The National Bureau of Statistics (NBS), says prices of selected food items increased in May.
The Federal Government, yesterday, took bold steps to address the astronomical food prices across the federation, planning to “very quickly” convene a meeting of the National Food Security Council (NFSC).
The National Bureau of Statistics (NBS), says the price of selected food items have increased in the last twelve months.
Global food prices reached a 10-year high in 2021, rising by an average of 28 percent compared to the previous year, the UN's Food and Agricultural Organization said Thursday.
26 Jul 2021
Experts in the agricultural sector have identified rising spate of insecurity, misdirection of government funds and poor implementation of interventions by the Federal Government as the leading causes of hike in food prices.
13 Jul 2021
The capacity of many households to purchase daily and essential needs are becoming tougher, going by the erosion in the value of incomes due to high inflation and stagnated earnings, especially among low...
15 Apr 2021
Nigerian inflation rose above a four-year high in March as food prices jumped more than 20 percent, the latest figures published by the National Bureau of Statistics (NBS) have shown. Inflation, in double digits since 2016, reached 18.17% percent, driven by several factors including the dip in the prices of oil, Nigeria’s main export, and…
2 Apr 2021
Two days to the Easter Celebration, prices of perishable food items have soared in major markets in Lagos, the News Agency of Nigeria (NAN) reports.
1 Mar 2021
Prices of fresh produce and food grains have skyrocketed in the southern states as traders from the north have been restrained from moving produce southwards.
30 Dec 2020
The frightening spiralling of food inflation in the country is, no doubt a consequence of the deteriorating state of the Nigerian economy. Considering the significance of food security, and the multiple causative factors including inappropriate ......
7 Jun 2020
For the first time in two years, food prices hit 15.03 per cent in April, the highest since March 2018. The upsurge was largely driven by the coronavirus pandemic crisis, triggering hike in inflation.
30 Mar 2020
Indications emerged yesterday that prices of food items and other materials used in containing the Coronavirus pandemic have risen, even as Enugu residents...