chess guru:
This is where your argument should have been directed in the 1st place.
I honestly can't vouch for this figures, but saying dat the figures are false based solely on the rise in price of commodities is wrong, and that was my issue with you.
The spending power is the real issue and not the rise in price, and this I believe is the real challenge any govt in nigeria will face.

CyberG: How about the unemployment rate? Retardeen goodluck and his minions keep pulling statistics from out of their asses! Stinking fresh air!

1800bc: I hear o! Will salary increase or goods get cheaper? How does the common man benefit from these figures?

Omo_Tier1:

Does the bold not confirm the stupidity of some of you? If during Obasanjo's time cement was sold at N1900 and reforms where brought in to allow Dangote to produce cements bags in Nigeria at huge discount by the government at couple of years down the line you are still buying cement for N1650, does that not tell you the current government is a failure?

Some of you really need to use your brains rightly

samilo88: A typical Nigerian trader won't be quick to adjust his or her selling price to reflect the initial price in which the goods were once sold, even when he or she buys that same commodity at a much more lesser price now.

billante: If those dat are saying dat no job is being created knows d amount of new industries dat are spring up they will just shut up!

Wempco dat GEJ commission today is employing 5000 people and tens of these industries are everyday being established by private sector, motivated by good govt policies and backing

There are lots of jobs being created everyday as I typee but the unemployment percentage is so big that it seems like no new jobs are being created....but if real check is done it will baffel u dat thousands got employed just for today!

seanet01: Arranit Nonsense.
When a 50KG of Rice just jumped from N8500 to N12,000 and a Kongo of Garri now N200 all the way from N120.
Keep deceiving people

porka:

What's value of the discount?

Omo_Tier1:
You talk like a child slow in learn and lacking in understanding. Need I remind you of the report of thousands of Nigerians that applied for the few hundreds of government job vacancy recently

Burger01:

This is the handiwork of marketers and some Nigerians who would prefer to cash in on the gain of inflation drop as against the average Nigerians enjoying and benefiting from the progress of the country economically. Some Nigerian marketers and business people are just thieves and saboteurs in the making. Unless their is a regulatory body in place to check such sharp economy practises amongst Nigerian markers Nigerians would never feel the impact of inflation drop. No wonder people keep saying prices of commodities would never come down in Naija. A sachet of 'pure water' was once sold at 10 naira and now some sell for 5naira and most bad eggs sell for 10 naira. Now, who is to be blamed?

Burger01:

This is the handiwork of marketers and some Nigerians who would prefer to cash in on the gain of inflation drop as against the average Nigerians enjoying and benefiting from the progress of the country economically. Some Nigerian marketers and business people are just thieves and saboteurs in the making. Unless their is a regulatory body in place to check such sharp economy practises amongst Nigerian markers Nigerians would never feel the impact of inflation drop. No wonder people keep saying prices of commodities would never come down in Naija. A sachet of 'pure water' was once sold at 10 naira and now some sell for 5naira and most bad eggs sell for 10 naira. Now, who is to be blamed?

billante:

Are u so daft u can't comprehend wat I said!?

When 40 million people need jobs and 5 million jobs are created.... Will u say no jobs were created just because 100,000 people showed up for a 2000 job vacancies!?

billante:

Are u so daft u can't comprehend wat I said!?

When 40 million people need jobs and 5 million jobs are created.... Will u say no jobs were created just because 100,000 people showed up for a 2000 job vacancies!?

Policewoman: I went to market to buy garri the other day andmthe price seemed to remain constant. However all these grammar will make no meaning if the power sector remains in limbo. NEPA just dey FVCK up nowadays,

Omo_Tier1:
Your stupidity is alarming! If jobs are being created like you claim, why on earth will you have millions running after the hundreds of jobs advertised by a government agency?

The reality on ground is companies are not hiring and no new jobs are being created because the government's policies have been "Share the oil money" among the rich and not embarking on grand scale economic reforms and transparency.

ypzilanti: On a serious note sha. Any serious student of economics knows that there is an inverse relationship between unemployment and inflation. Given CBNs harsh monetary policies that discourage lending, it is not surprising that inflation is down and unemployment UP.

tomakint:
Why are a you an unrepentant ruminant? Even when the facts are painted in white you must have something negative to say no matter how stupiid and ridiculous it sounds, may God continue to sharpen your memory (Amen)!

Omo_Tier1:

@ bold... if government is not to be blamed... why do we have a government? Is the government not suppose to be the regulator by ensuring policies and institutions that checkmate activities like these are put in place and work effectively?

I give you an example, in Edo State, in 2010, pure water was increased in some towns unilaterally by the baggage companies and the government took a decisive action and asked those companies to stop the exploitation. Very quickly, the governor, Adams Oshiomhole moved in with government machinery, and within few weeks the baggage companies reversed their prices to the old price.

Chilug:
Which part of nigeria are u in? Or u don't eat staple foods to have seen the speed at which those priceS skyrocket. Let's be frank to our selves my friend. Sentiment apart.

thelastPope:

His post is a lie. There is no such rise in price. He is just a gloom and doom monger trying to promote his ACN sponsors with every post

Obiagelli:
Guy did you hear buhari will contest in 2015, your days are numbered

tomakint:
You are indeed a human-demon and pathological LIAR as usual, a bag of rice hovers between N8,500 to N9,200 while a kongo of Garri still goes for N120 and even N100 in some places, you only need 'two Giant HORNS and a long TAIL' to complete your demonic nature online

Omo_Tier1: When will we stop deceiving ourselves and be honest for once as a nation? Who are they fooling with these data? The prices of goods have good up astronomically and the earning powers of vast majority of Nigerians have not seen proportional increase yet someone expect us to believe these data?

Is it the case that our education as a people amounts to nothing

samilo88: That the effect of these claims aren't felt immediately on the price of common commodities boils down to the greediness of most sellers. A typical Nigerian trader won't be quick to adjust his or her selling price to reflect the initial price in which the goods were once sold, even when he or she buys that same commodity at a much more lesser price now. No wonder the saying that whatever goes up never comes down as mostly propagated by these traders. I think we ourselves are the one throwing wrenches into the gear wheels of our nation's progress. Until we start being sincere, we would only be seeing these figures on papers, the effect would be far from being felt.