BREAKING: Nigeria’s Inflation Surges Further, Hits 28.92%

The report, released by the statistics bureau on Monday, detailed that food inflation also rose to 33.93 per cent from the 32.84 per cent recorded in November 2023.

Naija News reports that the bureau further detailed that on a year on year basis, the country’s inflation rose by 7.58  per cent from the 21.34 per cent recorded in December 2022 to 28.92 per cent in December 2023.