Tag: #FoodInflation
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NIGERIA’S FOOD PRICES SHOW SIGNS OF RELIEF, DECLINE IN SOME AREAS
Recent reports and market surveys across Nigeria indicate that food prices are beginning to decline in certain regions, providing some relief to households amidst ongoing inflation challenges. This trend is driven by increased supply from recent harvests and government measures aimed at stabilizing prices. In Kaduna, traders and consumers observed a slight drop in the…
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LAGOS LAUNCHES N500 MILLION OUNJE EKO FARMERS’ SUBSIDY PROGRAM TO BOOST FOOD PRODUCTION
The Lagos State government has officially launched the Ounje Eko Farmers’ Subsidy Programme, a massive N500 million initiative aimed at reducing food prices and supporting local farmers. The programme offers a 25% subsidy on poultry and fish feeds, as part of efforts to stabilize food supply and curb inflation ahead of the festive season. Commissioner…
