Nigerians’ Plunging Purchasing Power Worrisome – CPPE …C0NTINUE READING HERE >>>
The Center for Promotion of Private Enterprise (CPPE) has lamented the plunging purchasing power of Nigerians as inflation continues to escalate in the country.
Chief Executive of CPPE, Dr Muda Yusuf commenting on the latest inflation data released by the National Bureau of Statistics (NBS) noted that the surging prices in the country is being further escalated by the increase in petrol prices.
Inflation according to NBS data has risen to 32.7 per cent in September from 32.15 per cent in August, after a two month decline. Yusuf, in a statement noted that the resurgence of high…
>