Peoples Democratic Party (PDP) presidential candidate, former vice president Atiku Abubakar, yesterday said Nigeria can only shift from being a “net importer” to a “net exporter” through extensive reforms to restore investor confidence which is currently at its lowest ebb. He further said it is regrettable that Nigeria’s core infrastructure sectors are not operating efficiently.Continue reading “Nigeria Must Reduce Infrastructure Deficit To Boost Economy – Atiku”
Tag Archives: economic
Nigeria’s inflation rate surges to 11-month high at 17.71% in May 2022
Nigeria’s inflation rose to its highest level in 11 months, rising from 16.82% recorded in April 2022 to 17.71%. This is according to the recently released Consumer Price Index report, released by the National Bureau of Statistics (NBS). The consumer price index, which measures the rate of inflation rose by 17.71% year-on-year in May 2022,Continue reading “Nigeria’s inflation rate surges to 11-month high at 17.71% in May 2022”