Prices of Garri, Fufu, and others drop as Nigeria’s food inflation falls
The reduction in the prices of Garri, Akpu(fufu), milk, and other items pushed Nigeria’s food inflation to fall by 39.53 percent in July 2024 from 40.87 percent in June of…
Inflation is coming down, Nigeria’s economy heading in right direction– Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has declared that Nigeria’s economy is experiencing an appreciable growth that may see the high inflation in the…
Makinde Takes Bold Steps Against Food Price Hike, Suspends Revenue Collection on Agric Products As He meets Oyo Farmers
By Sulaimon Sheriff Makinde meets agric stakeholders, declares measures to address rising food prices in Oyo.Suspends revenue collection on agric produce.To subsidise land clearing, provide haulage trucks, tractorsOyo State governor,…
BREAKING: Cement price to drop to N7000
Cement manufacturers have agreed to bring down the price of the product to between N7,000 and N8,000 per 50kg depending on the location nationwide. During a meeting initiated by the…
BREAKING: Nigeria’s Inflation Rate Rises To 29.90%
In January 2024, the headline inflation rate increased to 29.90% relative to the December 2023 headline inflation rate which was 28.92%, a report by the National Bureau of Statistics has…
BREAKING: Tinubu directs release of 102 metric tons of food items
By Sulaimon Sheriff President Bola Tinubu has directed the immediate release of over 100 metric tons of assorted food items from the strategic reserve and the Rice Millers Association of…