food prices

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Reps’ bill seeks to compel FG to regulate food prices, others

Reps’ bill seeks to compel FG to regulate food prices, others

By Tordue Salem A proposed law to compel the Executive Arm of government to regulate prices of food and other items, in order to guarantee food security and lessen the economic hardship on majority of Nigerians, is underway in the House of Representatives. The Bill seeking that regulation, as Exclusively obtained by VANGUARD, is entitled: […]

Food prices push inflation to 17.33%

Food prices push inflation to 17.33%

By Emmanuel Elebeke The National Bureau of Statistics, NBS, says the consumer price index (CPI) which measures inflation increased by 17.33 per cent (year-on-year) in February 2021. The rise is 0.86 per cent points higher than the rate recorded in January 2021 (16.47) per cent. In its monthly report released on its website, the bureau […]