inflation down.He said there has been considerable economic progress recently, indicating the country is on the right path.
“But right now, we are back to almost N1,250, N1,300, which is a good reprieve. Quite a lot of commodities went up. When you go to the market, for example, something that we produce locally like flour, people will charge you more. Why? Because they are paying very high diesel prices. “Because if you are transporting locally produced goods, rice and other stuff, you are paying N1,650. Now you are paying two-thirds of that amount to N1,200, it is a lot of difference. You know, people don’t know that can actually help to bring inflation down immediately.“And I’m sure when the inflation figures are out for the next months, you will see that there is quite a lot of improvement in the inflation rate.