Tag: Price Control

Nigeria’s Inflation Rate Hits 33.20%
April 16, 2024 No Responses

Nigeria’s Inflation Rate Hits 33.20%

Nigeria’s inflation rate jumped to 33.20% in March 2024 compared to February 2024 headline inflation rate which was 31.70%. This was according to the National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) report released on Monday. “Looking at the...
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Lagos To Seal Supermarkets Over Non-Disclosure Of Price Tags
April 7, 2024 No Responses

Lagos To Seal Supermarkets Over Non-Disclosure Of Price Tags

The Lagos State Government has directed supermarkets and grocery stores throughout the state to display price tags on all products, warning that failure to comply may result in the sealing of non-compliant establishments.   In a statement on its webs...
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FG, Cement Manufacturers Peg Price At N7,000-N8,000 Per Bag
February 20, 2024 No Responses

FG, Cement Manufacturers Peg Price At N7,000-N8,000 Per Bag

The Federal Government and major cement manufacturers have pegged the price of 50kg bag of cement at between N7,000 and N8,000 depending on the location nationwide.Briefing Journalists on Monday in Abuja after a meeting with major cement manufacturers, Ministe...
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Tinubu To Adopt Price Control Mechanism For Agro Products
May 30, 2023 No Responses

Tinubu To Adopt Price Control Mechanism For Agro Products

President Bola Ahmed Tinubu has pledged to ensure price control for agricultural products.  Tinubu said this in his inaugural address after he was sworn in as the 16th democratically elected president of Nigeria on Monday in Abuja Tinubu said rural...
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