The consumer price index, which measures the rate of increase in the price of goods and services, increased to 17.33 percent in February. This is the highest point since April 2017. According to the CPI/Inflation report released by the National Bureau of Statistics (NBS) on Tuesday, the food inflation stood at 21.79 percent, the highest point since the 2009 data series began. According to the NBS, food inflation also grew by 21.79 percent year-on-year compared to 20.57 percent recorded in January. The headline inflation for month-on-month also increased to 1.89 percent from 1.83 percentage points. It explained that the upward movement in food inflation was caused by increases in the prices of bread, cereals, fish, potatoes, yam and other tubers, vegetables, meat, oils and fats, fruits and ...
The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to address the supply side variables impacting domestic prices. The post Lagos chamber advises central bank on tackling inflation appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Plateau State government has denied the allegation of taking $350m African Development Bank, AfDB loan saying such allegation is frivolous as the government only took $11.2 million of which, 70% of the amount is being committed to infrastructure, 20% to capacity building and 10% for project management. A former Minister of Youth and Sports, Solomon Dalung, last Thursday at a webinar discussing why Plateau State lost its relevance at the national stage, accused the Governor, Simon Lalong of non-performance despite taking loans that have no impact on the lives of citizens. Dalung said, “$350 million (N140 billion) was approved for the Plateau State governemnt by the Federal Executive Council for the purpose of the potato value chain. I was a serving Minister at the time, so I was part of tha...