Rewane predicts new prices for bag of rice, bread, other food items in Nigeria

Rewane predicts new prices for bag of rice, bread, other food items in Nigeria

NAIJA NEWS

Prominent Nigerian economist, Bismark Rewane, has predicted a fall in the price of food items such as rice, bread and others in the coming days.

Rewane said the policies of the Central Bank of Nigeria (CBN) are sure to yield positive results for the economy.

In his view, food and core inflation are beginning to show signs of improvement.

He pointed out that the cost of a bag of rice is on the downward trend at the moment, and he predicted a further reduction after the Ramadan fast.

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Rewane predicts new prices for bag of rice, bread, other food items in Nigeria

 

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