Africa: Things not going well: Nigeria food inflation goes above 20% – White Farmers?
[There are no White farmers to bail them out! This is West Africa. No whites there!!! Jan]
Nigeria’s food inflation sub-index crosses the 20% mark
Analyst say the rise in Nigeria’s food inflation sub-index to 20.6 per cent year-on-year reflects the impact of insecurity in the major food-producing states, as well as disruptions in supply chains. Chike Nwagwu, CEO of Novus Agro joins CNBC Africa to explore Nigeria’s food inflation trend.
Source: https://www.cnbcafrica.com/2021/nigerias-food-inflation-sub-index-crosses-the-20-mark/