Tag: Rising Food Inflation
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FG announces suspension of taxes on maize, rice, others
In its bid to tackle food inflation in the country, the federal government on Monday announced that certain food commodities imported via land borders will no longer incur charges, levies, or taxes.
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Analysis: Amidst fuel hardship, food prices continue to soar in Nigeria
In the wake of the removal of fuel subsidy by President Bola Tinubu’s administration, Nigerians are grappling with an escalating challenge as food prices continue to soar. The combination of fuel hardship caused the removal of subsidies has had a significant impact on transportation costs, resulting in a sharp increase in the prices of essential…