Nigeria’s inflation has risen to a new 29-year high of 33.2 percent in March 2023 from the 31.70 percent recorded in the previous month.
This is according to the latest data from the National Bureau of Statistics, which was released on Monday.
Also Read:
- Southwest governments lack power to stop Shari’ah panels, says Kwara Judge
- Kaduna University ASUU suspends strike
- Tinubu congratulates Daniel Bwala on 50th birthday
- Inauguration: Aiyedatiwa grants pardon to 43 inmates
- Nine killed, three injured as bus ran into truck on Lagos-Ibadan road
The last time Nigeria’s annual inflation rate soared to the current levels was in 1996.