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Vicotex's Posts

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Politics › Re: NDLEA Lied - Senator Lola Ashiru by Vicotex(m): 11:51pm On Oct 21, 2024
Narco senator keep quiet jor, lie kill you there
Politics › Re: Illicit Drugs Recovered From Senator Oyelola Ashiru's House - NDLEA by Vicotex(m): 7:52pm On Oct 21, 2024
Cocaine Circus, not surprised. Tpain is the Baron
Crime › Re: Man Dies During Fortification Ritual At Native Doctor’s Shrine In Enugu by Vicotex(m): 9:27am On Oct 21, 2024
He no believe the juju that's why e work
Food › Re: World Food Day: Walter-ekwubiri Gives Succor To Makoko Community. (video) by Vicotex(m): 9:00am On Oct 18, 2024
Where makoko dey?
Benue or Bayelsa?
Politics › Re: Hunger: Akpabio’s Joke On Free Food Sparks Anger by Vicotex(m): 11:55am On Oct 14, 2024
T-pain on the beat
Properties › Re: Two-Storey Building Collapses At Iganmu, Lagos by Vicotex(m): 11:52am On Oct 14, 2024
wahala for this kind hardship.
house rent don cost o, i hope those tenants survive.
na who dey alive dey worry about house rent
Politics › Re: Implementation Of E-call Up System On Lekki-Epe Corridor Begins September 23 by Vicotex(m): 1:34pm On Sep 17, 2024
Lol, make I mount here dey observe these lagosians
Sports › Re: Ronaldo Hits 1 Billion Followers Across Social Media (Photos) by Vicotex(m): 8:35pm On Sep 13, 2024
EreluRoz:
He should go and marry. Serial babydaddy oloko giveaway oshi
Give am your sister marry
Politics › Re: CBN: $6.96 Billion Current Account Surplus Coming In 12 Months by Vicotex(m): 8:38am On Sep 04, 2024
Ikaeniyan0:
This thread would have been in page 5 by now if this is a bad news about Nigeria economy
Tinubu no dey try , make we talk truth.
Nairaland General › Re: Woman Shocked As A Turkey Circles Grave Nonstop At Cemetery (photos) by Vicotex(m): 2:59pm On Aug 16, 2024
Things dey sup wey only that turkey 🦃 understand.
Politics › Re: Top 10 Most Expensive States To Live In Nigeria In July 2024 by Vicotex(op): 2:47pm On Aug 16, 2024
Country hard o
Politics › Top 10 Most Expensive States To Live In Nigeria In July 2024 by Vicotex(op): 2:45pm On Aug 16, 2024
The cost of living in Nigeria is high but stabilizing, with July 2024 Consumer Price Index (CPI) data showing a decrease in inflation rates across both all items and food.

The latest report from the National Bureau of Statistics (NBS) shows that Nigeria’s headline inflation rate decreased to 33.40% in July 2024, down from 34.19% in June 2024. This marked the first decline in the headline inflation rate since December 2022, when it last dropped to 21.34%.

Also, food inflation dropped to 39.53%, from 40.87% recorded in June 2024.
However, inflation continues to bite hard across Nigeria, with varying impacts on different states. July 2024 saw various inflationary experiences across Nigeria, with some states witnessing significant changes in both all-item and food inflation rates. Inflation in most of the states is driven by high food costs.

Jigawa has the biggest percentage increase in all-item inflation from June to July 2024, with an increase of 11.89% (from 36.42% in June to 40.76% in July), while Kogi has the biggest percentage increase in food inflation from June to July 2024, with an increase of 15.37% (from 40.14% in June to 46.31% in July).

Below is a list of the 10 most expensive states in Nigeria based on their all-item inflation rate for July 2024:

#10 Gombe

Gombe experienced a slight decrease in its all-item inflation rate from 35.55% in June 2024 to 35.48% in July 2024, a marginal decline of 0.20%. However, food inflation rose slightly from 43.39% in June to 43.72% in July, indicating an increase of 0.76%. This suggests that food is likely a major driver of overall inflation in Gombe.

#9 Lagos

From its 10th position in June 2024, Lagos State, Nigeria’s economic hub, took a step forward. The state saw its all-item inflation rate decrease from 36.37% in June 2024 to 35.50% in July 2024, a drop of 2.40%. Conversely, food inflation rose significantly from 39.75% in June to 43.03% in July, an increase of 8.25%. This indicates that food is a significant driver of overall inflation in Lagos.

#8 Osun

Maintaining the eighth position on the list, Osun State saw its all-item inflation rate decline from 36.58% in June 2024 to 35.54% in July 2024, a decrease of 2.84%. However, food inflation surged significantly from 40.39% in June to 44.57% in July, an increase of 10.34%. This substantial rise indicates that food is a major driver of overall inflation in Osun.

#7 Oyo

After being third on the list for three consecutive months, Oyo State experienced a notable decline in all-item inflation, falling from 39.14% in June 2024 to 35.61% in July 2024, a drop of 9.03%. At the same time, food inflation increased from 40.70% in June to 43.26% in July, a rise of 6.30%. This suggests that food is a key contributor to overall inflation in Oyo, even as the all-item rate decreases.

#6 Abia

Maintaining the sixth position on the list, Abia saw its all-item inflation rate decrease from 37.04% in June 2024 to 35.90% in July 2024, a reduction of 3.08%. Food inflation also rose from 43.23% in June to 44.01% in July, an increase of 1.80%. This indicates that food remains a significant driver of inflation in Abia.

#5 Sokoto

A newcomer to the list, Sokoto experienced an increase in all-item inflation from 34.65% in June 2024 to 35.93% in July 2024, rising by 3.69%. In contrast, food inflation decreased significantly from 46.25% in June to 41.70% in July, a drop of 9.85%. This suggests that other components are likely driving overall inflation in Sokoto, as food prices have started to stabilize.

#4 Kogi

Kogi used to be the most expensive state in Nigeria consecutively. However, it was unseated in May 2024, falling to the second position, where it was twice. It seems inflation is abating in this northcentral state.

Kogi State saw its all-item inflation rate decrease from 39.91% in June 2024 to 36.73% in July 2024, a drop of 8.69%. However, food inflation saw a sharp increase from 40.14% in June to 46.31% in July, an increase of 15.37%. This indicates that food is the primary driver of overall inflation in Kogi.

#3 Kebbi

Another newcomer to the list, Kebbi saw an increase in all-item inflation from 35.62% in June 2024 to 37.47% in July 2024, a rise of 5.19%. Interestingly, food inflation decreased from 40.13% in June to 38.50% in July, a drop of 4.07%. This suggests that other components are likely driving overall inflation in Kebbi.

#2 Jigawa


Leaving its ninth position on the previous month’s list, Jigawa stepped forward as the state experienced a significant increase in all-item inflation from 36.42% in June 2024 to 40.76% in July 2024, an increase of 11.89%. Meanwhile, food inflation decreased from 46.05% in June to 42.57% in July, a reduction of 7.56%. This indicates that other components are likely the major drivers of overall inflation in Jigawa.

#1 Bauchi

For the third time, Bauchi had the highest all-item inflation rate in July 2024 at 46.05%, up from 43.95% in June, representing an increase of 4.78%. However, food inflation decreased from 35.09% in June to 34.35% in July, a drop of 2.11%. This suggests that other components are driving the overall inflation in this state.
Source: https://nairametrics.com/2024/08/16/top-10-most-expensive-states-to-live-in-nigeria-in-july-2024/
Politics › Re: Protesters Attack APC Secretariat In Zamfara, Party Fumes by Vicotex(m): 10:34am On Aug 06, 2024
Wetin concern me and APC?

Make I use the opportunity take greet those God sent ladies.

To those ladies who always pretend to be totally asleep but when you start removing their pants, they will raise waist a bit to help you remove it nicely.... May God bless you financially
Politics › Re: Nigeria's Richest States ranked By GDP (See List) by Vicotex(op): 8:06pm On May 23, 2024
Putinofrussia:
We still topped the chart with Lagos.
Lagos is a natural blessing to the SW just like oil and gas is to the Niger Delta.
Next year's gdp will have SW states taking the first five slots.
Na Lagos you come from?
TV/Movies › Re: Movie Review & Rating: Water And Garri by Vicotex(m): 4:39pm On May 23, 2024
Yeye movie
Politics › Re: Nigeria's Richest States ranked By GDP (See List) by Vicotex(op): 4:37pm On May 23, 2024
Puss360:
Unfortunately this doesn't matter to the lives of the people living in the state...
If state controls their resources, and pays tax to the federal government, then I guess we will have new list of this kind....
Automatically e no matter cos sophisticated tribe no top the charts
Politics › Re: Surprised It Took Long For Biafra Consciousness To Resurface In Nigeria -Soyinka by Vicotex(m): 4:33pm On May 23, 2024
I hear say Ahoy drop one track for tinubu during his campaign
Politics › Re: Nigeria's Richest States ranked By GDP (See List) by Vicotex(op): 3:57pm On May 23, 2024
Lol 😂. GDP no be food o
Politics › Nigeria's Richest States ranked By GDP (See List) by Vicotex(op): 3:51pm On May 23, 2024
Nigeria, is one of the continent’s wealthiest nations, thanks to its abundant natural resources like coal, tin, and iron ore.

The richest states in Nigeria are the main drivers of this wealth, significantly contributing to sectors such as tourism, cultural heritage, education, and intellectualism.
These states, with their robust economies and developed infrastructure, play a crucial role in the nation’s economic prowess.
Their rankings are determined by major industries, contributions to the national GDP, and the abundance of natural resources.

1. Lagos State — GDP: ₦41.17 trillion
Lagos State, the commercial nerve centre of Nigeria, takes the crown as the wealthiest state by GDP. Lagos is a finance, commerce, and industry hub, home to Nigeria’s busiest seaports and airports. Its thriving entertainment and technology sectors further contribute to its economic dominance.

2. Rivers State — GDP: ₦7.96 trillion
Rivers State is known for its oil and gas industry. With significant oil reserves and robust industrial activity, including petrochemicals and manufacturing, Rivers State plays a pivotal role in Nigeria’s energy sector, contributing substantially to the nation’s GDP.

3. Akwa Ibom State — GDP: ₦7.77 trillion
Akwa Ibom State, another oil-rich region in Nigeria, has a flourishing petroleum industry. Besides oil extraction, the state benefits from agriculture, tourism, and a growing services sector. Its strategic location along the Atlantic coast enhances its economic potential, attracting investments and fostering development.

4. Imo State — GDP: ₦7.68 trillion
Imo State stands out for its diverse economy and thriving agriculture, commerce, and manufacturing sectors. The state’s strategic location, coupled with government initiatives to promote investment and entrepreneurship, has propelled its economic growth and contributed significantly to Nigeria’s GDP.

5. Delta State — GDP: ₦6.19 trillion
Delta State, another oil-producing region in the Niger Delta, the state has vast oil and gas reserves. The state’s economy revolves around oil exploration, refining, and related industries. Additionally, agriculture, trade, and services play crucial roles in driving Delta State’s economic prosperity.

6. Anambra State — GDP: ₦5.14 trillion
Anambra State is popularly known for its vibrant commercial activities and entrepreneurship culture. The state’s economy thrives on trade, manufacturing, and agriculture, with notable contributions from sectors like banking, real estate, and education.

7. Ondo State — GDP: ₦5.10 trillion
Ondo State, blessed with abundant natural resources, including bitumen and cocoa, has a diverse economy. Agriculture, mining, and manufacturing are key drivers of economic growth in the state. Ondo’s strategic investments in infrastructure and human capital development further bolster its economic resilience.

8. Ogun State — GDP: ₦5.03 trillion
Ogun State, situated in southwestern Nigeria, is an industrial hub with a robust manufacturing sector. The state’s proximity to Lagos, coupled with its favourable business environment and infrastructure, attracts investments across various industries, including agribusiness, construction, and logistics.

9. Bayelsa State — GDP: ₦4.63 trillion
Bayelsa State, primarily an oil-producing region, relies heavily on the petroleum industry for its economic sustenance. Despite its oil wealth, the state faces developmental challenges, including infrastructure deficits and environmental concerns. Efforts to diversify the economy through agriculture and tourism are underway to unlock Bayelsa’s full economic potential.

10. Niger State — GDP: ₦4.58 trillion
Niger State, located in north-central Nigeria, boasts a rich agricultural heritage, with vast arable land and mineral resources. Agriculture, mining, and hydroelectric power generation are key pillars of its economy. Government initiatives to enhance infrastructure and attract private investments are crucial for driving Niger State’s economic growth.
Source :
https://businessday.ng/news/article/top-10-richest-states-in-nigeria-ranked-by-gdp/

NYSC › Re: FG Set To Restructure, Reform NYSC by Vicotex(m): 9:34am On May 14, 2024
Make them increase their monthly allowance too, those corpers dey suffer join Hunger inside this harsh economy
NYSC › Re: FG Set To Restructure, Reform NYSC by Vicotex(m): 9:32am On May 14, 2024
Make dem reform am sharp sharp increase the money too
Crime › Re: Diezani: EFCC To Collaborate With UK Prosecutors In $2.5bn Fraud Case by Vicotex(m): 8:50am On May 14, 2024
This witch hunting don too much, make them allow this woman breath.
The one wey tinubu and his cartel don steal this past one year alone don pass loan wey Nigeria dey owe China. Not even talking about Buhari's tenure
Christianity Etc › Re: Prophet Odumeje As A Gospel Artist In 2001 (Video) by Vicotex(m): 8:44am On May 11, 2024
He don finally make am after 2 decades of steady grind
Christianity Etc › Re: Prophet Odumeje As A Gospel Artist In 2001 (Video) by Vicotex(m): 8:44am On May 11, 2024
E don tey the guy for the grind
Business › Re: What's The Meaning Of These Symbols On Naira Notes by Vicotex(m): 11:41pm On May 05, 2024
ak22:
Instead of you learn now after you go come write jamb and fail
mugu , when I graduate from higher institution you still dey write common entrance exam
Education › Re: 2024 UTME: Tsavkegh Ishughun Scored 356 In JAMB by Vicotex(m): 5:47pm On May 04, 2024
CyracksMrBlogger:
this is not a case of Mmesoma where you people were supporting her fake jamb scores. This one is real and had been verified. We don't support fake life ooo.
na you verify am bah
Education › Re: 2024 UTME: Tsavkegh Ishughun Scored 356 In JAMB by Vicotex(m): 8:23am On May 03, 2024
For some reasons, this photo of this student looks fake to me
Crime › Re: Ohanaeze Demands Action From South East Governors After Enugu Herders’ Attack by Vicotex(m): 7:22am On May 02, 2024
MNK Told you this several years ago but because of pure hate you guys didn't listen, now see what's happening
Fashion › Re: Helping The Poor These Days Is Very Dangerous by Vicotex(m): 10:21am On May 01, 2024
Na who get dey help o.
Me like this never eat since last night I no see who yo complain give..
If no be one thing I for don post my opay account make dem do me small thing for breakfast 😢
Crime › Re: Edo Housewife Hacked To Death By Father, Son While Separating A Fight by Vicotex(m): 6:26am On May 01, 2024
Dem don blow eye witness for eye 👁️
Politics › Re: FG To Repatriate 20,000 Nigerians From Chad, Cameroon In The Next 2 Months by Vicotex(m): 6:25am On May 01, 2024
God abeg o. Make dem leave them there, na so aboki go come flood the country again

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