Home NewsBusiness Food Prices Rose To The Highest In Years In October 2020- NBS

Food Prices Rose To The Highest In Years In October 2020- NBS

by Anita Ogona

Food Prices has Continued To Surge, despite the allege opening of the boarders,while some attributed the increases in perishable food items to the recent hike in fuel prices, Banditry that has prevented farmers in the core North from going to farms to cultivate products,others says it is poor economic polices of the government

Nigeria’s inflation rate rises to more than 14 percent as the cost of food surged. Consumer prices in Nigeria has rose to the highest level.

The rise in the food index was caused by increases in prices of Bread and cereals, Potatoes, yam and other tubers, Meat, Fruits,

The Abuja-based National Bureau of Statistics said in a report published on its website Friday. Prices rose is the highest in years.

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