Inflation

Pursuant to Sections 17(l) (s),116 (2),124,125,138 and 155 of the Federal Competition and Consumer Protection Act (FCCPA) 2018. Monday, August 12, 2024: In the coming days, the Federal Competition and Consumer Protection…

The President Tinubu-led Administration has unveiled these measures to Overcome High Food Prices across the country: - A 150-day Duty-Free Import Window for Food Commodities: a. suspension of duties, tariffs and…

Nigeria’s annual spending of $20 billion on food imports can be reduced by exploring farming opportunities in the over 80 per cent arable lands in the country, former President Olusegun Obasanjo has said. Speaking during the…

The Federal Government had on May 14, 2024 suspended the controversial cybersecurity levy following wide outcry. And the Central Bank of Nigeria (CBN) also went ahead to withdrawn its earlier circular directing banks to…

From report, the average retail price to refill a 5kg cylinder of Liquefied Petroleum Gas (Cooking Gas) rose by 42.97%, from N4,610.48 in March 2023 to N6,591.62 in March 2024, according to the National Bureau of Statistics (NBS). …

By Comrade Victor Ojei (popularly called Wong Box, Senior Special Assistant to the Executive Governor of Delta State on Civil Society's and NGOs. Feel free to contact us always for your contributions via WhatsApp on 08038785262) …

The recent price hike in cooking gas has made many household result to biofuel as that has been considered cheaper and as a better alternative to cooking gas in Nigeria. Regular cooking gas is no longer affordable to the average man even…

The Central Bank (CBN) Acting Governor, Folashodun Shonubi, has maintained that the decision by the CBN MPC to increase Monetary Policy Rate (MPR) has made a huge difference by moderating inflation. Shonubi is optimistic that…

Following the inflation rate in Nigeria, the World Bank has donated at least $12bn, almost half to Africa, to help beneficiary countries cope with food shortage and hunger rate. According to the new report titled “Food Security…

Recently,  the Chief Executive of the world’s biggest food group Nestle, Mark Schneider said that the ripple effect of high cost of production propelled by global inflation is responsible for the rise in prices within the year. …