Nigeria’s inflation rate for January 2024 rose to 29.90% from 28.92% recorded in the previous month according to the latest National Bureau of Statistics (NBS) inflation report.

The increase shows that the inflation rate in the country is yet to slow down. 

The NBS report notes:

“In January 2024, the headline inflation rate increased to 29.90% relative to the December 2023 headline inflation rate which was 28.92%. Looking at the movement, the January 2024 headline inflation rate showed an increase of 0.98% points when compared to the December 2023 headline inflation rate. Similarly, on a year-on-year basis, the headline inflation rate was 8.08% points higher compared to the rate recorded in January 2023, which was 21.82%.”

“This shows that the headline inflation rate (year-on-year basis) increased in January 2024 when compared to the same month in the preceding year (i.e., January 2023). Furthermore, on a month-on-month basis, the headline inflation rate in January 2024 was 2.64%, which was 0.35% higher than the rate recorded in December 2023 (2.29%).
“This means that in January 2024, the rate of increase in the average price level is more than the rate of increase in the average price level in December 2023.”

https://nairametrics.com/2024/02/15/nigerias-inflation-hits-29-90-in-january-2024/

The Emilokan cocaine sniffer is a complete failure

A sad tale for Nigerians at the moment, but let's watch and pray it becomes better!

Shege After Shege yea (x2)

After shege after shege yeaa


Any upcoming artist in the house.?..u fit use this my free demo take break into lime light

I don't really blame Tinubu ooo

COMRADES Nigeria is doomladen in the hands of tinubu, Nigerians go see shege I swear

Watching

But l thought......................................................

U removed fuel subsidy and fuel price rose by 200% so I don't know what you guys are expecting

Still low.

After all these they will say our GDP grew by 4.5% and you keep wondering how did it happen

THIS TOO, SHALL PASS.

Like ebola, covid-19, the height of boko haram, Niger-Delta militancy, 2016 economic recession, This hardship will come to an end one day.

Meanwhile,
Please learn to pray especially for this country.

Luke.18.1 - Then He spoke a parable to them, that men always ought to pray and not lose heart,

Prayer is a lifestyle, there is no particular time meant for prayer, it is something that must be done ALWAYS, especially in the heart. Don't wait till you get home or your special prayer time or room, learn to pray always, a short prayer of "O LORD thank You for all You have done and have mercy on me" said frequently can change the entire course of your life.

We are in a world where sin abounds but we have been commanded to rule over it and not let it control us (Gen.4.7 - If you do well, will you not be accepted? And if you do not do well, sin lies at the door. And its desire is for you, but you should rule over it." )

As Christians we must learn to pray always in the heart begging God to have mercy on us for the sin we may have committed, knowingly and unknowingly. God is merciful and He will grant you that desire of your heart.

If there's something you are asking God for, Thank God and ask for mercy first, this is to ensure that sin does not stop you from receiving from God.

It increased after they released that statistics. Call them every hour. It increases. But na statistics we go chop

I cry for my country ...the implication of this is enormous

thunder kill
thiefnibulu

Judolisco:
U removed fuel subsidy and fuel price rose by 200% so I don't know what you guys are expecting

Subsidy is back bro.

Gbadugbakun:

Subsidy is back bro.

which subsidy is back.... Full or partial?

Pls, what would happen if the con3 is d*vided. Would every region (new country) start from afresh?
Like would 1 new Arewa currency will be = 1USD?
Iam just asking.

Na so

Judolisco:
which subsidy is back.... Full or partial?

However, subsidy is back

Na statistics we go chop.... Zonebs hailed him.

Now na grass dem de chop and Rice husks

ogaontop:



https://nairametrics.com/2024/02/15/nigerias-inflation-hits-29-90-in-january-2024/

That shit is more like 100%

Away lokan

Judolisco:
U removed fuel subsidy and fuel price rose by 200% so I don't know what you guys are expecting

your country is stupidly broke, they can't even afford subsidy anymore. It has all been stolen by Buhari and his gang in advance. They have been borrowing on future crude oil. Do I feel pity for the animal called Tinubu? NO?

He thought he is a smart person by bringing Buhari and his gang of thieves so he can enter through the backdoor but God knows best and the plan don backfire

God will humble you when you think you are wisest. The country will divide soonest.

ProudNigerian01:
THIS TOO, SHALL PASS.

Like ebola, covid-19, the height of boko haram, Niger-Delta militancy, 2016 economic recession, This hardship will come to an end one day.

Meanwhile,
Please learn to pray especially for this country.

Luke.18.1 - Then He spoke a parable to them, that men always ought to pray and not lose heart,

Prayer is a lifestyle, there is no particular time meant for prayer, it is something that must be done ALWAYS, especially in the heart. Don't wait till you get home or your special prayer time or room, learn to pray always, a short prayer of "O LORD thank You for all You have done and have mercy on me" said frequently can change the entire course of your life.

We are in a world where sin abounds but we have been commanded to rule over it and not let it control us (Gen.4.7 - If you do well, will you not be accepted? And if you do not do well, sin lies at the door. And its desire is for you, but you should rule over it." )

As Christians we must learn to pray always in the heart begging God to have mercy on us for the sin we may have committed, knowingly and unknowingly. God is merciful and He will grant you that desire of your heart.

If there's something you are asking God for, Thank God and ask for mercy first, this is to ensure that sin does not stop you from receiving from God.

Germany, Switzerland, UAE, South Africa, Egypt, America, UK, Canada, Saudi Arabia, Qatar, Israel all grew and developed through prayers abi?

Stop making caricature of religion

Floating of the naira against other major currency

Judolisco:
U removed fuel subsidy and fuel price rose by 200% so I don't know what you guys are expecting

Not even a glimpse of light at the end of the tunnel yet!

the builder of Lagos have finished Nigeria,it all started with change ,next level and finally finish level .I told you guys this old corrupt thieves knows nothing about running a country

Promise47:
Floating of the naira against other major currency

I just hope dey can hit the reset button and let everyone enjoy that Buhari economy we thought was worse

Promise47:
Floating of the naira against other major currency

plus removing subsidy... Bring petrol back to 200 and see if Nigerians would care about floating of the Naira

Metrofox:


your country is stupidly broke, they can't even afford subsidy anymore. It has all been stolen by Buhari and his gang in advance. They have been borrowing on future crude oil. Do I feel pity for the animal called Tinubu? NO?

He thought he is a smart person by bringing Buhari and his gang of thieves so he can enter through the backdoor but God knows best and the plan don backfire

God will humble you when you think you are wisest. The country will divide soonest.

u r blaming tinubu for doing his job as a politician and as an opposition ? I'd rather blame d so called pdp govs who joined hands with Buhari and tinubu to remove Jonathan.... U can't blame d opposition for opposing.... And every politician has their own personal interest.... Na why dem dey decamp bdat, today u see them in APGA, tomorrow PDP and next week LP... Na all personal interest man...

Tinubu merged his party in order for buhari to win, so he has all rights to lay claim on the throne... U win election in Nigeria by forming alliances...