Nigeria TV Info 

Businesses, Traders Increase Prices Amid New Tax Laws

Traders and businesses across major markets in Nigeria have begun hiking prices on essential goods and services following the introduction of new tax laws. Consumers report sharp increases in food, transport, and utility costs. Analysts warn that if unchecked, inflationary pressures could rise further, affecting household budgets nationwide. Authorities urge compliance with tax regulations while calling on businesses to avoid exploitative pricing.