…report pointed to a broad stabilisation in headline inflation but warned that rising food prices remained the biggest threat to households. Yusuf noted that while headline inflation eased marginally from 15.93 per cent in May to 15.91 per cent in June, the acceleration in food inflation showed that structural pressures…
…at their retail outlets. It also had negative effects on other essential products; food prices skyrocketed. They went up by an average of 15 per cent in Africa. I must say the effects are quite enormous. Now that the war is winding down, I am hoping that there will be a high level of ease in the petroleum market across…
…National Bureau of Statistics also reported a June headline inflation rate of 15.91%, as food prices continue to rise, petrol sells above ₦1,100 per litre, transport costs remain high, and the ₦70,000 minimum wage cannot sustain a family anywhere in the country. The address reads in part, “Nigeria’s 2026 flood outlook…
…a serving public official. Some also linked the controversy to Oshiomhole's comments on food prices at the time. Responding to the viral clip, Senator Adams Oshiomhole, through his media aide, Oseni Momodu, denied its authenticity, describing it as a poorly crafted, AI-generated, and fabricated video intended to blackm…
…would place an additional financial burden on parents already struggling with rising food prices, inflation and the high cost of living. "Parents are already battling to provide food for their families, not to mention quality education. At a time like this, increasing examination fees is simply not right. Rather than e…
…was placing more pressure on households already battling inflation, rising food prices, transportation costs, electricity tariff hikes and unemployment. “It is unconscionable that at a time when Nigerian families are battling record inflation, soaring food prices, rising transportation costs, crippling electricity tari…
…economies are likely to face greater pressure from higher energy and food prices, while some larger economies continue to benefit from earlier stabilisation and reform efforts despite missing out on much of the global artificial intelligence-driven technology boom.Globally, the IMF revised its 2026 growth forecast down…
…who argued they downplayed the country's economic hardship amid rising inflation, food prices and unemployment. The First Lady later defended the comments, saying the Federal Government's empowerment initiatives extended beyond akara sellers to include traders dealing in tomatoes, pepper, vegetables and roasted plantai…
…Mrs Bimbo Adelaja said the rising cost of stockfish reflected the broader increase in food prices. According to her, the prices of many food items rise periodically due to seasonal and supply challenges. "What I do is look for alternatives. When prices come down, and the product is readily available, I buy in bulk. Tha…
…are no jobs is not an economic success story. A mother hawking under the sun because food prices have doubled is blackmail, not "empowerment." What are the Nigerian people asking for? Leadership. And it is not complicated.
…as evidence of delivery. Critics note that fuel prices have risen by 463 per cent and food prices more than doubled in the first three years of his tenure, triggering a cost-of-living crisis. What slogan 2027 will carry is not yet fully known. But the issues beneath it - electricity, security, jobs, restructuring, agri…