Nigerians should now be worried about the increasing food inflation and cost of living, according to Senator Shehu Sani, a former legislator and social critic, who made the statement on Monday.
The announcement came after Sunday’s Africa Cup of Nations (AFCON) final match, in which the Ivorian national team defeated the Nigerian Super Eagles.
Through the AFCON Cup, we have moved on to the Cup of Garri, Sani stated on his X handle.
According to MISMOB, the IMF has issued a warning about the worsening economic crisis in Nigeria.
That was indicated in the IMF Executive Board’s recently released report on Nigeria’s post-financing assessment.
The International Monetary Fund is worried that Nigeria’s chronic cost-of-living crisis has worsened due to the country’s sluggish per capita growth, extensive poverty, and severe food insecurity.