Nigeria's inflation rate is now at 33.69% - April 2024. The highest in 28yrs (since Mar 1996). Since the turn of the new year, the naira, which was floated almost a year ago has witnessed a dramatic depreciation, leaving a devastating mark on organised businesses across the board.
The prices of staple foods like beans and maize have increased by 300 to 400 per cent over the past year following the removal of the fuel subsidy and the depreciation of the naira. Inflation is outpacing the ability of families to cope, making essential food items unaffordable.
“One Year Of Tinubu - Leadership News”It wasn’t five months after President Bola Ahmed Tinubu took office when folks started asking, how far? In middle class and elite social circles in Nigeria,