Rising Transport Cost Deepen Nigeria’s Cost-Of-Living Crisis— IMF

The International Monetary Fund (IMF) has cautioned Nigeria’s cost-of-living pressures, intensifying as surging transport expenses drive food inflation, while limited fiscal capacity restricts government intervention. The Director of the African Department IMF, Abebe Selassie, gave the warning during the African Department media briefing on the Sub-Saharan Africa’s regional economic outlook at the IMF/World Bank Spring […]

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