With the recent reshuffling of the inflation basket, the combined influence of food, non-alcoholic beverages, housing, electricity, gas, and other fuels has been suppressed by 72.29 percent, effectively diminishing their impact on inflation.
Nigerians have been awaiting the release of repackaged GDP and inflation figures—data the National Bureau of Statistics (NBS) has been meticulously refining for over a year.
Initially scheduled for publication on 31 January 2025, the figures remain under wrap
With the recent reshuffling of the inflation basket, the combined influence of food, non-alcoholic beverages, housing, electricity, gas, and other fuels has been suppressed by 72.29 percent, effectively diminishing their impact on inflation.
Nigerians have been awaiting the release of repackaged GDP and inflation figures—data the National Bureau of Statistics (NBS) has been meticulously refining for over a year.
Initially scheduled for publication on 31 January 2025, the figures remain under wrap
