Imported Food Inflation Surges to 42% Amid Delays in FG’s Duty Waiver
Nigeria’s imported food inflation reached a staggering 42.29% in November 2024, according to the latest Consumer Price Index report from the National Bureau of Statistics. This sharp rise reflects a significant jump from the previous year when inflation was recorded at 23.74% in November 2023. The 18.55 percentage point increase highlights the growing pressure on … Read more