Inflation rises in Nigeria amid fuel scarcity and insecurity - Al Jazeera English

5/16/2022 12:00:00 AM2 years 11 months ago
by Al Jazeera
by Al Jazeera
The hike in inflation means purchasing power of Nigerians, some of whom live on $50 monthly minimum wage, is declining.
Inflation in Africas most populous country soared to 16.8 percent in April, driven by fuel price increases and accelerating costs for food, including bread and cereals, newly released data from Niger… [+3487 chars]
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