The JuristLaw is a platform for common people with diverse minds for change in our World...It is a radical and intense platform for change. It is also the defender and voice of the south east. The administrator will not be held responsible for posts and comments, please be rightly informed.
Wednesday, January 18, 2012
Subsidy strike costs Nigeria’s economy $1.2b
Nigeria's economy lost out on an estimated 207.4 billion naira ($1.2b) due to an eight day strike this month prompted by a dispute over the removal of petrol subsidy, the national bureau of statistics said on Wednesday.
Nigeria consumer inflation edged down slightly year-on-year in December to 10.3 percent, from 10.5 percent the previous month, it said.
The data, according to Reuters showed that food inflation rose 11 percent in December, up from 9.6 percent in November.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment