Nigeria: Food inflation surged from 24.8% to 30.6% in five months since fuel subsidy removal

While many living in Nigeria have already experienced the effects of the fuel subsidy removal on their daily expenses, this chart presents a clearer picture of reality. Will the prices of food items continue to rise? Is there hope of some respite soon?

Source:
National Bureau of Statistics
Period:
Oct 2022 - Sept 2023
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