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Nairaland Forum / Nairaland / General / Politics / Controversy As Manufacturers Reject NBS Inflation Figure (8070 Views)
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Controversy As Manufacturers Reject NBS Inflation Figure by ijustdey: 8:58am On Jul 16 |
Nigeria’s inflation narratives took a controversial twist yesterday as the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), gives its own figure contradicting that of the National Bureau of Statistics, NBS, by a wide margin. https://www.vanguardngr.com/2024/07/controversy-as-manufacturers-reject-nbs-inflation-figure/ 2 Likes
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Re: Controversy As Manufacturers Reject NBS Inflation Figure by SocialJustice: 9:01am On Jul 16 |
NBS na liars before na. Even the blind knows inflation is over 90% 44 Likes 5 Shares |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by iwaeda: 9:03am On Jul 16 |
ijustdey: Only hell in us believed otherwise. Everything is beyond reach. ![]() ![]() ![]() ![]() ![]() 20 Likes |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by Racoon(m): 9:06am On Jul 16 |
Nigeria has long been in hell already with the APC government of Buhari and Tinubu. 18 Likes 3 Shares |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by MASTAkiLLAh(m): 9:07am On Jul 16 |
You don't need a magician to tell you that inflation figures are closer to 100% if not 200% than that 34% they're talking about. Economics does not give a shît about propaganda, we're eating that statistics by force ![]() 45 Likes 5 Shares |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by Sebastine1994(m): 9:16am On Jul 16 |
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Re: Controversy As Manufacturers Reject NBS Inflation Figure by AcuraZDX: 9:16am On Jul 16 |
Anything Bulaba touches, turns to dust😂. "Na statistics we go shop" comes to mind. 25 Likes 1 Share |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by SmartyPants(m): 9:17am On Jul 16 |
SocialJustice: Inflation was over 90% from May to June? Or you didnt read the article? 2 Likes 1 Share |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by shortgun(m): 9:18am On Jul 16 |
Inflation is over 1000% percent, the government can only decieve their gullible illiterate supporters ![]() What Nigeria is experiencing under Tinubu is not inflation but hyperinflation 24 Likes 2 Shares |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by Brendaniel: 9:18am On Jul 16 |
It is well... |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by specialmati(m): 9:18am On Jul 16 |
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Re: Controversy As Manufacturers Reject NBS Inflation Figure by bigdammyj: 9:18am On Jul 16 |
Noted. |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by nedu666: 9:19am On Jul 16 |
Nbs should stay. Everyone knows inflation is over 100% |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by straighttalk(m): 9:20am On Jul 16 |
Okay |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by yesloaded: 9:25am On Jul 16 |
This is a very simple case What's the price of dollar at black in may 29, 2023 compared to today's rate? What's the cost of bag of rice in May, 29 2023 compared to today's rate? Tubers of yam, bag of garri, measure of pepper, bag of cement, load of sand, even sachet of water We need face the reality Floating of naira & removal of fuel subsidy without any reasonable plan killed the economy completely Government can't increase minimum wage by 100% , printing more naira will not solve the problem, let government forget politics and seek for solution from people who are very knowledgeable about economy to salvage the situation What we need now is solution to save the dying economy 8 Likes 1 Share |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by jericco1(m): 9:25am On Jul 16 |
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Re: Controversy As Manufacturers Reject NBS Inflation Figure by kennyz247(m): 9:26am On Jul 16 |
Propaganda is what this government is all about.. 3 Likes 1 Share |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by Nahunger(m): 9:26am On Jul 16 |
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Re: Controversy As Manufacturers Reject NBS Inflation Figure by seborrhic: 9:28am On Jul 16 |
Stupid figures right from time. Take a basket of goods/services,check the percentage price differences over a period of time.How is that so hard to calculate for any office? Inflation is around 120%! 4 Likes 1 Share |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by IamObidientBut: 9:30am On Jul 16 |
Na statistics we go chop ? Tinimbum is a vagabond. Most wanted syndicates leader. Drug baron and Chicago kingpin 1 Like |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by Artscollection: 9:33am On Jul 16 |
Common sense points to that direction 1 Like |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by Choiceone1: 9:35am On Jul 16 |
So NBS too are doing like judges. This country has been bastardized beyond repair 1 Like |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by caye(m): 9:36am On Jul 16 |
DID YOU ALL NOTICE FROM THIS REPORT THAT SOME THINGS WERE DELIBERATELY UNSAID? - no one talked about the fact that food inflation is directly as a result of genocide of both Yorùbá, Igbo, Benue, Hausa etc farmers in the farming belts of Nigeria by Fulanis and other terrorists - if for example, garri in early 2023 was #400-500 per Congo, a d is now #1500-1600, we are talking about btw 400% -420% inflation rate , not 34 or 41% NBS is doctoring the truth, so as not to scare Nigerians , like what happened in Sri Lanka last year ( or 2022). 8 Likes 2 Shares |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by able20(m): 9:37am On Jul 16 |
Expired Tinubu is the strongest politician in Yoruba land according to his followers. Nigerians have been witnessing how destructive the strong man is 3 Likes |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by phemmie06(m): 9:39am On Jul 16 |
Government trying to doctored the inflation report so that we can think they're working 3 Likes |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by Hopss(m): 9:40am On Jul 16 |
Inflation rate s more than 70percent from reality. not this gibberish about 34 percent 4 Likes |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by Victerica(m): 9:42am On Jul 16 |
Nigerians are under so many spells.... Heal Nigeria 3 Likes 1 Share |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by Zxcvbnmghtr: 9:42am On Jul 16 |
If there is anybody who is going through the MOST DIFFICULT HARDSHIP it's obviously all of they above monikers. At least they not bottling their pain by crying everyday which is a good remedy for depression. |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by SatoshiX: 9:44am On Jul 16 |
Government should open the borders and let there be food surplus. The masses are hungry. 1 Like |
Re: Controversy As Manufacturers Reject NBS Inflation Figure by Mightyiyke: 9:51am On Jul 16 |
Them go tire!!!! Confuse nation |
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