Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,206,148 members, 7,994,920 topics. Date: Wednesday, 06 November 2024 at 01:47 AM

Inflation: What Is Happening Pls? - Food (3) - Nairaland

Nairaland Forum / Nairaland / General / Food / Inflation: What Is Happening Pls? (32868 Views)

Inflation In Food Prices For 2023 - NBS / What Adjustments Have You Made To Cope With The Rising Inflation (Pictures) / INFLATION: What Is This Country Turning Into? (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (8) (Reply) (Go Down)

Re: Inflation: What Is Happening Pls? by smasher1(m): 12:43pm On Jul 21, 2021
ProJectAnatot:
The rate of inflation of general commodities especially food items is alarming to me angry. I have been in the southeastern part of the country since the end of January and some commodities like bread, soft drinks and even food have inflated by up to 50% since January. Please I am really confused about this situation.
And also surprisingly no one is talking about it..
Economists and analysts in the house is there any particular reason for this fast inflation... Is it oil?, naira? Incompetence? Or even corruption? Fulani herdsmen? flood? I am really being sincere with my question!

Good afternoon.

The devaluation of the naira to the dollar officially from 360 to around 420 or 500 in the parallel market is responsible.

2 Likes

Re: Inflation: What Is Happening Pls? by RodgersAkpafu: 12:44pm On Jul 21, 2021
DawahToTheWorld:
Firstly the problem is importing everything we use 90% which had depreciate Naira. secondly is corruption of distributors to wholesalers to retailers. the consumer everything. some agricultural products are cost because of insecurity e.g like Ram is very cost this year. another factor is high tax from government etc. our problem is many In Nigeria. may Allah help us
The real problem is Buharis failed stewardship
Say it
Sensible government policies would mitigate this mess to a significant extent
But when you have a president who does not know his left from right
This is the $hit u get

1 Like 1 Share

Re: Inflation: What Is Happening Pls? by Temptee101(m): 12:44pm On Jul 21, 2021
CaveAdullam:
1. Naira depreciation.

2. Money printing.

3. Low investments in human capital.

4. Low investments in basic infrastructures.

5. Fall in oil price.

6. Inappropriate governmental policies.

7. The reticent state of the judiciary.

8. Low trust.

9. High immorality.

10. The misplacement of rationalism.

11. Poor security system.

Etc.

Thanks.

You would've saved some energy and time if you had just typed; Buhari

7 Likes 1 Share

Re: Inflation: What Is Happening Pls? by NobleSeed(m): 12:44pm On Jul 21, 2021
shockedE belike say na yankee you dey ooh?
Make them cut soap for us na
RodgersAkpafu:
Una never see anything

2 Likes

Re: Inflation: What Is Happening Pls? by COZA(m): 12:44pm On Jul 21, 2021
PRESIDENT2003:
OG

My Man smiley

Re: Inflation: What Is Happening Pls? by BKayy: 12:44pm On Jul 21, 2021
Activist001:

The only terrorists I know are the people support those who cause havoc in igbo land and that's you ipob lunatics.

Try to see beyond your hate. Try to see beyond tribe and race. Just try it once and your life will be better.
"When the only people saying that havoc is caused in another groups land is the enemies then it is a liberation"
You and your kind are not wanted in Igboland.
There is something called Nationalism.

1 Like 1 Share

Re: Inflation: What Is Happening Pls? by daniel56(m): 12:44pm On Jul 21, 2021
ProJectAnatot:
The rate of inflation of general commodities especially food items is alarming to me angry. I have been in the southeastern part of the country since the end of January and some commodities like bread, soft drinks and even food have inflated by up to 50% since January. Please I am really confused about this situation.
And also surprisingly no one is talking about it..
Economists and analysts in the house is there any particular reason for this fast inflation... Is it oil?, naira? Incompetence? Or even corruption? Fulani herdsmen? flood? I am really being sincere with my question!

Good afternoon.


My brother how many u wan talk, na who u go report to, na prayer we dey so,
make d country better, our rules say we d poor no go enjoy the country, na borrow our rules dey borrow, one day u go hear say China, India done buy Nigeria, make u dey plan ur own oooooh. I done talk

1 Like 1 Share

Re: Inflation: What Is Happening Pls? by vasel15: 12:45pm On Jul 21, 2021
Lol una never see anything yet

1 Like 1 Share

Re: Inflation: What Is Happening Pls? by Babaibeji2020(m): 12:45pm On Jul 21, 2021
BKayy:
More hunger on you Terrorist Nigerians.
Now you are feeling a little bit of our pain
angry

Re: Inflation: What Is Happening Pls? by RodgersAkpafu: 12:45pm On Jul 21, 2021
NobleSeed:
shockedE belike say na yankee you dey ooh?
Make them cut soap for us na
I'm still in Nigeria though

1 Like

Re: Inflation: What Is Happening Pls? by Jlow2: 12:45pm On Jul 21, 2021
When fuel becomes 380 you will understand were we re

1 Like 1 Share

Re: Inflation: What Is Happening Pls? by dammyagboola(m): 12:46pm On Jul 21, 2021
Mind you Buhari government is nursing an ambition of increasing fuel pump price again. I hope you know what that means to the already hardship we have experiencing. Buhari government is evil, they know that referendum is the only solution to the force marriage called Nigeria. But this wicked and hypocrite among them are resisting it.

2 Likes 1 Share

Re: Inflation: What Is Happening Pls? by Incredible128: 12:46pm On Jul 21, 2021
CaveAdullam:
1. Naira depreciation.

2. Money printing.

3. Low investments in human capital.

4. Low investments in basic infrastructures.

5. Fall in oil price.

6. Inappropriate governmental policies.

7. The reticent state of the judiciary.

8. Low trust.

9. High immorality.

10. The misplacement of rationalism.

11. Poor security system.

Etc.

Thanks.
I think u should remove that "low oil price" stuff, past governments have done well even with low oil prices; I think what we're suffering now is due to very bad government policies, humongous hidden corruption going on, another humongous insecurity in the land and maybe I could add the after effects of covid 19. Note: the rest of ur opinions are correct though but I strongly disagree with that "oil price"

1 Like 1 Share

Re: Inflation: What Is Happening Pls? by smasher1(m): 12:46pm On Jul 21, 2021
CaveAdullam:
1. Naira depreciation.

2. Money printing.

3. Low investments in human capital.

4. Low investments in basic infrastructures.

5. Fall in oil price.

6. Inappropriate governmental policies.

7. The reticent state of the judiciary.

8. Low trust.

9. High immorality.

10. The misplacement of rationalism.

11. Poor security system.

Etc.

Thanks.

On the contrary, number 5 is rise in all price to a 3 year high accompanied by a devaluation of the naira, makes the common man worse for it.

1 Like

Re: Inflation: What Is Happening Pls? by RodgersAkpafu: 12:47pm On Jul 21, 2021
Activist001:

The only terrorists I know are the people support those who cause havoc in igbo land and that's you ipob lunatics.

I
Try to see beyond your hate. Try to see beyond tribe and race. Just try it once and your life will be better.
If you took your own advise
You wont be making this comment
Re: Inflation: What Is Happening Pls? by poiZon: 12:47pm On Jul 21, 2021
ProJectAnatot:
The rate of inflation of general commodities especially food items is alarming to me angry. I have been in the southeastern part of the country since the end of January and some commodities like bread, soft drinks and even food have inflated by up to 50% since January. Please I am really confused about this situation.
And also surprisingly no one is talking about it..
Economists and analysts in the house is there any particular reason for this fast inflation... Is it oil?, naira? Incompetence? Or even corruption? Fulani herdsmen? flood? I am really being sincere with my question!

Good afternoon.
Sadly our elites are not disturbed maybe cos its not really affecting them.
They r concerned about 2023, heard some bigwigs in abia state decamped to apc so they can align with the centre.
Yesterday garba shehu said buhari is more popular now than ever irrespective of what the opposition party is saying.
My brother,according to femi adesina, those who r hungry now are pdp people, if u r in apc u can never be hungry. My advice is for u to locate the nearest apc secretariat and collect a membership card.
Good luck to us

1 Like

Re: Inflation: What Is Happening Pls? by NobleSeed(m): 12:47pm On Jul 21, 2021
cheesyNa him you come dey talk say we never see anything when we are already seeing something?
RodgersAkpafu:

I'm still in Nigeria though

2 Likes

Re: Inflation: What Is Happening Pls? by Nobody: 12:48pm On Jul 21, 2021
BKayy:

"When the only people saying that havoc is caused in another groups land is the enemies then it is a liberation"
You and your kind are not wanted in Igboland.
There is something called Nationalism.
I'm a full blooded igbo guy from imo state for your information because I know your next line of action is to call me a fulani or BMC as you all call it.

Your kind are the people not wanted in igbo land not me. People full of hate and xenophobia are needed on planet earth not even igboland alone.
Re: Inflation: What Is Happening Pls? by RodgersAkpafu: 12:48pm On Jul 21, 2021
NobleSeed:
cheesyNa him you come dey talk say we never see anything when we are already seeing something?
Those who it is affectin never see anything
Re: Inflation: What Is Happening Pls? by Deltafirstson(m): 12:49pm On Jul 21, 2021
Some idiots here were supporting one idiot aid that was boosting that pdp should never think of 2023.

1 Like

Re: Inflation: What Is Happening Pls? by Nobody: 12:49pm On Jul 21, 2021
RodgersAkpafu:

If you took your own advise
You wont be making this comment
I don't support buhari, the APC or IPOB. Those are the people who are causing violence in the south east. Is that clear enough?
Re: Inflation: What Is Happening Pls? by seborrhic: 12:49pm On Jul 21, 2021
ProJectAnatot:
The rate of inflation of general commodities especially food items is alarming to me angry. I have been in the southeastern part of the country since the end of January and some commodities like bread, soft drinks and even food have inflated by up to 50% since January. Please I am really confused about this situation.
And also surprisingly no one is talking about it..
Economists and analysts in the house is there any particular reason for this fast inflation... Is it oil?, naira? Incompetence? Or even corruption? Fulani herdsmen? flood? I am really being sincere with my question!

Good afternoon.
No one is talking about it because Nigerians,despite having many intelligent people and being well exposed and bragging how tough and stubborn they are outside,have perhaps the most cowardly set of humans on earth.
If 1/10th of the havoc Buhari has caused in Nigeria were to happen in many other countries,hell would have been let lose.
Petrol price increase that was a taboo b4 he came,has been increased by about 70%!Electricity by 100%!Cement by more than 100%,bread by about 150-200%,and general food items across board by at least 70%.These are essential household items,not talking of cars, building materials,transport,etc.
All over the country,there is un-contested insecurity.
Even the lie he told of fighting corruption;corruption is now almost an accepted way of life.Kidnappings is now an established business.
We must come to tell ourselves the truth,there is no way this country would be better because the collective to do what is right is not there.Each person that makes it does it out of sheer luck and or connections.
Nigeria is doomed and the foundation of that doomness has been set by Buhari because the next goverment now knows it can do anything and get away with it,unlike the previous notion that there is a limit to which Nigerians can tolerate some things.

5 Likes

Re: Inflation: What Is Happening Pls? by RodgersAkpafu: 12:50pm On Jul 21, 2021
Activist001:

I don't support buhari, the APC or IPOB. Those are the people who are causing violence in the south east. Is that clear enough?
It is.
Re: Inflation: What Is Happening Pls? by NobleSeed(m): 12:50pm On Jul 21, 2021
undecided
RodgersAkpafu:

Those who it is affectin never see anything

Re: Inflation: What Is Happening Pls? by heniford2: 12:50pm On Jul 21, 2021
ProJectAnatot:
The rate of inflation of general commodities especially food items is alarming to me angry. I have been in the southeastern part of the country since the end of January and some commodities like bread, soft drinks and even food have inflated by up to 50% since January. Please I am really confused about this situation.
And also surprisingly no one is talking about it..
Economists and analysts in the house is there any particular reason for this fast inflation... Is it oil?, naira? Incompetence? Or even corruption? Fulani herdsmen? flood? I am really being sincere with my question!

Good afternoon.
do you want to know why it is happening because this shit government closed every major broader, placed high tax on goods, this government should engage with the imports and exports into talk on it but the will not and also manufacturing bodies too get to know there issues address it and help out but instead the will not Buhari is a sleeping slowpoke chia

3 Likes 1 Share

Re: Inflation: What Is Happening Pls? by ProJectAnatot(m): 12:50pm On Jul 21, 2021
smasher1:


The devaluation of the naira to the dollar officially from 460 to around 420 or 500 in the parallel market is responsible.

Hmm. Devaluation . Nawao... And our income is not increasing!! Till when is someone suppose to endure all this?..
Government is cutting cost, not paying salaries on time, increasing and creating unnecessary VAT and yet inflation is still dealing with the little that is left for the citizens to manage!
God pls help us!
Re: Inflation: What Is Happening Pls? by RodgersAkpafu: 12:51pm On Jul 21, 2021
seborrhic:

No one is talking about it because Nigerians,despite having many intelligent people and being well exposed and bragging how tough and stubborn they are outside,have perhaps the most cowardly set of humans on earth.
If 1/10th of the havoc Buhari has caused in Nigeria were to happen in many other countries,hell would have been let lose.
Petrol price increase that was a taboo b4 he came,has been increased by about 70%!Electricity by 100%!Cement by more than 100%,bread by about 150-200%,and general food items across board by at least 70%.These are essential household items,not talking of cars, building materials,transport,etc.
All over the country,there is un-contested insecurity.
Even the lie he told of fighting corruption;corruption is now almost an accepted way of life.Kidnappings is now an established business.
We must come to tell ourselves the truth,there is no way this country would be better because the collective to do what is right is not there.Each person that makes it does it out of sheer luck and or connections.
Nigeria is doomed and the foundation of that doomness has been set by Buhari because the next goverment now knows it can do anything and get away with it,unlike the previous notion that there is a limit to which Nigerians can tolerate some things.
What you just said is nothin but the truth
Re: Inflation: What Is Happening Pls? by RexTramadol1: 12:51pm On Jul 21, 2021
Sapa gbe e ni handicap niyen o

1 Like

Re: Inflation: What Is Happening Pls? by boom99(m): 12:52pm On Jul 21, 2021
ProJectAnatot:
The rate of inflation of general commodities especially food items is alarming to me angry. I have been in the southeastern part of the country since the end of January and some commodities like bread, soft drinks and even food have inflated by up to 50% since January. Please I am really confused about this situation.
And also surprisingly no one is talking about it..
Economists and analysts in the house is there any particular reason for this fast inflation... Is it oil?, naira? Incompetence? Or even corruption? Fulani herdsmen? flood? I am really being sincere with my question!

Good afternoon.


I say make I buy land for one bush 750k two weeks ago, I go gather money come back, omonile say na 1m last. You see this govt. Na only God go see us through.

1 Like

Re: Inflation: What Is Happening Pls? by RodgersAkpafu: 12:52pm On Jul 21, 2021
NobleSeed:
undecided
Yes naw.
The low income earners
The ones most likely to fight against those who fight against those oppressing them

1 Like 1 Share

Re: Inflation: What Is Happening Pls? by Swinger60(f): 12:53pm On Jul 21, 2021
Starboytwo:
1- insecurity. A lot of farmers can’t go to the farm.

2- infrastructural deficit- a lot of the produced goods are perishable and a lot got wasted due to lack of preservation. Infact there’s nothing can be done without ELECTRICITY

3- lack of visionary leaders- what are our politicians doing to checkmate the rising price of food items?

Recommendation

All Nigerians should just brace up for the worst. The price gonna keep going up, unless buhari done something ASAP. But what can Buhari do?

You said it all.
Re: Inflation: What Is Happening Pls? by D2UU: 12:54pm On Jul 21, 2021
Oh buhari the senseless presidio in the world.... still waiting for the container of cows to arrive.
APC inflammation change

(1) (2) (3) (4) (5) (6) (7) (8) (Reply)

Top 10 Nigerian Snacks And Their Health Benefits / English Name Of Ponmo / Name One Thing You Don't Eat

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 51
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.