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Rising Food Prices Fuelling Inflation In Nigeria, Others – IMF

Rising Food Prices Fuelling Inflation In Nigeria, Others – IMF     The International Monetary Fund says rising food prices is the major factor fuelling inflation in Nigeria and other Sub-Saharan African countries. According to the body, inflation is rising around the world, but because food accounts for...

Food Prices Rose In April Despite Fall In Inflation

Food Prices Rose In April Despite Fall In Inflation       The prices paid by consumers for rice, egg, tomatoes and yam rose in April despite 0.91 month-on-month (MoM) fall in food inflation sub-index during the period. Similarly, transport fare for bus, air, motorcycle and waterway journeys increased...

Prices Of Rice, Others Rose In March — NBS

Prices Of Rice, Others Rose In March — NBS       The National Bureau of statistics , NBS, said the prices paid by consumers for rice, eggs, tomato and yam rose in March. This corresponds with the Bureau’s March inflation report which stated that the composite food index...

Food Inflation Rises By 20.6% As Price Increases Persist

Food Inflation Rises By 20.6% As Price Increases Persist       Increases in the prices of basic food items continued for the 17th consecutive month, prompting the Food inflation to hit 20.6 per cent in January, the highest since September 2019. Consequently, the nation’s annual inflation rate also...

Food Prices: Roots and Tubers To The Rescue

Food Prices: Roots and Tubers To The Rescue By Salisu Na'inna Dambatta         The other day the National Bureau of Statistics (NBS) while reporting the current inflation rate, indicated that despite the huge effort to boost productivity in the agriculture sector, the prices of food appreciated and...

Food Prices Rising, Household Incomes Precarious – NBS

Food Prices Rising, Household Incomes Precarious – NBS       The prices of most food items increased in November this year, while the incomes for many households are still in precarious situations, the National Bureau of Statistics has said. In its Selected Food Prices Watch for November 2020,...