
Food Imports Rise 122%, Deficit Hits N4.9trn Despite continuous government efforts to shore up food production in Nigeria through various intervention programmes, the country recorded foods trade deficit worth N4.92 trillion between 2018 and 2022. Available data shows that Nigeria is not growing enough food for the populace, leaving the country with no option but
READ MORE
Nigerians Paid N801.09/litre for Diesel in October – NBS The National Bureau of Statistics, NBS, has disclosed that the average retail price of Automotive Gas Oil, popularly known as Diesel, paid by consumers in October was N801.09 per litre as energy prices continue to soar. Also, Kogi, Plateau, Benue and other North Central States recorded
READ MORE
Cooking Gas Price Jumps by 83% in One Year –NBS The average retail price for cooking gas increased by 83.62 per cent from N2057.71 in March 2021, according to a new report by the National Bureau of Statistics. The report titled, “Liquefied Petroleum Gas (Cooking Gas) Price Watch (March 2022),” indicated that the average price
READ MORE