Rising food prices may continue, if — LCCI


THE Lagos Chamber of Commerce and Industry (LCCI) has warned that the end to the rising food prices being experienced in Nigeria, may not be in sight yet, if the global disruptions to supply chains do not quickly come to end.

The President of the Chamber, Mr. Gabriel Idahosa stated this, on Thursday, in his State of The Economy Address, to the media in Lagos.

The Chamber argued that the threat of escalations in the Middle East remains a deep concern for the global economy, especially the persisting war in Ukraine, the Israel-Hamas-Iran war, and the emerging threats to shipments through the Suez Canal and the Red Sea, which have continued to challenge the supply change, in recent…

Source: Nigerian Tribune