The LCCI boss has called on the FG to address the challenges constraining the supply side of the economy to tackle inflation.
Nigeria's inflation rate for the month of March 2020, rose to 18.17% from 17.33% recorded in February 2021.
This represents the highest inflation rate recorded in 34 months since January 2018
The government may need to review the protectionist measures in place in order to avert a food crisis.
Financial Derivatives Company estimates that the headline inflation for February will climb to 12.30% from 12.05% in January.
Based on the data released by the National Bureau of Statistics, Headline inflation in Nigeria rose by 15bps to 12.13% in January.