#DailyDataCard: Staple food prices rise amid growing hunger (March 2023)
#DailyDataCard: Staple food prices rise amid growing hunger (March 2023)
Tag
.webp)
Under Buhari, Nigeria’s inflation rises to 21.91% as poverty spreads
“Being a businessman who sells unisex shoes, the scarcity of cash is a challenge for me. Where we buy from, they don’t accept electronic transfers. They demand for cash, and if you must do a transfer, you will add pay for charges.”
Amidst Nigeria’s Unending Fuel Scarcity, transport costs and food prices increased in December 2022
The scarcity naturally led to most marketers selling petrol above the official pump price of N169 per litre. Petrol costs as much as N330 per litre in many parts of the country.
.webp)
Nigeria recorded Highest Food Prices in 4 Months this April
The prices of food items in Nigeria has gone up again for the second consecutive month. This was revealed by the National Bureau of Statistics (NBS) in its release of the food price index for April 2022.
Commodity Price Hike amidst Decreasing Purchasing Power
What can the rise in the price of food items and essential commodities tell us? What happens when a global pandemic ravages through a third world country already at the brink of an economic recession? A DATAPHYTE report in June 2020 answers some of these questions.
Increasing Food Prices Threatens the Nutrition Needs of Nigerian Children
There are considerable increases in the price of food items since January 2020. This is according to the data from the April Food Price Watch of the National Bureau of Statistics. On a general note, the report reflected that the price of one dozen egg increased year-on-year by 2.04 percent.