Nigeria’s food inflation has reached an all-time high of 40.87 per cent as the Bola Tinubu-led government embarked on reforms that have spiked the cost of living.
Figures released by the National Bureau of Statistics on Monday show that in June 2024, the headline inflation rate increased to 34.19 per cent relative to the May 2024 headline inflation rate of 33.95 per cent.
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