“On the other hand, core inflation increased to 16.26 per cent from 15.75 pe cent because of price increases in gas, liquid fuel, solid fuel, garments, and passenger transport by road and by air. It should also be noted that the high cost of aviation fuel, Jet A1 drove the cost of air transport to the roof and became a major driver of the July inflation rate,” she pointed out?
She noted further that, Nigeria’s energy crisis is worsened by the poor supply of electricity and a bumpy road to renewable energy deployment.
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