Eid-El-Kabir: Nigerians groan over worsening food inflation

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Eid-El-Kabir: Nigerians groan over worsening food inflation
Food Inflation
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Nigerian Muslims faithful joined their counterparts all over the world to celebrate Eid-El-Kabir. The celebration came amid worsening economic hardship and rising food inflation.

Findings by

reports that the rising inflation that peaked at 33.95 per cent in the month of May caused prices to continually increase daily. According to the Nigeria Bureau of Statistics, NBS, food inflation in Nigeria is above 40%, making it extra difficult for many to purchase food items. During a visit to some markets at the outskirts of the Federal Capital Territory, FCT, Abuja,

, said regardless of the appreciation of the Naira against the dollar, the prices of foodstuffs were still exorbitant for the common man. A dealer in pepper and tomatoes, who gave his name simply as Dauda in Mararaba Market, told

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Food Inflation

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