Amidst the crippling inflation driven by rising cost of food items across the country, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has declared that Nigeria’s economy is actually experiencing an appreciable growth that would lead to drop in the inflation in the coming months.
Edun gave the assurance when he featured in a Channels Television’s programme, Politics Today.
The National Bureau of Statistics had reported in its April’s consumer price index that Nigeria’s inflation rate rose to 33.20 percent in March — up from 31.70 percent in February while food inflation also surged to 40.1 percent during the period.
