FG’s 150-Day Duty-Free Rice Importation to Lower Prices, Curb Food Inflation
The Federal Government’s 150-day duty-free window to allow the importation of husked brown rice as part of measures to combat ...
Tag: Food inflation
Customs Boss Promises Reduction in Food Prices Amid Ongoing Protests
Authorities of the Nigerian Customs Services, on Tuesday, asked protesters to expect drastic reduction in prices of food items as ...
Staple Food Prices in Nigeria Soar by Over 250% in One Year
The prices of major staple foods in Nigeria such as beans, yam, potato, plantain, and tomato have risen by over ...
Nigeria’s Inflation Rate Hits 34.19% in June 2024, Food Inflation Surges to 40.87%
Nigeria’s inflation rate rose to 34.19 percent in June 2024 — up from 33.95 percent in May. The data is ...
Nigerians Brace for Most Expensive Sallah in Over 30 Years as Inflation Soars
As Sallah approaches, Nigerians, particularly the Muslim faithful, will be struggling with record-high inflation, which has driven up the costs ...
WFP to Review Local Food Procurement in Nigeria Amid Soaring Prices
The United Nations World Food Program (WFP) has stated that it is reviewing its local food procurement and will only ...
FG Announces Plan to Establish Commodity Board to Regulate Soaring Food Prices
The federal government has announced its plan to set up a Commodity Board to regulate the soaring prices of food ...
Inflation in Food Prices Remain High Worldwide- World Bank
The latest Food Security Update report from the World Bank, released on Tuesday, highlights that inflation in food prices remains ...
Inflation Rate in Nigeria increases to 27.33% in October
… As Food Prices surge Nigeria’s headline inflation rate increased to 27.33%, marking an increase from the September 2023 rate ...
Food Inflation Rises By 23.12% In August
Experts across Nigeria have continued to raise concerns over the soaring prices of food and items across the local markets ...
