It stated, “The rise in food inflation on a year-on-year basis is caused by increases in prices of guinea corn, rice, maize grains, beans, yam, water yam, and cassava tube.
Adeyemi Adeniran, the statistician-general of the federation, has called on stakeholders to take action to eradicate poverty in Nigeria.
The report indicated a decline in bank fraud in the period under review.
The National Bureau of Statistics (NBS) plans to produce crowd-sourced data on food prices using artificial intelligence.
The data for this indicator is derived from the comprehensive food price data.
“This strategy will serve as our guiding light, leading us towards a modernised and transformed statistical system in Nigeria.”
The agency’s newly enhanced Nigeria Labour Force Survey is expected to address the rebuff that usually accompanied the release of reports.
A total of 3,096 enumerators are being trained nationwide to carry out the census within 50 days after the training.
