Imported food inflation soars to 42% amidst FG’s duty waiver

Nigeria’s imported food inflation soared to 42.29% in November 2024, as revealed by the Consumer Price Index report from the National Bureau of Statistics.

This marks a sharp increase compared to the 23.74% recorded in November 2023, representing an 18.55 percentage point rise year-on-year.

Imported food inflation soars to 42% amidst FG’s duty waiver …C0NTINUE READING >>>>

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