Inflation: Nigeria Has Surpassed 16.0% Rate 25 Times In 88 Months

 Inflation: Nigeria Has Surpassed 16.0% Rate 25 Times In 88 Months

The National Bureau of Statistics has published that the consumer price index for April 2022 increased to 16.82 percent  on a year-on-year basis. The recent figures are 1.3 percent points lower compared to the rate recorded in April 2021 (18.12) percent but 0.9 percent higher than March 2022.  According to…

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Kehinde Ogunyale

Freelance Investigative and Data Journalist

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