- The price of rice has risen to a new high of N77,000 per bag from N50,000 recorded in December 2023
- The move has made many Nigerians adopt cost-cutting measures to cope with the current crisis
- The Nigerian government has issued a directive to release grains from the reserves to ease the pains
Pascal Oparada has over a decade of experience covering Tech, Energy, Stocks, Investments, and Economy.
Nigerians in their millions are now adopting severe cost-cutting measures to cope with the hardship caused by the astronomical rise in the prices of goods and services in the country.
