The National Bureau of Statistics has said that the prices of food rose in June, 2021.This was according to the Executive Summary of the “Selected Food Price Watch” report released by the bureau.Recall that Read More
Tags :Food inflation
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As Nigeria gradually heals up from the impact of the COVID-19 pandemic on its economy, Nigerians are still finding it difficult to adjust to the skyrocketing prices of food stuff despite key indicators showing a Read More
The National Bureau of Statistic has said in a new report that the prices of beans and garri drove annual food inflation in May 2021.According to the ‘Selected food prices watch for May 2021’, there Read More
The 2021 Global Report on Food Crises has stated that Nigeria is among six countries in Africa with the worst food crises and some 13 million Nigerians risk falling into acute food insecurity.The GRFC is prepared Read More
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Nigeria’s agricultural sector might begin to plunge in its growth owing to recurrent insecurity challenges emanating from different parts of the country.The impact of these insecurity challenges, just like the COVID-19 pandemic, are Read More
A worldwide coalition of non-governmental organisations and Civil Society Organisations has raised concerns over the increasing number of people, estimated at 270 million, facing starvation globally.The group under the aegis of the International Council of Read More
The inflation rate in Nigeria has increased to 18.17 percent in March 2021. This is the highest level recorded since January 2017.According to the Consumer Price Index of March 2020 published by the National Bureau of Statistics (NBS), Read More
Nigeria’s apex bank has announced a ban on the importation of sugar and wheat to the nation’s foreign exchange markets is in works.The prices of sugar and wheat are now expected to Read More
The Central Bank of Nigeria has said it’s disbursed N1.487 trillion under its various agricultural programmes to boost food security.Emefiele said that the apex bank disbursed N107.60 billion to 548,109 farmers cultivating 703,619 hectares of Read More
Nigeria’s inflation rate has risen to 17.33 percent in February 2021, from 16.47 percent recorded in January 2021.This, according to the latest inflation report published by the National Bureau of Statistics, represents the highest inflation rate recorded Read More
