The price of a 50kg bag of urea fertiliser has also jumped by as much as 183 percent to an average of N17,000 from N6,000 last year
Nigeria’s food inflation rate is set to accelerate in the coming months as the country is now experiencing a second wave of high food prices owing to the recent hike in price of fertilisers.
Nigeria’s smallholder farmers are currently grappling with the rising cost of fertilisers – a major
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Josephine Okojie-Okeiyi
Josephine Okojie-Okeiyi is a journalist with over five years’ reporting experience. She writes on industry, agriculture, commodities, climate change, and environmental issues.
She is fellow of Thomson Reuters Foundation and Bloomberg Media Initiative for Africa.
