Two
weeks after it released a report stating that the economy was indeed in
recession, the Statistician General of Nigeria and CEO of the Nigerian
National Bureau of Statistics, Yemi Kale, has released the August 2016
CPI/inflation, PMS, Diesel and Kerosene price watch reports. According
to the report, in the month of August, headline Inflation rose by 17.6%
yr on yr from 17.1% in July. Read more after the cut..
22 comments:
We must survive
SMH
-D great anonymous now as Vivian Reginalds
Mtchewwwwwwwwwwwwwwwwwwww
Which way Niaja...? The Lord is our muscle!
Hmmmm
uni lag babe was raped in her room for braging that she is the hotest babe in town, see wetin they do her
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We are in the regime in increase... Not surprise.
They own all d oil wells yet their pple still buy diesel, PMS and kero at exorbitant rates.
God will do it
...merited happiness
GOOD TO SEE
AUNTY LINDA 👩
It is worse than that Mr. statistician. 10,000 can't cook a good soup now
Interesting
Guess this is the change desperately wanted! Pathetic situation!
It's well
This is mere book work, the reality is worse every product has very high price tag now. Someone even used her daughter to collect rice for her other 4 children. She went to the shop with her daughter collected rice and some ingredients. She told the shop owner that the girl should wait there that she wants to get other things and pay when she comes back…during closing time the shop owner took the child to the police then the traced the woman only to find out from her that she did trade by batter with the girl to feed the family. Hunger is in the land.
Ilovemywife
Linda, your comment is wrong....... headline inflation rose to 17.1 percent in August not 17.6%. Read, ask questions if you're not sure.
abeg when will Nigeria come out of this recessions?
is this real or artificial recessions?
NBS abeg make una de give us useful statistics joor
Nija recession is no longer news, plot the graph and do the maths, tell us when we will be out and how long it will take Nija to end the severe recession
It is well with us all. Linda take note!
Mystique, you're the one that should read again to understand not Linda. APC has finish Nigeria with their evil scam change. Only God can deliver us from this wicked Buhari government....God will punish all the people that foist this evil scam change government on Nigerians.....
Linda, seen........ your comment is right. my apologies dear.
Sorry dear. nBs is unable to do this as it is beyond the scope of their work. You'd need to consult the CBN or MoF for that.
Unfortunately, the FG are yet to announce our exist strategy so it is difficult for us to forecast the length of time this recession will take. It is my hope that a sound plan will be drawn up and the populace will be enlightened further so we know how long this suffering will last.
If this doesn't happen within the next 60days, I'd have no choice but to join the PDP in its demand for Mr President's resignation
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