Federal Government’s Plans To Cut Food Prices Hampered By Rising Costs

Naijanews | 19-10-2024 04:11pm |

The Federal Government‘s ambitious plans to reduce food prices through a zero percent duty and exemption from value-added tax on selected basic food items are increasingly facing challenges, as the average price of imported food items has soared to an alarming 878.3 price point index in September 2024. This troubling increase reflects broader economic pressures [...]The post Federal Government’s Plans To Cut Food Prices Hampered By Rising Costs appeared first on Naija News.

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