Imported Food Prices Surge as Nigeria’s Inflation Hits 33.69%

The average price of imported food commodities in Nigeria soared to its highest level, reaching 34% over the past year from April 2023 to April 2024. This marked a significant increase of 200 basis points from the 32% recorded in March 2024, according to the latest Consumer Price Index report released by the National Bureau … Continue reading Imported Food Prices Surge as Nigeria’s Inflation Hits 33.69%