Nigeria’s 2025 Appropriation Bill, termed “Budget of Restoration,” aims to drastically reduce inflation and stabilize the naira while addressing agriculture, infrastructure, debt, and tax reforms. However, skepticism arises over optimistic targets, high debt servicing, and implementation risks. Past reform impacts also raise concerns about socioeconomic realities ahead.
Category Archives: news
Bread Shortage Crisis: Nigerian Supermarkets Now Sell Half Loaves Due to Inflation
Rising bread prices in Nigeria, now exceeding 100%, reflect the country’s worsening economic situation and broader inflation issues. With the cost of key ingredients like flour, sugar, and fuel surging, many low-income families can no longer afford this staple food. The UN warns that 33 million Nigerians may face food insecurity by August 2025.
The Naija Lowdown Writer 