Food Inflation

Former Nigerian President, Olusegun Obasanjo, has suggested possible solutions on how President Bola Tinubu’s administration can alleviate the ongoing economic crisis in the country. Newsindicator reports that Obasanjo, who was…

Nigeria’s annual inflation rate rose to 29.90 per cent in January from 28.92 per cent in December 2023, the National Bureau of Statistics (NBS) said Thursday. The statistics office said the January 2024 headline inflation rate showed an…

The Minister of Agriculture and Food Security, Senator Abubakar Kyari, says the current food inflation experienced by Nigeria is caused by the market forces of demand and supply and not lack of availability. But he said the 42,000…

The federal government says it plans to set up a commodity board to regulate the soaring prices of food in the country. Vice President Kashim Shettima disclosed this on Tuesday at a two-day high-level strategic meeting on climate change,…