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The National Bureau of Statistics (NBS) says Consumer Price Index, (CPI) which measures inflation increased to 12.56 per cent year-on-year in June 2020.
A former Chairman of Manufacturers Association of Nigeria (MAN), Ogun chapter, Mr Wale Adegbite, has said that the rising inflation rate in the country has impeded growth and hindered the real sector from performing at optimal level.
Nigeria has lost over 40% of its revenue to the COVID-19 pandemic.
No fewer than 1,165 rice farmers have been empowered with farm inputs by the Ogun Government under its Anchor Borrowers Programme (ABP).
Ogun State Commissioner for Agriculture, Dr Adeola Odedina, on Tuesday said that the state government was working hard to resuscitate all its farm settlements to boost food security.
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