Food inflation: Imported rice price jumps by 114%

Food inflation: Imported rice price jumps by 114%

The average price of imported high-quality rice sold loose has surged by 144.77 percent year-on-year as the Federal Government delays implementing its duty-free food policy. This is according to the selected food prices report from the National Bureau of Statistics. In July 2024, the Federal Government announced a 150-day duty-free import window for food commodities

Read More


Discover more from HOT SOURCE NEWS

Subscribe to get the latest posts sent to your email.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Discover more from HOT SOURCE NEWS

Subscribe now to keep reading and get access to the full archive.

Continue reading