Inflation rises to 12.1 pct in March
The bureau says the new figures were driven by higher food prices with food inflation rising to 11.8 percent year-on-year in March, compared with a revised figure of 9.7 percent in February.
The governor of the Central Bank of Nigeria, Lamido Sanusi expects inflation to rise to around 14-15 percent by the middle of this year, due to the partial removal of fuel subsidies in January.
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