Nigeria’s Inflation Rises to 15.69% in April – NBS
The National Bureau of Statistics (NBS) has revealed that Nigeria’s headline inflation rate rose to 15.69% in April 2026.
National Bureau of Statistics made this known on Friday via its website.
It stated that the headline inflation rate on a month-on-month basis stood at 2.13% in April 2026.
The bureau also disclosed that food inflation stood at 16.06% year-on-year in the same period.
According to the NBS, “this can be attributed to the rate of change in the average prices of the following products: Millet whole grain, yam flour, ginger (Fresh), beef, garri, tam tuber, pepper (Fresh), cray fish, cassava tuber, Beans, Irish Potatoes, tomatoes (fresh), wheat grain (Sold loose), soya beans, guinea corn, plantain, carrots (Fresh) etc.”
It added that “The average annual rate of food inflation for the twelve months ending April 2026, relative to the previous twelve-month average, was 17.55%, which was 17.05% points lower than the average annual rate of change recorded in April 2025 (34.60%).”
Titilope Adako is a talented and intrepid journalist, dedicated to shedding light on the untold stories of Osun State and Nigeria. Through incisive reporting, she tackles a broad spectrum of topics, from politics and social justice to culture and entertainment, with a commitment to accuracy, empathy, and inspiring positive change.
