Voice for the voiceless
The country is facing food shortages, leading to over 40% food inflation, as reported by the National Bureau of Statistics. In response to the start of the rainy season, the Nigerian Army has deployed troops in several northern states to protect farmers. Major General Edward Buba, Director of Defence Media Operations, stated that troops have…
Nigeria’s headline inflation rate has declined to 33.40% in July 2024, down from 34.19% in June 2024, marking the first decrease since December 2022, when it was 21.34%. According to the National Bureau of Statistics (NBS), this represents a drop of 0.79 percentage points from June 2024. However, on a year-on-year basis, this figure is…
Nigeria has experienced an 11-month consecutive increase in inflation, reaching a new peak in December 2023, as reported by the National Bureau of Statistics (NBS). Rising prices of food and other commodities in the market have been a cause of concern for Nigerians. However, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso,…
