Tag: Foodstuff Prices

‘Nigeria records highest jump in food inflation since 2016’ – NBS

Aminu Imam

Headline inflation in Nigeria rose to its highest in 37 months in December 2020, according to the latest consumer price index (CPI) report by the National Bureau of Statistics (NBS). The agencys January 15, 2021 report showed that the CPI increased by 15.75% (year-on-year) at the end of last year which was especially affected by the COVID-19 pandemic. While this was 0.86% points higher than the 14.89% recorded in November 2020, the headline inflation only increased by 0.01% on a month-on-month basis, with 1.61% recorded. The CPI measures the average…

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This is not our agreement with Buhari – Zamfara residents lament escalation of foodstuff prices

Ishaku Yohanna

Zamfara state residents have lamented the increase in foodstuff prices saying; this is not our agreement with Buhari before we voted him into power in 2015. The rate at which prices of foodstuffs continue to escalate in the country is now attracting serious attention, while also noting that the federal government has failed to establish a well-coordinated price control agency to regulate prices of foodstuffs in the country. Vanguard reports that an intensive investigation by its correspondent revealed that a bag of foreign rice in Zamfara state is now being…

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