Hunger Looms As Food Prices Spike

Hunger Looms As Food Prices Spike

BY KINGSLEY OKOH, ABIODUN SIVOWAKU and TOLUWALASE OLADIPO, Lagos

With food inflation leaning at a tipping point of 23 per cent amid the recent 18.17per cent inflation figure released by the Nigerian Bureau of Statistics (NBS), tougher times now await Nigerians, LEADERSHIP  Sunday can now reveal.

The  prices of foods, according to LEADERSHIP Sunday investigations, have increased in upward trajectory as the masses battle low purchasing power, hence, many households whose earnings and wages have been cut down by the inflationary trends cannot afford…

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