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Three States With Highest Food Prices In Nigeria

Three States With Highest Food Prices In Nigeria
  • PublishedMay 16, 2024

Three States With Highest Food Prices In NigeriaThe latest National Bureau of Statistics April’s Consumer Price Index and Inflation report has placed Kogi, Kwara, and Ondo as the three states in Nigeria with the highest food prices amid worsening hardship.

Kogi, according to the report ranked with the highest food inflation rate at 48.62 per cent, followed by Kwara (46.73 per cent) and Ondo (45.87 per cent) on a year-on-year basis.

Meanhile, Adamawa (33.61 per cent), Bauchi (33.85 per cent) and Nasarawa (34.03 per cent), recorded the slowest rise in food inflation.

However, on a Month-to-Month basis, Lagos, Edo, and Yobe are the states in Nigeria with the highest food prices.

Lagos (4.74 per cent), Edo (4.06 per cent), and Yobe (3.99 per cent) recorded the slowest rise in Food inflation, accordingly.

This development comes as April’s headline and food inflation surged to 33.69 per cent and 40.53 per cent, respectively.

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