• Inflation Hits Highest Point Since Obasanjo’s Presidency – NBS Report

    Inflation Hits Highest Point Since Obasanjo’s Presidency – NBS Report

    Inflation in Nigeria seems to be on a record-breaking high as the Nigerian masses gnash teeth in pain.

    The consumer price index (CPI) measuring inflation in the Nigerian economy rose to its highest point since former President Olusegun Obasanjo’s days as the first citizen of Nigeria.

    The inflation report released by the National Bureau of Statistics (NBS) shows that inflation for the month of June spiked to its highest point since October 2005 — 11 years.

    Inflation rose from 15.6 percent in May […]