₦airaland Forum

What does it mean for our economy to be out of recession? Are food prices going to come down? Should we expect prices of goods and services to revert to what it was before APC Government? Is it all going to be talk about the inflation rate, GDP, Fitch rating and blablablah. I need to be educated since the information is from National Bureau of Statistics and not Lai Mohammed.

how this video take answer this question bros

It means Nigeria is no longer in that phase where economic activity was toxically slow. Factors of production are now facilitated actively thereby ensuring employment of resources.
The consumer price index and inflation will stay the same.

It means gari and kulikuli is now affordable for citizens like myself earning quarter of a dollar a day.

Sweetguy25:
It means Nigeria is no longer in that phase where economic activity was toxically slow. Factors of production are now facilitated actively thereby ensuring employment of resources.
The consumer price index and inflation will stay the same.

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In essence, with the facilitating of factors of production, will that ensure fair pricing or prices of goods and services crashing?

dabeto:
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In essence, with the facilitating of factors of production, will that ensure fair pricing or prices of goods and services crashing?

No it doesn't.

Then nothing to celebrate

It means you can now buy petrol for #143/litre.