 budget have passed to impress me..





Before u quote me, know that I also gave that ineffectual, 'some guy named Jonathan' his fair chance, he failed us..
PMB carry go
Naija go better!

Anyway I am happy that it is this same international media house that called Jonathan an ineffectual baboon that is still reeling out this Info on our economy else I know APC apologetics like you, hungerbad, ngeneukwenu and passingshot would have said that they where PDP sympathizers.

Whether you agree or not, Nigeria has been getting difficult for the average Nigerian. from scarcity of petroleum products to reduction of federal salaries allocation to Increase in taxes(nepa, bank taxes) a whole lot of damage is been done with the kangaroo economics we are playing.

When you request a consultant to give you a change on how a project is handled, you expect things to happen differently and correctly, Buh buhari and his gang of thieves have made everything worse:

-regularly scarcity of petroleum products (how on earth should I be buying petrol 150 per litre more especially. now government do not even spend any naira on subsidy instead they earn on every petrol consumed in Nigeria.

- Why on earth would buhari not pay salaries on time, I am a civil servant and during the past government salaries usually enter before 28 of every month Buh these days mehn if 10th of the next month never reach , guy no salaries for us.

-Things are on the high side, who ever gave them the idea of restriction of forex must really be worse than the ineffectual baboon cos he never knew that there is no way such an action wouldn't have ripple effects on the economy.

mess this country, we deserve the kind of leaders we have. How can buhari plan a Nigeria of the future when he's not going to be there ( in Chris Rocks voice)

1 Like

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by greatiyk4u(m): 12:57pm On Mar 16, 2016
slap1:
APC - All Promises Cancelled:

*From one meal a day to NASCO biscuits

* From defeating Boko Haram in three months to (indirectly) empowering Fulani terrorists

* From $1=#1 to $1=#320

* From #5,000 to unemployed youths to charging #50 tax to unemployed youths

* From creating millions of jobs to sacking thousands of workers

* From diversifying the economy to planning oil exploration in the north east

* From fighting corruption to fighting the PDP
* From stabilizing global oil price to...you know nagrin
Etc
Sai Baba
Sai Change
Sai borrowing money to buy election form
Sai Abacha did not steal
Sai the stabilizer of world oil price
Sai hypocrite
Sai expatriate president
Sai missing budget
Sai budget cabals


Cry cry baby
Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by 400billionman: 12:58pm On Mar 16, 2016
I only ask God
.
Give us this day, our daily bread..
Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by 400billionman: 1:04pm On Mar 16, 2016
Nwadiala:
After seeing fish, we choose scorpion. Truly this country is a zoo

Frying pan to FIRE..

But we said it.

Everything was wrong about him, AGE, ACADEMIC QUALIFICATION, HIS HISTORY(coupist) AND PUBLIC SPEECHES..

Nigerians don't learn.

1 Like 1 Share

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by drizzymadbet(m): 1:06pm On Mar 16, 2016
chinedu1nig:
Its not enough to state the rise in inflation without addressing the drive. Bloomberg & New York times can write as many crap as possible but the onus remains that we know the real cause of inflation in Nigeria... A basic factor to comprehend the wise and mumble jumble to fools (wouldn't waste my time analyzing to the fools).

Some folks have concluded on politicizing their future and i can only SMH for them. Nigeria is on the path to greatness we shall bear the brunt now and subsequently enjoy the light at the end of the tunnel. We will come out stronger and better God willing.

The only sustainable solution to problem is addressing the root cause and the root cause of whatever hard time we face now is as a result of dwindling price of crude and the inhumane situation our polithifians subjected us to but one good news to the cynics and rhetoric from international community is this; WE WILL BE POSITIVE, WE WILL COME OUT STRONGER AND WE WILL BE BETTER

My friend I wanted to cause you but I want to act civil and get your own view of things.
Yes I agree that we must have to endure in order to enjoy a better future. Now my question goes thus: what templates and modalities is the present government taking to ensure that in the next few years that things would be better. I want you to gimme a holistic approach which would involve all the sectors of the economy

1 Like

Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by HARDDON: 1:16pm On Mar 16, 2016
slap1:
APC - All Promises Cancelled:

*From one meal a day to NASCO biscuits

* From defeating Boko Haram in three months to (indirectly) empowering Fulani terrorists

* From $1=#1 to $1=#320

* From #5,000 to unemployed youths to charging #50 tax to unemployed youths

* From creating millions of jobs to sacking thousands of workers

* From diversifying the economy to planning oil exploration in the north east

* From fighting corruption to fighting the PDP
* From stabilizing global oil price to...you know nagrin
Etc
Sai Baba
Sai Change
Sai borrowing money to buy election form
Sai Abacha did not steal
Sai the stabilizer of world oil price
Sai hypocrite
Sai expatriate president
Sai missing budget
Sai budget cabals


let the 'Sai' sail on! his supporters are having double pains. they are not only hit by the economic hardship, they are also dying of regret from voting this change.

Yet We sail on.....Our finance is not determined by what happens in Nigeria , let the earth quake and the heavens fall, we will prosper
Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by Reference(m): 1:40pm On Mar 16, 2016
grandstar:
These restrictions have worked nowhere in the world. They are the height of economic illiteracy.

How long will the government continue to defy gravity?The naira will definutely hit 400 if this expansionary budget is passed.

The economy is finished

....hmmm, can just imagine. Just spoke to a chap in the Ministry of Works and its the delayed budget or lack of purchase that's holding the naira steady. By the time the Julius Berger's of this country hit the market??
Re: Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg by Reference(m): 1:51pm On Mar 16, 2016
chinedu1nig:
Its not enough to state the rise in inflation without addressing the drive. Bloomberg & New York times can write as many crap as possible but the onus remains that we know the real cause of inflation in Nigeria... A basic factor to comprehend the wise and mumble jumble to fools (wouldn't waste my time analyzing to the fools).

Some folks have concluded on politicizing their future and i can only SMH for them. Nigeria is on the path to greatness we shall bear the brunt now and subsequently enjoy the light at the end of the tunnel. We will come out stronger and better God willing.

The only sustainable solution to problem is addressing the root cause and the root cause of whatever hard time we face now is as a result of dwindling price of crude and the inhumane situation our polithifians subjected us to but one good news to the cynics and rhetoric from international community is this; WE WILL BE POSITIVE, WE WILL COME OUT STRONGER AND WE WILL BE BETTER

....if you do the right thing. Currency controls donot work anywhere whether you are an importer or exporter. The number one desire of humanity is liberty. And you must find progress in that. The moment you begin to put up walls and mine fields you set the timer to a losing game. This economic model has no benefit.

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