Home Business Rising Food Prices: Nigeria’s Inflation Rate Hits 34.19% – Report

Rising Food Prices: Nigeria’s Inflation Rate Hits 34.19% – Report

by Editor


ABUJA – Finally, Nigeria’s inflation figure has reached a new high, hitting 34.19 % for June 2024, according to the latest data from the National Bureau of State Statistics (NBS).

The development comes amid the rising cost of food items across the country which has pushed basic commodities beyond the reach of millions.

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