Rice soars to N90,000 as Nigeria’s punishing inflation continues
Foodstuff traders in Lagos state have decried the volatility of prices as well as the continued rise in consumer price in the country.
The traders...
IMF calls on Nigeria to tackle hunger, downplays scale of crisis
The International Monetary Fund (IMF) urged the Nigerian government to immediately address growing food insecurity, as Nigerians grapple with a cost-of-living crisis fuelled by...
Plantain 130%, rice 99%…How Nigeria food prices rose in last year
Food prices increased in January by 35.4 percent in the last one year, the fastest pace of food inflation in nearly 30 years, as...
Nigerians decry Tinubu’s no food import decision as hunger mounts
Nigerians have reacted with dismay to President Bola Tinubu's announcement on Thursday, ruling out food imports despite soaring food inflation and widespread hunger.
The decision...
Cost-of-living: Tinubu plans food prices control but no quick relief
The Nigerian government plans to establish a national body to regulate food prices as citizens grapple with the country’s worst economic hardship in a...