News High Transportation Cost Responsible For Inflation – Zainab Ahmed Published 2 months ago on November 14, 2020 By The Terrorist!. The Federal Government has attributed the recent spike in inflation to the rising costs of moving goods across the country. Download & Install The New ANE Android App To Your Device Hello!! Have you heard about the deadly virus called Coronavirus? No? See What It Is & How To Prevent It Here. Also Stay Connected & Get Latest Updates On Coronavirus Here. Please be safe! We LOVE You. Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, made this disclosure on Friday at a virtual event titled Finance Bill 2020 public consultations. The Minister said the current “inflation is driven by the cost of transport”. According to her: “If you look at the rate at which our inflation is going, and you disaggregate the components, you will find that inflation is largely driven by transport cost”. Government’s resolve, she said, “is to reduce transportation cost so that businesses will have ease and pass benefits to eventual consumers.” The draft Finance bill 2020, she assured, will address measures to reduce the cost of transportation. According to her, the bill will have some “interesting new proposals that will look into fiscal relief for mass transit”. She explained it will be “designed to provide support for mass transit by reviewing the duties regime”. This, she said, is because government recognises transportation as one of the major cost drivers in the economy. INSTALL: All Naija Entertainment App Into Your Android Device DON'T MISS: Dwayne Johnson (The Rock) Never Kissed In Films Nor Had S*x In A Movie. Is It True? DON'T MISS: Top 10 Best Songs Of Tatiana Manaois In 2019 DON'T MISS: Top 10 Best Songs Of Tatiana Manaois In 2018 DON'T MISS: 15 Things You Didn't Know About Mark Angel DON'T MISS: Bloodshot (2020) Casts And Things To Know About The Movie DON'T MISS: Bad Boys For Life (2020) Casts And 7 Things To Know DON'T MISS: Download & Install All Naija Entertainment App Into Your Android Subscribe To ANE Talk Trends On Youtube Subscribe To All Naija Entertainment On Youtube Get More Stories Like This On: Facebook: @AllNaijaEntertainment, Twitter: @AllNaijaEntertainment Reach us on WhatsApp via: +2348104471989 Quick Reach: Our Service Improvement, Advertise With Us, Send Us Enquiries & Press Releases Related Posts:[STORY] SO NOT LOVE (Episode 18)[STORY] Mary My Student (Episode 05)[STORY] DEBBIE (Episode 10)JOB: Ongoing Recruitment For Fresh Graduates at The Society for Family Health (SFH)[STORY] PROMISE IN THE DARK (Episode 04)[STORY] 45 DAYS (Episode 12)[STORY] OLAMMA (Episode 07)[STORY] FATED TO DIE (Final Episode 30)Federal government committed to expanding export of locally produced goods, services - UdomaBuhari To Sign Revised ₦10.8 Trillion 2020 Budget Into Law Today[STORY] FATED TO DIE (Episode 10)[STORY] THE PRETTY MAID (Episode 06)[STORY] OLAMMA (Episode 08)FG Seeks Fresh $1.2 Billion Loan From Brazil[STORY] MY PERFECT MARRIAGE (Episode 20)[STORY] MY PERFECT MARRIAGE (Episode 07)2018 budget: Full text of Buhari’s statement during signing of appropriation[STORY] THE ABOMINABLE ACT (Episode 24)[STORY] PROMISE IN THE DARK (Final Episode 10)[STORY] A Twisted Fate (Episode 01)[STORY] Mary My Student (Episode 02)Wyclef Jean - "Sweetest Girl (Dollar Bill)" Feat. 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