News

How logistic cost, loss in transit fuel food inflation

The National Bureau of Statistics (NBS) data states that the inflation rate in March 2022, predominantly propelled by the higher cost of food, rose to 15.92 percent. Though food production is inadequate, as shown by production data from various reputable local and international organizations, other peculiar factors are fueling abnormal rises in food prices. Demand …

How logistic cost, loss in transit fuel food inflation Read More »

Nigeria-loses-N2.2tn-revenue-to-crude-production-delays-1

Nigeria Loses N2.2tn Revenue to Crude Production Delays

Nigeria loses N2.2tn revenue to crude production delays Nigeria lost a whopping N2.1 trillion as a result of crude oil production deferment in one year. The revelation comes on the heels of perpetual low crude oil production being recorded by the country in the past two years. Deferment is the reduction in production or injection …

Nigeria Loses N2.2tn Revenue to Crude Production Delays Read More »

Open chat
Chat with an Expert
Hello 👋
Can we help you?