Analyst say the rise in Nigeria’s food inflation sub-index to 20.6 per cent year-on-year reflects the impact of insecurity in the major food-producing states, as well as disruptions in supply chains. Chike Nwagwu, CEO of Novus Agro joins CNBC Africa to explore Nigeria’s food inflation trend.
Nigeria’s food inflation sub-index crosses the 20% mark
PUBLISHED: Wed, 17 Feb 2021 12:06:28 GMT