Nigerian inflation accelerated to the highest rate in almost 11 years in July, complicating the task of the central bank in an economy which is at risk of contracting this year.
The inflation rate in Africa’s largest economy increased to 17.1% in July from 16.5 percent in June and 15.6 in May, according to the National Bureau of Statistics second quarter report.
The figure represented the highest rate since October 2005, according to data on the Central Bank of Nigeria’s website.
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Nigeria's inflation hits 17.1%, highest in 11 years
Nigeria's inflation hits 17.1%, highest in 11 years
Victor
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Wednesday, August 31, 2016
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... Consequences of a clueless wicked clannish incompetent selfish ignorant sadistic vindictive and corrupt APC lead government. May God save Nigeria from this APC misadventure. APC is now a symbol of hunger hardship and suffering for Nigeria. By the time you have exhausted your excuse and blame of Jonathan and PDP 16 years, You people will now shift to Lord Lugard or Sir Arthur Richard, then colonial Governor General of Nigeria to put the blame. By the time this useless APC government finish with Nigeria, Nigerians who are lucky to be alive will know that khaki no be leather! APC! Werepe Change!
ReplyDelete... Consequences of a clueless wicked clannish incompetent selfish ignorant sadistic vindictive and corrupt APC lead government. May God save Nigeria from this APC misadventure. APC is now a symbol of hunger hardship and suffering for Nigeria. By the time you have exhausted your excuse and blame of Jonathan and PDP 16 years, You people will now shift to Lord Lugard or Sir Arthur Richard, then colonial Governor General of Nigeria to put the blame. By the time this useless APC government finish with Nigeria, Nigerians who are lucky to be alive will know that khaki no be leather! APC! Werepe Change!
ReplyDelete