Tag: #NairaStability
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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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NIGERIA TAKES STRONG STEP WITH 15% TAX ON IMPORTED PETROL AND DIESEL TO BOOST LOCAL REFINING
Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA) has praised the Federal Government’s decision to impose a 15% import tax on petrol and diesel, calling it a move that will grow the economy, promote local production, and create jobs for youth. ECCIMA President Sir Odeiga Jideonwo highlighted the negative impact of excessive importation on…
