The recent adjustment to Nigeria’s official inflation figures is generating debate about the consequences of the exercise and its impact
A recent United Nations report indicates that approximately 33 million people in Nigeria are currently at risk of food insecurity.
Inflation’s steady march lower continued in August 2024, with the Bureau of Labor Statistics reporting a year-over-year increase of 2.5%.
Key Points Headline inflation increased to 34.19% in June 2024 from 33.95% in May 2024, marking a 0.24% month-on-month rise.
President Tinubu’s policies do not create prosperity. Instead, they pauperise the poor and bankrupt the rich. They spare no one.
A kilogram of chicken wings went up 37% from N1382 to N1,900, while chicken feet went up almost 50%
Insecurity, cost of dollar-linked inputs, technology-light farming and insufficient rainfall is stoking food-price inflation in Nigeria. According to the Consumer
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