Food prices
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Rising services prices were behind the boost in the December inflation figure, although they were offset by a fall in food, alcohol and tobacco prices. The year-on-year eurozone inflation figure for December has confirmed preliminary estimates coming in at 2.4%, according to Eurostat. That was the third consecutive month of growth and, in contrast with…
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Six months after the Nigerian government made a pledge to ameliorate high food prices, the citizens are yet to see the fruit of the intervention. MEZIESBLOG recalls that the government had in July 2024 unveiled what it called strategic measures to combat high food prices. The Minister of Agriculture and Food security, Abubakar Kyari, announced…
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Farmers and community leaders in parts of the Cross River northern senatorial district have lamented excessive extortions by government agents and the terrible state of evacuation roads for farm produce. Agriculture is the main source of income in the northern area, including Yala, Ogoja, Obudu, Bekwarra, and Obanliku. Farmers, in different interviews, said excessive extortion…
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The National Bureau of Statistics (NBS) said that inflation surged to 25.80% in August. The report said that food and transportation costs were mostly affected in the month of August, an indication that there is a 5.27% rise in inflation within Nigeria on yearly basis. Nigeria’s inflation surged to 25.80% in August, according to the…
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