Why Prices Are Still On The Rise Despite Appreciation Of The Naira
Nigeria Daily - A podcast by Ummu Salmah Ibrahim and Daniel Oluwole
The persistent rise in food and commodity prices despite the appreciation of the naira has become a source of significant concern among Nigerians.This is against the fact that when there was a slight depreciation of the Naira, the cost of commodities immediately went up.And the traders lay the blame on the rise in the dollar to Naira exchange rate.Why is this happening?
