Despite the marginal but steady decline in the consumer price index which is a measure of inflation in Nigeria, the cost of food and essential commodities still remains exorbitant for consumers in the largest economy in Africa.

On Wednesday the House of Representatives of Nigeria bemoaned the draconian state of the economy laying emphasis on the economic hardship and the purchasing power decline in Nigeria.

The house of rep labelled Nigeria’s economic state the lowest economic decline experienced since President Muhammadu Buhari’s first regime in 1983

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