Food Inflation Worsens, Poised to Exceed 40% Amid Festive Season Pressures
By Elizabeth Adegbesan Food inflation in Nigeria is on the brink of surpassing 40%, as the latest report from the National Bureau of Statistics (NBS) indicates a continued rise in consumer prices. Structural challenges in agricultural production, particularly in the northern regions, combined with increased demand during the festive season and higher transportation costs, are … Read more