About: http://data.cimple.eu/claim-review/821a1adba16c11c59228b930bbc392fd36deea92efb787308cb49f93

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/claim-review/821a1adba16c11c59228b930bbc392fd36deea92efb787308cb49f93 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:ClaimReview, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:ClaimReview
http://data.cimple...lizedReviewRating	not verifiable
schema:url	http://factcheckhub.com/did-nigerias-inflation-rate-trend-downwards/
schema:text	The Vice President of Nigeria, Yemi Osinbajo on Monday, October 11, 2021, said Inflation in the country trended downwards over the last five months. This statement generated murmurs as it was made on the heels of rising cost of living in Nigeria. In September, for instance, the cost of cooking gas rose by over 10 percent in less than two months. THE CLAIM Inflation in Nigeria trended downwards over the last five months. THE FINDINGS Osinbajo who spoke during the Mid-Term Ministerial Performance Review Retreat, said “inflation has trended downwards over the last five months falling into about 17 percent during the second quarter of this year although food inflation as you know is still very troubling and food production and supply has been affected by security challenges.” Findings by The FactCheckHub show that there was a slight decrease in inflation within the reference period. Data from the Nigerian Bureau of Statistics show that Nigeria’s annual inflation rate eased for a fifth straight as at when Osinbajo made the statement. It reduced to 17.01 per cent in August 2021, from 17.38 per cent in the the pervious month, July. It was the lowest inflation rate since January despite the naira’s exchange rate falling at the parallel market. This was the trend April to August as the preceding months all showed reduction. Data released by the NBS after Osinbajo’s statement showed a continued downward trend of inflation to the sixth month. September recorded 16.63 per cent, from 17.01 per cent in August. This represents a 0.38 per cent points drop from the previous month. THE VERDICT The claim that Nigeria’s inflation trended downwards over the last five months is TRUE.
schema:mentions	Yemi Osinbajo National Institute of Standards and Technology Exchange rate Nigerian naira Inflation Nigerians Nigeria Vice President of Nigeria Grey market dbpedia:The_Verdict
schema:reviewRating	The Claim is True.
schema:author	factcheckhub
schema:datePublished	2021-10-16 (xsd:date)
schema:inLanguage	English
schema:itemReviewed	http://data.cimple.eu/claim/8891ca2bfbbcceff8aaee2932ae4d2ff83524bcffc75b8f467c34989

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software