But as well as processed and manufactured goods, the price rises have also hit fresh produce.
A sack of the popular greens known as bitter leaf has doubled over the past year, stallholder Nancy Ike told the BBC.In another sign of increasing hardship, it is now possible to buy individual slices of yam whereas once customers would only be offered the whole tuber."Last year I came to the market with 20,000 naira . This year, I have 30,000" but couldn't buy as much, she said.
The idea was to limit imports and encourage local production. Since then the authorities have expanded and modified the list, adding sugar and wheat last April."This recent high episode of inflation that we see actually started in 2019 and this was post-border closure," Ms Joseph-Raji said.
Another oil rich nation run by criminals..and as usual its the masses that suffer.
It’s a pathetic continent for sure.
BBC YOUR STATE OWN NEOCOLONIST PROPAGANDA MICHINE,WHY DON'T YOU COVER THOS BILLION MARCH PROTEST AGAINST YOUR EUROPEAN,WESTERN NEOCOLONIAL INVASION IN MALI AND THROUGHOUT THE AFRICA?
With annual inflation peaking at 18% in March last year , and food inflation reaching 23% , this rise in the cost of living has created what is being termed by some as a ' sachet economy '.
In addition to sanitary pads , everything from baby food to cooking oil to breakfast cereal can now be bought in smaller portions.
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