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Inflation: Nigerians groan as food prices skyrocket


 
Traders in Abuja told
Daily Trust that there has been a price increase in food commodities since the last three months even though the price of rice has been stable to no increase since the last five months.
A provisions seller, Ahmadu Tijjani, told our correspondent that they were not given reasons for the hike in the price of some of the goods, stating that since food commodities are essential people would still buy even if they have to reduce their purchasing capacity.
According to Tijjani, there is a 20 per cent increase of a good formerly sold for N1, 000 while a 50cl pack of Coca Cola has increased to N1700 from N1600, adding that a local measure of beans that previously sold for N500, N450 is now selling for N800, N650. ....

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Lekki Free Zone: Key Element in Nigeria's Economic Revival, Sustenance


Eniola Olakunri,
Recently, Lagos State Governor, Babajide Sanwo-Olu, undertook a 2-day working tour of Lekki Free Zone with members of his cabinet including Commissioners – Tunji Bello (Environment and Water Resources), Gbenga Omotosho (Information and Strategy), Olayinka Oladunjoye (Commerce, Industry and Cooperatives), Idris Okanla Salako (Physical Planning and Urban Development), among others.
The much-awaited visit which took officials of Lekki Free Zone, Lagos Free Zone and Lekki Worldwide Investments led by the Chairman, Abiodun Dabiri, months of preparations and interfaces with officials of Lagos State; Dangote Refinery; and other institutional investors in the Zone, took off finally on March 19th, 2021.
To underscore the premium the Lagos State Chief Executive places on the Zone, he and his crew got to the Lagos Free Zone premises right on cue, at 11am – the time set by the hosts for their arrival. It was a radical break from the habitual pattern of public ....

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