Inflation has risen once again. The latest Consumer Price Index (CPI) report released by the National Bureau of Statistics shows that the inflation rate rose to 28.92% as of December 2023.
Food inflation continues to be a strong driver across the board with states like Kogi, Kwara and Imo seeing the highest increases.
With the government continuing to grapple with a struggling economy, what does the latest figure mean for every day Nigerians?
We are joined by Oluwasanmi Akosile, a Research, Strategy and Data Analyst.