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Nigeria inflation: Food prices see 40% spike

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Nigeria is due to release its inflation figures for April. They are expected to show a 40% rise in food prices. Africa's most populous nation has suffered violent unrest over food price increases in recent months, including attacks on grain warehouses. Insecurity, a weak local currency and high energy costs are blamed for the price increases.

Al Jazeera's Ahmed Idris reports from Lagos.

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#Nigeria #Inflation #FoodPrices #EconomicCrisis #NigeriaUnrest #RisingCosts #GrainWarehouses #LocalCurrency #EnergyCosts #AfricaEconomy
Category
World
Tags
Al Jazeera, Al Jazeera English, Al Jazeera Latest
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