What Nigerians Are Passing Through Is Worse Than What Data Shows -Nwachukwu

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  • čas přidán 25. 08. 2024
  • Food inflation is up 200-500%. We are running on what the Bureau of Statistics says, even though reality says otherwise.
    Steve Nwachukwu, Financial Analyst
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Komentáře • 45

  • @lawaldanladi9129
    @lawaldanladi9129 Před měsícem +2

    This guy speaks the truth. He speaks sincerely from the bottom of his heart. If only this government will listen and act accordingly....

  • @user-qs8qc9kz2m
    @user-qs8qc9kz2m Před měsícem +2

    This is a great analysis which addresses the solutions that can solve the problem of high prices of food in Nigeria.

  • @oghenefejirodedekuma5619
    @oghenefejirodedekuma5619 Před měsícem +30

    They should stop distributing free rice and work on ways the price of rice and other food items can be brought down and regulated . The Bola Tinubu administration should grow up and stop acting like illiterates.

    • @menubachinedu9135
      @menubachinedu9135 Před měsícem +9

      They are not acting like illiterates, they are illiterates.

    • @josephekeneodoh3474
      @josephekeneodoh3474 Před měsícem +1

      They know what they're doing. If they could bring down the cost of fuel today, the Price of goods and services could fall to 50% drastically. They're just punishing the poor Nigerians.

  • @christopherudoh6950
    @christopherudoh6950 Před měsícem +1

    God bless you, Nwachukwu, the suffering is too much.

  • @donatusben4021
    @donatusben4021 Před měsícem +9

    You don’t distribute handouts continuously, but create enabling environments for people to produced food for the themselves. WHO knows whether the Rice and whatever is not Bill Genetic Modified Organisms one? Nigerians should be careful of what they eat.

  • @Frank-Bediko62
    @Frank-Bediko62 Před měsícem +3

    Nigeria needs to adjust its inflation basket. Even both the World Bank and the IMF are saying so.

  • @cynthiaigwe3387
    @cynthiaigwe3387 Před 7 dny

    Good one mr nwachukwu

  • @fridayrewane3836
    @fridayrewane3836 Před měsícem +2

    Unfortunately, Tinubu and his cohorts are so dumb and clueless to understand that channelling food through governors to poor Nigerians is waste of time and resources because it will never get to those living in abject poverty.

  • @vbbb808
    @vbbb808 Před měsícem

    This man has said it all..Tinubu should wake up

  • @ObasiJohn-lg8oq
    @ObasiJohn-lg8oq Před měsícem +3

    You see most people who do not understand numbers will think the government has done something. If you multiple 1200x20 it's 24000 bags in total for each state. So tell me can this number go through a state? You will understand why we need production and good leadership and not palliative.

    • @asifelicity3542
      @asifelicity3542 Před měsícem +1

      When it comes to numbers this man Ahmed bala tenimus
      Nigeria president
      E no sabiam he didn't know or understand statistics leave that to Peter obi

  • @xixtinthegreat
    @xixtinthegreat Před měsícem +2

    You start free rice distribution. The rice sellers store their rice and eat the free rice. Once that is done, the price is going up more. We have been here before

  • @ucheuzuigwenwali1318
    @ucheuzuigwenwali1318 Před měsícem +4

    Nonsense, apc and tinubu government still on the alamajiri system toward the citizens instead doing the needful. So sad and shameful

  • @SamsonAkpomeriene
    @SamsonAkpomeriene Před měsícem +2

    When you give people rice how will they cook it is it not high price of gas or kerosene they will use to cook it giving people bags of rice is not the solution to the problem no food, no power,no good roads,high rate of insecurity you can go on and on the government is not trying

  • @k.5250
    @k.5250 Před měsícem

    This same stabilisation fund was proposed by Atiku during the campaign

  • @ehimwenmajames347
    @ehimwenmajames347 Před měsícem +1

    Inflation is over 50 percent. Nigerians rise up

  • @NathanielAbu-bk9lc
    @NathanielAbu-bk9lc Před měsícem +1

    Nigeria and Nigerians are now treated like birds where APC and Tinubu distributes rice to people knowing fully well that poverty and hunger are on the increase, high cost of all commodities yet he never deemed it necessary to review his economic policies... Trial and error government

  • @ntariela
    @ntariela Před měsícem +2

    Improve security and 50% of Nigeria's problem will be solved.
    Nigerians will manage to feed themselves and do business.
    People cant travel peacefully and go to farms anymore due to insecurity.
    This sharing of rice is just a waste of resources bcs the same political class will steal them for themselves.
    Clueless set of leaders.

  • @ellygable
    @ellygable Před měsícem +1

    Emilokon government!

  • @efemitchellamrohore4156
    @efemitchellamrohore4156 Před měsícem

    Crash the price of food not give baskets of rice to citizen....we should be able to afford it

  • @parentsandkidstv
    @parentsandkidstv Před měsícem +1

    Biafrans please don't join them Biafra is underway.

  • @chikaraejiogu4651
    @chikaraejiogu4651 Před měsícem

    Inflation is like 100%...

  • @ABCD1234-user-x3v
    @ABCD1234-user-x3v Před měsícem +1

    Dangote alone can allow Nigeria be a net exporter of refined product. Dangote refinery is up and running. Are we a net exporter as we speak?
    Forget Kyari’s lies that after NNpC refineries Nigeria will be a net exporter.

    • @user-kj3ds1uk9c
      @user-kj3ds1uk9c Před měsícem

      It's not yet running

    • @Bob-wq7lf
      @Bob-wq7lf Před měsícem +1

      Our crude doesn’t belong to us at the moment, Buhari’s government borrowed money with our crude so in the foreseeable future our crude will be used as loan repayments. Dangote said the other day that his refinery imports crude from the US. Sad scenario for Nigeria and Nigerians.

    • @ABCD1234-user-x3v
      @ABCD1234-user-x3v Před měsícem +1

      @@Bob-wq7lf exactly, but I’ll adjust your comment to say “Buhari & Tinubu’s govt” have given away all our oil for loans.

    • @user-kj3ds1uk9c
      @user-kj3ds1uk9c Před měsícem

      @@ABCD1234-user-x3v wait ooo
      What are they using the loan for abeg...

    • @ABCD1234-user-x3v
      @ABCD1234-user-x3v Před měsícem

      @@user-kj3ds1uk9c to run govt. when Tinubu needs to pay to maintain presidential jet, he uses those dollars, when he wants to pay for hotel in US/France or any other foreign trip he uses those dollars. Some they convert to naira, The rest the pocket. Na only people like us dey find aboki for fx.

  • @Oghenakogie
    @Oghenakogie Před měsícem

    All these ones are non sense.... wheres our rustafa

  • @user-qs8qc9kz2m
    @user-qs8qc9kz2m Před měsícem +2

    This is a great analysis which addresses the solutions that can solve the problem of high prices of food in Nigeria.