Rising food prices: Nigeria sitting on a keg of gunpowder —Experts
Share Experts across the nation’s economic sectors have stated that the country might be playing with serious food crisis, if it fails to address, very quickly, the rising food inflation being witnessed in the country. Recently, the National Bureau of Statistics (NBS) put the country’s annual inflation rate at 16.47 per cent in January 2021, the highest since 2017; while food inflation hit an over 12-year high of 20.57 per cent. Nigerian Tribune findings revealed that prices of foodstuffs, as well as other items, have been on a steady rise for over five years with some of them going up b...
Source: tribuneonlineng.com