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…
