Food inflation

FMDA Sees Nigeria’s Inflation Rising to 16.42% in April Amid Food, Energy Pressures

May 13, (THEWILL) — Nigeria’s headline inflation rate is projected to rise to 16.42 percent year-on-year in April 2026, according to the latest Inflation Forecast report released by the Financial Market Dealers Association (FMDA). The report, published on May 13...

THEWILL EDITORIAL: Dealing With Food Inflation 

August 04, (THEWILL) — Despite claims by the Federal Government to the contrary, food inflation appears to be on an upward trend. Investigation has shown that the cost of essential food items are still quite high, with many Nigerians...

OPINION: Food Crisis In Nigeria: Matters Arising

Our nation is at a critical juncture where the impact of economic crises, global challenges, tumbling currency, insecurity and climate change is affecting the ability of many citizens to feed themselves. The figures are striking. As of March 2024,...

Economic Hardship: Bayelsa To Reduce Working Hours For Civil Servants

February 27, (THEWILL) - The Governor of Bayelsa State, Senator Douye Diri, has said that his administration is working towards cushioning the effects of the prevailing economic hardship in the country on workers in the state. Senator Diri stated this...

Nigeria’s Inflation Climbs To 29/9% On High Food Prices

February 18, (THEWILL) - Skyrocketing food prices pushed Nigeria’s annual headline inflation rate to 29.90% in January from 28.92% in December 2023, according to the National Bureau of Statistics (NBS) in its latest Consumer Price Index (CPI) report released...

Economic Hardship: Zulum Declares 1-Day Fasting, Prayer Session In Borno

February 18, (THEWILL) - Borno State Governor, Babagana Zulum, has urged residents of the state to fast and offer special prayers on Monday for divine intervention over the current hardship caused by inflation. The governor, in his broadcast to the...

THEWILL EDITORIAL: Nigerians Are Not Smiling Again!

February 11, (THEWILL) - The old and common parlance, suffering and smiling, is no longer applicable to Nigerians. In as much as they try to cope with the burden of daily life, the unending hardships are not helping matters...

NCIN Demands True Federalism, Laments High Rate Of Corruption In Nigeria

February 10, (THEWILL) - As Nigeria battles with economic hardship and insecurity, an advocacy group, the Non-Violence Campaign in Nigeria (NCIN), has called for true Federalism and lamented the increased rate of corrupt practices in the country. Coordinator, Non-Violence Campaign...

BREAKING: Court Gives FG Seven Days To Fix Price Of Goods, Petroleum Products

February 07, (THEWILL) - The Federal High Court, Ikoyi, Lagos, has ordered the federal government to fix the prices of goods and petroleum products, within seven days. The court ordered the Federal Government to fix the price of Milk, Flour,...

Global Food Inflation Remains High – World Bank

February 06, (THEWILL) - The World Bank says inflation in food prices remains high globally. The World Bank declared in its latest Food Security Update report on Tuesday that available data on food prices showed high inflation in low, middle...
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