Nigeria’s Inflation Rate Hit 33.69% In April Amid Biting Strait

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Fresh reports emerged Wednesday, indicating a shocking spike in Nigeria’s inflation rate. The nation’s inflation, amid worsening economic hardship in the country, surged to 33.69 per cent in April from 33.20 per cent in March. The National Bureau of Statistics (NBS), disclosed this in its latest consumer price index and inflation report released on Wednesday. The figure showed that Nigeria’s inflation continued to jump since the commencement of President Bola Ahmed Tinubu’s administration in May last year. The country’s inflation rose in April to 33.69 per cent from 22.41 per…

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