In light of the recent hike in petrol prices and ongoing food supply challenges facing the country, economists have cautioned that the number of Nigerians living below the poverty line could soon surpass the 104 million projected by the World Bank for 2023.
Economists Urge FG to Implement Measures to Control Rising Inflation
Economists have called on President Muhammadu Buhari’s regime to implement complementary fiscal measures to boost the food supply and address the rising inflation in the country.
They made the suggestions in separate interviews in Lagos while...
18% Rate: Economists Fault MPC Over Increase
Economists have faulted the Monetary Policy Committee of the Central Bank of Nigeria over its decision to increase the benchmark interest rate by 50 basis points to 18 per cent from 17.5 per cent.
The experts spoke in reaction...
Economists Urge Nigeria to Sign AfCFTA
Nigeria has been called upon to reconsider its reluctance to sign the African Continental Free Trade Area (AfCFTA) agreement, some economic analysts said in separate interviews in Addis Ababa.
The analysts argued that AfCFTA is in the national interest of...
