Nigeria's Inflation Hits 32.7%: Fuel Prices Fuel Economic Strain
Nigeria's Inflation Hits 32.7%: Fuel Prices Fuel Economic Strain
Nigeriaβs inflation rate surged to 32.7% in September 2024, marking a significant rise from 32.15% in August, as the National Bureau of Statistics reported. This increase follows two months of decline and highlights the persistent price pressures driven mainly by soaring petrol prices, raising transportation and production costs nationwide….
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Nigeria has huge oil and gas reserves but Nigerians are living in poverty. The biggest problem in Nigeria is their corrupt government from top to bottom. It is shameful and pity.