Tuesday, 16th August 2022
<To guardian.ng
Search
Breaking News:

Food Prices

27 Jan 2020
After the intense year-end/yuletide shopping activities, which expectedly made the prices of goods and services hit the roof, normalcy has since return to the regular markets with the plummeting prices...
26 Jul 2018
The Central Bank of Nigeria (CBN) has directed deposit money banks to increase lending to the agricultural sector to check rising food prices. This followed its 262nd Monetary Policy Committee (MPC) meeting held from Monday, July 23 to Tuesday, July 24, 2018. It pegged the interest rate of such lendings at nine per cent per…
9 Nov 2017
Why are food prices rising in Nigeria, whereas they have been falling globally? First, as an import-dependent economy, the depreciation in the value of the Naira relative to foreign currencies may have resulted in...
17 Sep 2017
Mrs Angela Okonta, a food dealer, told NAN that a sac of garri which was previously sold for N20,000 now sold for 17,000. According to her, a bushel of garri which was sold for N1,000 in June now went for N700.
8 Sep 2017
Frank Jacob, who is the President of the Manufacturers Association of Nigeria (MAN), told the News Agency of Nigeria (NAN) in Lagos that manufacturers were still burdened by high cost of importation.
29 Aug 2017
The Consumer Price Index (CPI) which measures inflation increased by 16.05 percent (year-on-year) in July 2017, even as food price pressure continued into the month under review as all major food sub-indexes increased.
17 Jul 2017
Ogbeh, who stated this in Ado Ekiti at the weekend during his visit to ABUAD’s farm and the Ekiti State government, said the President Muhammadu Buhari administration would stop importation of rice this year.
5 Feb 2017
There is no attempt by the government to regulate prices because it cannot work. What government is worried about is the high cost of transporting commodities in some parts of the country.

Latest

41 mins ago
Nigerian students in Federal government-owned universities will remain out of school as the Academic Staff Union of Universities (ASUU) did not reach an agreement to end the strike. ASUU and the government met on Tuesday but their conversation on ending the ongoing strike ended without an agreement. READ ALSO: We’ll suspend strike if UTAS agreement…
2 hours ago
The Federal Capital Territory Administration (FCTA), on Tuesday, assured that Abuja, the nation’s capital remains the safest and most peaceful city in the country.
3 hours ago
The US has a massive lead in the AI race, powered by big tech companies and AI-specialized startups. Here are some AI heroes of the future
3 hours ago
Former footballer Ryan Giggs admitted Tuesday to being unfaithful in all his past romantic relationships but denied ever being violent towards partners
3 hours ago
Last year's aborted World Cup qualifier between Brazil and Argentina will not be replayed, the two South American countries football associations said on Tuesday.