Tag: Foodstuff
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Analysis: Prices of Oil, Foodstuffs Escalate as Border Closure Bites Harder
Nigeria’s inflation rose to 11.98 percent in December 2019, driven by increases recorded in food prices as a result of the border closure. Not too long ago, the National Bureau of Statistics (NBS) released a report on selected food price watch for the month. A careful analysis of the report however showed that rice, one…