The consumer Price index report for the month of April 2021 expected to be
released this Monday by the National Bureau of Statistics, analysts at Afrinvest Securities have projected that inflation will remain negative in the short-to medium term owing to the poor weather condition alongside the farmer-herder crisis, which they say will worsen harvests from the farm in 2021 as the pro-growth focus of the Central Bank of Nigeria continues to drive increased money supply in the economy,thus escalating the rate of inflation in the near term.
