Analysts Seek Subsidy on Food Production, FX Liquidity

•Inflation rises to 13.22%

By James Emejo in Abuja and Nume Ekeghe

Analysts yesterday advised the federal government to subsidise food production in the short term and ameliorate the pressure on the foreign exchange (FX) as inflation sustained its upward trajectory to 13.22 per cent in August from 12.82 per cent in the preceding month.

The analysts noted that the current inflationary…

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