Some consumers of confectionaries in Bwari Area Council of the FCT, have stopped buying bread, meat pies and other pastries, due to continuous hikes in the price of the commodities.
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In Sokoto State, the cost of fresh vegetables has soared, impacting household staples like spinach stew, tomato stew, and other common dishes.
Sokoto grasshopper sellers are facing significant hurdles due to seasonal and weather-related factors, impacting both supply and demand.
“This means that in June 2024, the rate of increase in the average price level is higher than the rate of increase in the average price level in May 2024,” the agency said.
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 33.20 per cent in March 2024.
A financial expert, Mr Eddie Osarenkhoe has advised the Federal Government to come up with a deliberate fiscal policy to stem inflation.
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 31.70 percent in February 2024.
ASHENEWS reports that smallholder business women and men in Sokoto state have revealed that several households are currently grappling with the daily increase of essential food items, a situation that has plunged countless households into a financial and dietary crisis.
ASHENEWS reports that the Central Bank of Nigeria (CBN), Governor, Olayemi Cardoso, has described his job as world’s second most difficult.
Insecurity and inflation, among other hurdles, may delay Nigeria’s progress towards achieving the 17 Sustainable Development Goals (SDGs), according to…