‘Hyper Inflationary Trend Bitting Economy Is Squeezing Life Out Of Businesses’ 

 Abuja Chamber of Commerce and Industries, ACCI, has said that the high cost of production arising from hyper inflationary trend in Nigeria is bitting economy is squeezing businesses in the country. 

Dr Emeka Obegolu,President, ACCI, in a statement asserted that the present inflation is really driving down businesses negatively and decried the daunting challenges experienced by entrepreneurs, with a surge in food inflation reaching 33.93 per cent that had worsen the situation. 

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