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Very Serious Issue: The Naira And Inflation! - Business - Nairaland

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Nigeria Inflation Soars To Almost Four-year High Of 12.8% / Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg / The High Value Of The Naira In The Eighties (Picture Proof) (2) (3) (4)

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Very Serious Issue: The Naira And Inflation! by phenomenon(m): 11:32pm On Aug 14, 2007
Sup people! grin grin Have been wondering why prices of goods and commodities have still been rising by 5 Naira or its multiples since the reintroduction of the coins cry cry! Has anyone bought pure water for 7 Naira or anything for a strange amount like 152 Naira apart from fuel cry ? Why cant we prise something selling for 10 Naira to about 8 Naira angry? How do you think we can control inflation with the use of the lesser denominations of the Naira and how do you think this can be best implemented?
Re: Very Serious Issue: The Naira And Inflation! by phenomenon(m): 12:53am On Aug 15, 2007
Sup pple!  grin I really think the use of the coins shud be enforced using tax reforms. we need to prevent them from going extinct again! angry No one seems to care! cry
Re: Very Serious Issue: The Naira And Inflation! by phenomenon(m): 10:05am On Aug 16, 2007
cry
Re: Very Serious Issue: The Naira And Inflation! by phenomenon(m): 2:51pm On Aug 16, 2007
Any ideas?

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