How Nigeria can tame rising inflation?

Nigeria’s headline inflation rose to 25.8 per cent in August from the 24.08 per cent recorded in July. According to the National Bureau of Statistics, food inflation remains a major driver. Meanwhile, Oil marketers in Nigeria hint a possible hike in the pump price of petrol following recent oil price rally and naira depreciation. Muda Yusuf, a Director at the Centre for the Promotion of Private Enterprises joins CNBC Africa to discuss the Nigeria's macroeconomic environment and factors influencing price surge of commodities.