Africa: Things not going well: Nigeria food inflation goes above 20% – White Farmers?

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[There are no White farmers to bail them out! This is West Africa. No whites there!!! Jan]

Nigeria’s food inflation sub-index crosses the 20% mark

Analyst say the rise in Nigeria’s food inflation sub-index to 20.6 per cent year-on-year reflects the impact of insecurity in the major food-producing states, as well as disruptions in supply chains. Chike Nwagwu, CEO of Novus Agro joins CNBC Africa to explore Nigeria’s food inflation trend.


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