The Supreme Council for Shari’ah in Nigeria has raised concerns over the rising cost of foodstuffs and other valuables across the country, saying suffering escalated under President Bola Tinubu.
The President of the Council, Sheikh AbdurRasheed Hadiyatullah, who stated this at the SCSN’s National Conference in Abuja on Tuesday, lamented that Nigerians are currently battling unemployment and an economic quagmire.
He spoke on the theme: “Matters Arising from the 2023 Election and Associated Socio-Economic Challenges”.
He explained that what used to cost N200 is now being sold at N2,000 as Nigeria’s current state is marked by cash scarcity, unemployment, and economic challenges.
Nigeria is facing its worst cost of living crisis, with year-on-year inflation refusing to slow down in 2023.
While inflation didn’t hit 30 per cent as predicted by many experts, it has been blamed for rising poverty rates in the county.
Inflation closed 2023 at a 21-year high of 28.92 per cent, according to the National Bureau of Statistics
