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FI
2027: Improving economy gives Tinubu’s re-election bid a boost
['Ayoola Olaoluwa']
Business Hallmark
The high cost of food items was more debilitating on millions Nigerians with many unable to feed well.
“On a month-on-month basis, food inflation rate in August 2025 was 1.65 percent, down by 1.47 percent compared to July 2025 (3.12 percent).
“While household budgets have been strained and people are still paying much more for essentials, including food, inflation is finally cooling.
“One thing that has worked for the government is the relative fall in food inflation.
Food inflation has dropped, and food inflation is a major component of the inflation basket.
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