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…
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…
Nigeria’s headline inflation rate rose to 34.60% in November 2024 from 33.88% in October 2024, the National Bureau of Statistics (NBS) revealed Monday. The November inflation rate showed an increase of 0.72% points compared to the October 2024 inflation rate, according to NBS’s latest Consumer Price Index (CPI) report which measures the rate of change…
