NBS Report: Kogi, Rivers, And Kwara Lead In Food Inflation Rates In Nigeria
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The latest report from the National Bureau of Statistics (NBS) has highlighted Kogi, Rivers, and Kwara states as the top-ranking regions with the highest food inflation rates in Nigeria.
Conversely, Bauchi (31.46 percent), Plateau (32.56 percent), and Taraba (33.23 percent) registered the slowest rise in food inflation, offering some relief compared to the national average.
In a separate analysis, Kogi, Oyo, and Bauchi emerged as the states with the highest all-items inflation rates annually in Nigeria. Kogi led with 37.98 percent, followed by Oyo at 36.60 percent, and Bauchi at 35.62 percent of headline inflation, year-on-year.
On the flip side, Borno (26.28 percent), Taraba (26.72 percent), and Benue (27.40 percent) recorded the slowest rise in headline inflation rates on a year-on-year basis.
Earlier, Okay.ng reported Nigeria’s headline inflation surged to 31.70 percent, with food inflation reaching a peak of 37.92 percent.
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