Streetinvestor2: State thr prices last Yr against this yr.Everything thr is doing above 30% compared to this yr. For antibiotics if price is down it is not for the same brand . It is possible for lesser quality/brand.
GeneralDae: I know this is sarcasm but inflation rate reduction doesn’t mean prices are not rising but they are rising at a slower rate compared to last year. Give me 5 items (any item) that have risen very fast compared to last month if you can. This time last year, I am sure you could easily mention more than 10 of such items.
Are you talking about the fraudulent rebasing they did early this year or which one ?
They will be pushing the figures down gradually, but it does it reflect the reality on ground?
You know the truth.
Good thing is that the shege is going round, well except you are one of, or connected to the thieves in power.
GeneralDae: Inflation should even be less than 20% now. The reasons we still have it this high are due to stuff like rent/real estate prices which are up by more than 40% in places like Lagos compared to 2024 and then restaurants still have their items increasing with a rate of increase above 20% YOY. Basic food in the market and perishable goods (which are 44% of the total basket) from my view have only slightly increased since September 2024. Some have reduced, others stable. Fuel at this time last year was 865/900 and it’s around thesame price today. Inflation rate should be around 15% - 18% to end this year.
No o. It should be 1% . 15-18 percent is still too high.
Have you been to the market today? Items have reduced drastically.
Olaide1295: Can you tell us things you bought last year that the prices have increased by way more than 20%? I was looking at the numbers, the inflation rates numbers should actually be way less. Fuel has reduced Y-O-Y, cement, rice, even the currency/$.…none has increased in price Y-O-Y. Most reduced.
debating with you is a waste of time. You lots are irritatingly irredeemable.
You increase something by 1000% and then price drops by 0.1% and you start praising yourselves?
Go out and ask the people on the streets if you really want to know the truth, and not this rubbish propaganda you and your likes are spewing here.
This thread is an investment thread. Let’s die this talk. 😁😁
Just know that the reforms you lots talk about are inside your heads.
It benefits nobody other than the thieving elites.
crownprince2017: By 2026 all this talk of bad governance will end as the dividend of reform will reach the common man on the street, u said how?
Government policy of floating naira forced many company to look inward which gave birth to BIP by a lot of manufacturing companies, the pharmaceutical companies are now producing more locally and also trying to increase local production eg fidson.
Oil and gas reforms have increase gas production and evacuation of the oil and gas products, increase in crude oil and drastic reduction in theft. Cng is gradually coming onboard, with filling stations that now dispense CNG. I know of bovas cng plants.
The same reforms also inspired increased in exports and reduction in imports.
Recently, government is working on 16 universities to be invested in to global standards so that government will stop educational aids out of Nigerian universities. Hence no creation of new university by government in Nigeria for 7 years.
All these are working already, we just need to compound the results over time and the inflation will be tamed substantially.
I'm of the believed cardoso should not cut rate now until the results outlined above compound well enough. Once the results compound, cut rate you will be amazed how the narrative will change quickly.
This government are not doing everything right but they are doing majority right..
Just imagine how much will be saved in fx from the BIP by the manufacturing companies alone.
Paper analysis. We heard more of this during Buhari’s tenor.
There are no reforms anywhere.
While inflation is reducing on paper, market realities says otherwise.
All they do is propaganda and lies like you are pushing out here.
Anybody that believes this rubbish you posted or thinks that this government is doing anything to better the lot of the masses is on a long thing.
PigTormentor: You forget that some people are very good at investing their income. Also, there are mortgage facilities. The former Judge and former Governor could have invested their salaries into into investments that yielded good dividends.
The new tax law will not authorize any bank to deduct 20% or any percentage from monies tranferred to an account.
However, people with incomes of N5m and above in a month will be flagged to tax authorities for compliance check. Same applies with corporates with N100m and above within a month.
That is why Tinubu emphasized on tax IDs for collective tracking. It is well.
Govt need to be more concerned about the welfare and standard of living of its people by being very accountable. People are already suffering extremely.
Complince check abi ? So what’s with the 15% and income bracket they have been talking about?
seunmsg: Nigerians are not in any hot soup. Hardworking Nigerians will even pay less taxes. Those in hot soup are criminals who can’t explain the sources of their income.
So they won’t tax high income earners that make their money legitimately or can explain their source of income ?
Or you think it’s only fraudsters that make good money?
Hhh4444: Na sawdust full your head...Na state government want kpai people with tax abi,or na dem make price of fuel high,or na dem cause high exchange rate. Sometimes I wonder the kind understanding when Una get.
Better sawdust, indomie and dirty nylon na I’m full them head.
That’s why you’ll always open your mouth in shock when you read what they write here . 😁😁
A single mother cries out for help after sending her 13-year-old daughter to her baby daddy during the just concluded holiday. When she asked for her daughter to return and resume school, she was shockingly informed that the girl had fallen sick and later d!ed. Sadly, they had… pic.twitter.com/Des91T61xF
malali: Your Highness, with due respect, the subsidy was never the root problem. What brought us to this edge of bankruptcy was not merely the subsidy itself, but the decades of looting, misappropriation, and fiscal indiscipline that drained our commonwealth. The thieves of the subsidy system remain in power structures, and there are no guardrails today to prevent history from repeating. Mark my words: in less than a decade, Nigeria may again be forced into another people-hostile austerity measure just to stave off collapse. We are servicing a bloated government, multiplying the number of retired politicians who feel eternally entitled to public funds.
If subsidy thieves had been curtailed, Nigeria could have sustained fuel subsidy and still run essential state functions. What this nation has lacked is not money but good financial management and accountability. Three years since subsidy removal, we still lack: • A single functional world-class refinery, • Diversified revenue streams (agriculture, tourism, tech), • Fair wage adjustments for civil servants (Bauchi still pays ₦30k). So yes, it is fine to applaud the “fix,” but honesty requires we also name the real disease: Corruption, waste, and lack of visionary leadership. Without tackling that, every reform is a temporary bandage.
How come this post didn’t get more likes?
This is the truth and just the truth.
I guess it’s because people , especially the CORN eaters don’t like the truth.
All they know is what they are told in their WhatsApp group.