Kogi, Rivers, Kwara record highest food prices in Nigeria – NBS report

The National Bureau of Statistics, NBS, says Kogi, Rivers, and Kwara states have the highest food inflation year-on-year in Nigeria.

NBS disclosed this in its latest Consumer Price Index and Inflation report, which was published Friday.

Kogi, 46.32 per cent, Rivers, 44.34 per cent, and Kwara, 43.05 per cent, recorded the highest food inflation rates.

In contrast, Bauchi (31.46 per cent), Plateau (32.56 per cent), and Taraba (33.23 per cent) recorded the slowest rise in food inflation on a year-on-year basis.

Meanwhile, Kogi, Oyo and Bauchi recorded the highest all-items inflation annually in Nigeria.

Kogi recorded 37.98 per cent, Oyo 36.60 per cent and Bauchi 35.62 per cent, of headline inflation, year-on-year.

In the same vein, Borno (26.28 per cent), Taraba (26.72 per cent), and Benue (27.40 per cent) recorded the slowest rise in headline inflation on a year-on-year basis.

Nigeria’s headline inflation has risen to 31.70 per cent, while food inflation soared to 37.92 per cent.

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