EKO HOT BLOG reports that residents of Minna, the capital of Niger State on Monday morning blocked main roads in the city to protest the high cost of living. Women and young people were among the demonstrators heard shouting protest songs while police officers and other security personnel observed the situation. EDITOR’S PICKS [JUST IN] Rerun: … Read more
The NBS says the prices of tomato, rice, and others rose in September. Eko Hot Blog reports that the National Bureau of Statistics (NBS) said that the prices of selected food items increased in September. EDITOR’S PICKS Why CBN’s Naira Redesign Plan May Hurt Nigeria’s Currency – Moghalu Finance Ministry Opposes Emefiele’s Plan To Redesign … Read more
Nigeria’s inflation rate has soared to 20.77% amid a disruption in the supply of food products. Eko Hot Blog reports that the Consumer Price Index (CPI), which measures the rate of change in prices of goods and services, rose to 20.77 percent in September 2022, up from 20.52 percent in August. EDITOR’S PICKS 2023: Tinubu, … Read more
The headline inflation rate slowed down in March 2022 when compared to the same month in the previous year The agency blamed the rise in the food index on increases in prices of bread and cereals, food products, potatoes, yam and other tubers, fish, meat, oil and fat EDITOR’S PICK JUST IN: Heavy Security Presence … Read more
“There is also insecurity. For instance Maiduguri we used to have dry pepper from Maiduguri that covers up this scenario but if you don’t have tomato, you go for the dry tomato, you go for dry things. The Chairman of the popular Mile 12 International Market in Lagos, Shehu Jubril, has given an insight into … Read more
Attacks on farms, forex scarcity and naira devaluation have contributed to seeing local food demand outweighing production… Nigeria’s inflation rate fell for the second consecutive month in May to 17.93 per cent from 18.12 per cent recorded a month earlier. The National Bureau of Statistics (NBS), onTuesday, said that the prices of goods and services, … Read more
The Presidency has on Friday declared that the prices of food items in the country are dropping as a result of the agricultural reforms of the regime of the President, Muhammadu Buhari. The President’s Senior Special Assistant on Media and Publicity, Garba Shehu, said this during an interview on Channels Television’s Sunrise Daily programme. The … Read more