Tag: inflation

Inflation, shrinking middle class and poverty, By Sheriffdeen Tella

Bode DoluLeave a Comment on Inflation, shrinking middle class and poverty, By Sheriffdeen Tella

When I read the response of the Federal Government to last week’s International Monetary Fund report warning Nigeria over the implications of a high inflation rate and the slow impact of the economic reforms, it became clear that the people in government are not in touch with happenings in the economy. They live in a […]

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I bought a N600 bottle of roasted groundnut at N1000; Economists call it inflation, I call it Buhari’s Nigeria ―Kingsley Moghalu, ex-presidential candidate says

Bode DoluLeave a Comment on I bought a N600 bottle of roasted groundnut at N1000; Economists call it inflation, I call it Buhari’s Nigeria ―Kingsley Moghalu, ex-presidential candidate says

Former Central Bank’s Deputy Governor and ex-presidential candidate, Kingsley Moghalu has lamented over the rising cost of food items in ‘Buhari’s Nigeria’ after buying a bottle of groundnut for N1000. According to the political economist, he used to buy the same bottle for N600. “At “Four Corner” in Enugu State, I bought a bottle of […]

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