Saao:
I wonder how some of u reason when it comes to politics or sentiment. Economy was handover to Buhari with inflation on single digit now u are celebrating 15.9% inflation rate.

When it was single digit, how better was your life then?

praxisnetworks:

Fake news on paper.

You are probably still under your parent if you dont know price of goods and services has drastically reduced

Saao:
I wonder how some of u reason when it comes to politics or sentiment. Economy was handover to Buhari with inflation on single digit now u are celebrating 15.9% inflation rate.

Nigerias inflation is always double digit,stop posting what you dont know we never had it less than 10% in the last 15years

How come action bitters still dey 150 from the usual 120?

smirn:

When it was single digit, how better was your life then?

I don't need to answer u, u know better

bettercreature:
Nigerias inflation is always double digit,stop posting what you dont know we never had it less than 10% in the last 15years

google is a ur friend if u have forgotten. Learn to talk with facts not assumption. Thanks

bettercreature:
Nigerias inflation is always double digit,stop posting what you dont know we never had it less than 10% in the last 15years

Can you provide facts that Nigeria has always. been in double digits. thanks

Saao:
google is a ur friend if u have forgotten. Learn to talk with facts not assumption. Thanks

Consumer prices in Nigeria increased 15.91 percent year-on-year in October 2017, easing from 15.98 percent in September and in line with market expectations of 15.9 percent. The inflation slowed for the ninth consecutive month to its lowest level since May 2017 due to lower prices of education and housing and utilities. Meantime, food inflation hit its highest level since July 2008 and transport prices increased further. Inflation Rate in Nigeria averaged 12.46 percent from 1996 until 2017, reaching an all time high of 47.56 percent in January of 1996 and a record low of -2.49 percent in January of 2000.
https://tradingeconomics.com/nigeria/inflation-cpi

bettercreature:

Consumer prices in Nigeria increased 15.91 percent year-on-year in October 2017, easing from 15.98 percent in September and in line with market expectations of 15.9 percent. The inflation slowed for the ninth consecutive month to its lowest level since May 2017 due to lower prices of education and housing and utilities. Meantime, food inflation hit its highest level since July 2008 and transport prices increased further. Inflation Rate in Nigeria averaged 12.46 percent from 1996 until 2017, reaching an all time high of 47.56 percent in January of 1996 and a record low of -2.49 percent in January of 2000.
https://tradingeconomics.com/nigeria/inflation-cpi

pls stop quoting me, just face ur argument. Suffering and smiling.

praxisnetworks:
Fake news on paper.

Very fake news.
All Poverty Congress, APC want do us wayo again with lies and propaganda as they did in 2015. Thank God our eyes don open well well.
In the same country of fake news inflation drop, we have car sales at lowest record as reported below:

father01:
The prospects of majority of Nigerians buying brand new vehicles in the near future may not be guranteed as the total number of new vehicle sold in Nigeria may not exceed 10,000 units by the end of this year further painting a flood picture of a chequered local auto industry that is not growing at the expected pace.

The number of brand new vehicles according to figures show’s the total numbet of brand new vehicles dropping from 50,000 units, which was recorded before the introduction of a new automotive policy in 2013.
This disclosure which was one of the high points local automakers and dealers stated this in Lagos on Tuesday and gave low purchasing power due to economic crunch, scarcity of foreign exchange and high interest rate as some of the factors responsible for the drastic drop.
They spoke at the 2017 symposium of the automobile and allied services group of the Lagos Chamber of Commerce and Industry held under the theme, ‘The Nigeria auto policy: The current drivers’.
Executive Director, Truckmasters Nigeria Limited, . Oseme Oigiagbe, said rather than encourage production and purchase of new vehicle sales, the enforcement of the auto policy had largely led to significant reduction in the sales figures.
He said [b]the figures had consistently dropped from 50,000 units in 2013 to 40,000 vehicles in 2015; 20,000 in 2016 and 10,000 this year.
[/b]Oigiagbe, who said the Federal Government ought to have placed a total ban on the importation of used vehicles to drive the new vehicles’ patronage, lamented the high interest rate on vehicle loans, ranging from 25 per cent to 27 per cent.
On his 9.art, Executive Director, Kewalram Chanrai Group, Anil Sahgal, also put the total figures of new vehicles sold this year at 10,000 units, stressing that without the support of the government for the automobile assemblers, the industry would not make any headway.
The Executive Director, Nigerian Automotive Manufacturers Association, Remi Olaofe, said many of the auto assemblers were merely producing vehicles and dumping them in the warehouses as a result of low patronage.
Managing Director, VON Automobile Limited¥Adetokunbo Aromolaran, who described the situation as pitiable, said there was no way the nation could make progress if the government continued to buy imported fully built vehicles.
He said, “The government remains the biggest buyer, and it has to lead by example by buying made-in-Nigeria vehicles. The auto business is a demand-driven; once volume grows, the cost of production will drop and vehicles’ prices will come down. There is also the need to create viable vehicle finance scheme.”
The Managing Director, National Trucks Manufacturers LimitedIbrahim, Bayero, said, “Majority of us have been recording losses in the last five years due to poor sales.”
He criticised the granting of licences by the government to 53 auto firms to assemble vehicles in Nigeria, saying, “It does not make economic sense’ and warned that without sincerity, the auto policy would not achieve its desired goals.”
While the Deputy President, LCCI,. Babatunde Ruwase, urged major players in the industry to be more proactive if they hoped to make appreciable impact in the implementation of the auto policy.

http://www.businessdayonline.com/nigerias-new-vehicle-sales-drops-abysmal-10000-units/?utm_source=&utm_medium=twitter

Since the dullard took over with his 40 thieves cabal every thing has been getting worse despite their rosy campaign promises.
We are in trouble.



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drey22:
Government of deceit...2019 is almost here. You all will be mugabaed from that office

Like if you cant wait for 2019

Then u will vote in ur god that will crash inflation to 0% in one month...

bettercreature:

Consumer prices in Nigeria increased 15.91 percent year-on-year in October 2017, easing from 15.98 percent in September and in line with market expectations of 15.9 percent. The inflation slowed for the ninth consecutive month to its lowest level since May 2017 due to lower prices of education and housing and utilities. Meantime, food inflation hit its highest level since July 2008 and transport prices increased further. Inflation Rate in Nigeria averaged 12.46 percent from 1996 until 2017, reaching an all time high of 47.56 percent in January of 1996 and a record low of -2.49 percent in January of 2000.
https://tradingeconomics.com/nigeria/inflation-cpi

..also lern to listen to your maths teacher..and answer this..if the ages of four students in a class are as follows...12,8, 10 and 24..what is the average age of the students in the class...if you can get the sum..then u can.make a deduction from it about the age "8" that exist in that class..from there you will know the meaning of the word "average in statistics

what could probably be the cause of the decline.?

Getintouch2004:
A mudu of garri is still #300. Now where is it affecting people positively?

Abegiii

How much was a mudu of garri 2months or 3months ago? Why do u pple like bad news all d time? Sentiment will kill som pple

Nbote:
Consumer prices are still high and are set to even go higher with some items like rice and other Fud items already on d trajectory..

Na lie, prices of food commodities are stable and crashing little by little

sacluxisback:
How come action bitters still dey 150 from the usual 120?

the problem is we are too smart and take advantage of every situations. high prices of some items is due to wholesalers and retailers

This will be the best Christmas of my life..

kenoyad:

Na lie, prices of food commodities are stable and crashing little by little

Go to d market today and find out urself... Don't sit behind a Fone keyboard

Ogonimilitant:
Government of lies. Propaganda and deciet.
I will beleive this government only when l buy a bag of Rice N7K they met it when they took over.

APC is only visible in the media

Na only rice u dey chop. Me wey no dey lag self know say rice self cheap pass beans

Ogonimilitant:
Government of lies. Propaganda and deciet.
I will beleive this government only when l buy a bag of Rice N7K they met it when they took over.

APC is only visible in the media

It is obvious you've never bought a bag of rice before in your life. If not, you wouldn't have claimed bag of rice was 7k when APC took over.

Ogonimilitant:
Government of lies. Propaganda and deciet.
I will beleive this government only when l buy a bag of Rice N7K they met it when they took over.

APC is only visible in the media

Hw much ur belove bewitched PDP met it wen dey took over

D same recession ur ogogoro gej put us

Nbote:
Consumer prices are still high and are set to even go higher with some items like rice and other Fud items already on d trajectory..

so produce instead of consuming

asawanathegreat:
And we still dey struggle to buy food stuffs

una gree enter farm

yeah I notice things are getting cheaper. Pepsi came back to 100. power oil now 80naira. things are getting better