NBS report on soaring food prices, other items verdict on Tinubu’s rule

  • 📰 vanguardngrnews
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 75%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The Labour Party has said the report of recently released by the National Bureau of Statistics, NBS, detailing soaring food prices as well as rising cost of goods and services is a stark reflection of how badly the Bola Tinubu- led administration has ran the economy.

National Publicity Secretary of the Labour Party, Obiora Ifoh said this in a telephone interview with Vanguard, in Abuja, on Monday.

He said, “The recently released NBS report pegging the national inflation rate of food prices and other items at 26.72 per cent, is simply a reflection of how badly the Tinubu administration has failed since taking over albeit temporarily on May 29, 2023. “The truth is, you can’t give what you don’t have. He has recruited more image makers than people who can properly manage the economy. What we have is a trial and error administration. The facts on ground speaks for itself. God help us. “BREAKING: 27 women, 4 boys kidnapped in Southern Kaduna

Source: Financial Digest (financialdigest.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NBS: Inflation rises to 26.72% in September 2023The Nation Newspaper NBS: Inflation rises to 26.72% in September 2023
Source: TheNationNews - 🏆 6. / 69 Read more »

NBS: Food, fuel push inflation to 26.72% in SeptemberThe Nation Newspaper NBS: Food, fuel push inflation to 26.72% in September
Source: TheNationNews - 🏆 6. / 69 Read more »

NBS survey to assess Nigeria’s fight against corruptionThe NBS says the insights gathered from the corruption survey would guide the country towards a more transparent and accountable future.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

2nd FEC meeting takes on economy, labour issuesA Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Breaking: Inflation rate rises to 26.72% in SeptemberThe National Bureau of Statistics, NBS, said the headline inflation rate rose year-on-year by 26.72 per cent in September 2023.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Edo 2024: Labour Party gov’ship hopeful, Osagie reveals how his govt ‘ll curb insecurity in EdoA Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Source: vanguardngrnews - 🏆 5. / 75 Read more »