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People Talk: On 40 percent food inflation despite Naira appreciation

People Talk: On 40 percent food inflation despite Naira appreciation

At the backdrop of sustained rise in prices of staple food items in the market, Nigeria has recorded an unprecedented food inflation rate of 40 percent in March 2024. Economists and financial analysts explained that the development would put more pressure on the purchasing power of average Nigerian and they also predict that the trend […]

People Talk: How is the new electricity tariff and band rates in your area

People Talk: How is the new electricity tariff and band rates in your area

About two weeks after the Nigerian Electricity Regulatory Commission (NERC) approved an increase of 300 percent in electricity tariff for Band A consumers, Nigerians are still complaining that it has not translated to improved power supply. some communities have approached their respective DISCOs, requesting to be downgraded to Band B. People talk took to the […]

FG Increases Electricity Tariff To N225kwh

FG Increases Electricity Tariff To N225kwh

The Nigerian Electricity Regulatory Commission (NERC) has ordered the immediate upward review of electricity tariffs from Wednesday, 3 April. According to Nerc, they explained that only electricity customers in Band A would be affected by the increase. Band A customers are offered an average daily electricity supply of 20 hours, although many complain they do […]