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BREAKING: Inflation rate hits 12.2% — highest in 21 months - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsBREAKING: Inflation rate hits 12.2% — highest in 21 months (330 Views)

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BREAKING: Inflation rate hits 12.2% — highest in 21 months by Kwanza(op): 9:24am On Mar 17, 2020
The consumer price index, which measures inflation, hit a 21-month high in February.

According to the CPI/Inflation report released by the National Bureau of Statistics on Tuesday, inflation increased to 12.20% in February, an increase of 0.07 percentage points from the 12.13% recorded in January.
https://www.thecable.ng/breaking-inflation-hits-12-2-highest-in-21-months
Mynd44
Lalasticlala
Re: BREAKING: Inflation rate hits 12.2% — highest in 21 months by Yenefer(f): 9:26am On Mar 17, 2020
that is a bad thing right?
Re: BREAKING: Inflation rate hits 12.2% — highest in 21 months by ursullalinda(f): 9:29am On Mar 17, 2020
When you have an incompetent person incharge of the affairs of the country ......what do you expect.......for those that were shouting he should rule us NEPA certificate now we have seen the result.......Good one i guess.
Re: BREAKING: Inflation rate hits 12.2% — highest in 21 months by Davash222(m): 9:29am On Mar 17, 2020
Yenefer:
that is a bad thing right?
No, it’s a good thing compare to what’s coming. Let’s celebrate.
Re: BREAKING: Inflation rate hits 12.2% — highest in 21 months by Officialgarri:
No country is perfect. Every country suffers inflation. Every country!!!

And especially with the dollar hike, it's bound to happen

ursullalinda:
When you have an incompetent person incharge of the affairs of the country ......what do you expect.......for those that were shouting he should rule us NEPA certificate now we have seen the result.......Good one i guess.
Your hero that had all the certificates, how far did he lead you?
Re: BREAKING: Inflation rate hits 12.2% — highest in 21 months by sapientia(m): 9:42am On Mar 17, 2020
APC #NextLevel ongoing.
Re: BREAKING: Inflation rate hits 12.2% — highest in 21 months by Nobody: 9:51am On Mar 17, 2020
So we are back to double digit inflation?....
Re: BREAKING: Inflation rate hits 12.2% — highest in 21 months by Nobody: 9:58am On Mar 17, 2020
GEJ and Patience Jonathan really dealt with this country.

Dasuki stole billions.

Diezani looted her own too.

Even Stella Oduah.

Now see the headache they giving our Daddy Buhari, a world class economist, in managing the economy.

How far zombies, shey I get am?

Fools.
Re: BREAKING: Inflation rate hits 12.2% — highest in 21 months by Ehiscotch(m): 10:00am On Mar 17, 2020
Inflation increase was bound to happen when our oil ships are sitting idle and there drastic reduction in oil prices.

I just pray God sees us through this and grants our leaders the wisdom to create palliatives to cushion the effects.

Damn you covid-19.
Re: BREAKING: Inflation rate hits 12.2% — highest in 21 months by imiski(m): 10:02am On Mar 17, 2020
See how zombies would avoid this thread like corona-virus.
Re: BREAKING: Inflation rate hits 12.2% — highest in 21 months by Ehiscotch(m): 10:07am On Mar 17, 2020
Awol1:
GEJ and Patience Jonathan really dealt with this country.

Dasuki stole billions.

Diezani looted her own too.

Even Stella Oduah.

Now see the headache they giving our Daddy Buhari, a world class economist, in managing the economy.

How far zombies, shey I get am?

Fools.
No, you didn't. A little research would have given a little light to the dark depth of ignorance you have sunk in.

Every country is feeling the economic shock brought about by covid-19 and it would take a miracle for us not to fall into recession. This is not as a result of mismanagement of resources; it is basically a shortfall in revenue, which ultimately degenerates to a drop in purchasing power of the currency.
Re: BREAKING: Inflation rate hits 12.2% — highest in 21 months by junketer(m): 10:47am On Mar 17, 2020
Ehiscotch:
No, you didn't. A little research would have given a little light to the dark depth of ignorance you have sunk in.

Every country is feeling the economic shock brought about by covid-19 and it would take a miracle for us not to fall into recession. This is not as a result of mismanagement of resources; it is basically a shortfall in revenue, which ultimately degenerates to a drop in purchasing power of the currency.
now they blame corona virus. They have blamed gej, blamed dasuki, blamed oil price, blame the weather, blamed nigerians and even blamed God. Now it's covid 19. Next is for them to blame satan. Everybody is to blame except people that are actually in power. And the most anoying part is that there are people like you to defend them. It's sad.
Re: BREAKING: Inflation rate hits 12.2% — highest in 21 months by Omenaalanka: 11:06am On Mar 17, 2020
[s]
Officialgarri:
No country is perfect. Every country suffers inflation. Every country!!!

And especially with the dollar hike, it's bound to happen

Your hero that had all the certificates, how far did he lead you?
[/s]
Re: BREAKING: Inflation rate hits 12.2% — highest in 21 months by Herdsmen: 11:19am On Mar 17, 2020
Ehiscotch:
No, you didn't. A little research would have given a little light to the dark depth of ignorance you have sunk in.

Every country is feeling the economic shock brought about by covid-19 and it would take a miracle for us not to fall into recession. This is not as a result of mismanagement of resources; it is basically a shortfall in revenue, which ultimately degenerates to a drop in purchasing power of the currency.
Are you the government spokesperson

Who said every country
So covid is the excuse for inflation..
So why has Nigeria government been doing all this while before covid.. or you saying our economy is that porus that anything that heat our economy will affect Nigerians

So why then did we elect the president?

Una ba?

Always feeling funky
1 Reply

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