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Tinubu Approves N50,000 Grant and N155bn Food Package for Households
President Bola Tinubu President Bola Tinubu has approved the National Construction and Household Support Programme during the National Economic Council (NEC) meeting on Thursday in Abuja. A statement issued by presidential spokesman Ajuri Ngelale detailed that the programme aims to boost agricultural productivity, strengthen the economy, and provide immediate economic relief for Nigerian households. Ngelale […]
Nigeria suffers highest inflation rate since March 2018
Nigeria’s inflation rate grew to 12.82% (year-on-year) in July, compared to 12.56% recorded in June 2020, the statistics office said on Monday. The National Bureau of Statistics report shows that July Consumer Price Index rose by about 0.26 percent points higher than the 12.56 per cent recorded in June, indicating the highest rate since March […]