The federal public service is undergoing reforms, and the introduction and enforcement of the ‘Due Process’ in public procurement has saved government over N120 billion. There is an ongoing effort aimed at National Law reforms as most of the legal-institutional infrastructure need reforms. The ports and customs are undergoing reforms, and the maritime sector has been strengthened.
Looking at annual price changes across all CPI items less fresh food, the share of price-increasing items minus that of pricedecreasing items recently has been increasing moderately. This is a result of continued price rises in a wide range of items in response to rising personnel expenses and distribution costs.