Nigeria inflation: Food prices see 40% spike

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Al Jazeera English

Joined: Mar 2024
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Nigeria inflation: Food prices see 40% spike


Nigeria is due to release its inflation figures for April. They are expected to show a 40% rise in food prices. Africa’s most populous nation has suffered violent unrest over food price increases in recent months, including attacks on grain warehouses. Insecurity, a weak local currency and high energy costs are blamed for the price…

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12 Comments

  1. Instead of producing their own processed food they import them from Europe.
    Processed chopped tomatoes, sauce, basic stuff like that is imported.
    Now they're currency is plummeting it makes imports expensive.
    They are led by donkeys.

  2. The government is worried about unregulated crypto trades… They definitely should worry about more important things like getting the Nigerian economy on par with South Africa.

  3. Rich countries donate some food to Nigeria . They are humans also . Don't shout like mad dogs for Gazans only and don't care about the others….

  4. In Egypt when I was there they had big posters up saying two children was enough. Nigeria might need to follow this. The US and Europe can't save the world where everyone is migrated there.

  5. Unless you actually go to Nigeria you will not realize there are two parts to the country, the rich and the very poor. The rich and corrupt will be fine, the poor will suffer. The world the capitalists made for us all to enjoy or suffer depending what the lottery of life gave you