abuja, nigeria — Nigeria's annual inflation rose to a 28-year high of 33.95% in May, official data showed Saturday, worsening hardships that have fueled public anger against President Bola Tinubu's economic reforms.
It was the 18th straight month that inflation has risen, up from 33.69% a month earlier.
Price pressures have been spurred by Tinubu's reforms, chiefly slashing petrol and electricity subsidies and devaluing the naira currency twice within a year.
Labor unions, which suspended a strike called to demand a new minimum wage... Читать дальше...