BREAKING: Nigeria’s Inflation Hits 22.41% Amid Petrol Subsidy Removal

Subsidy Removal: NLC Blasts FG's Move For ₦‎500bn As Palliatives

Nigeria’s inflation, which measures the rate in prices of goods and services, has risen to 22.41 percent in May 2023. This is amid the petrol subsidy removal.

In a report cited by BizWatch Nigeria, the NBS disclosed that the consumer price index (CPI) hit the figure last month, up from 22.22 percent in the previous month.

More to follow…

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