Will Nigerians feel projected inflation drop in their pockets?

There has been a flurry of projections all pointing towards a decline in inflation this year but Nigerians are wondering if the slowdown will be a mere statistical decline or if it will lead to lower prices. Drawing on historical data, expert insights, and real-world examples, falling inflation indicates price stability but does not guarantee a return to previous price levels. Historical data from the past 17 years (2008–2024) reveals that inflation has decreased only five times—2011, 2013, 2014, 2018, and 2019. During these periods, pric