Food inflation: NSA, 36 states launch joint action

The 36 state governors have pledged to collaborate closely with the Federal Government to harmonize levies, eliminate illegal checkpoints, and improve the free movement of goods across state lines. This initiative is part of a broader strategy to tackle the country’s escalating food security challenges. Chairman of the All Progressives Congress (APC) Governors’ Forum and…

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Imported Food Inflation Reaches 42% due to Delays in FG’s Duty Waiver

According to the Consumer Price Index report released by the National Bureau of Statistics, Nigeria’s imported food inflation surged to 42.29 per cent in November 2024. This represents a significant rise from 23.74 per cent recorded in November 2023, marking an 18.55 percentage point year-on-year increase. On a month-on-month basis, the inflation rate increased from…

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