Despite the disbursement of N1.09 trillion in eight years by the Central Bank of Nigeria (CBN) to boost staple foods production in the country, the average prices of yam, rice, and garri have risen the most during the period, according to data from the National Bureau of Statistics (NBS).
Prices of the three products have risen by over 200 percent in the last eight years, contributing significantly to the surge and double-digit growth in headline inflation over the period.
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