Nigeria’s Food Inflation Rate Rising Rapidly

The National Bureau of Statistics (NBS) said in its May “Specified Food Price Monitoring” report that prices of foods such as tomatoes, rice and yams were rising as the consumer price index continued to rise. According to the report, the average price of a kilogram of tomato rose 17.68 per cent year-on-year, from N423.48 in … Continue reading Nigeria’s Food Inflation Rate Rising Rapidly