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Nigeria’s imported food inflation hit 42 per cent in November 2024, according to the Consumer Price Index report released by the National Bureau of Statistics. This amounts to a significant rise from 23.74 per cent recorded in November 2023, marking an 18.55 percentage year-on-year increase. On a month-on-month basis…
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Imported food inflation surges to 42% as FG’s duty waiver yet to come on stream
Nigeria’s imported food inflation hit 42 per cent in November 2024, according to the Consumer Price Index report released by the National Bureau of Statistics. This amounts to a significant rise from 23.74 per cent recorded in November 2023, marking an 18.55 percentage year-on-year increase. On a month-on-month basis…