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Hardship: NBS report shows three states in Nigeria with highest food prices

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NAIJA NEWS: Hardship: NBS report shows three states in Nigeria with highest food prices [New Naija News] » Naijacrawl
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In Nigeria, amidst escalating economic challenges, Kogi, Kwara, and Ondo emerge as the states grappling with the highest food prices, as revealed by the latest Consumer Price Index and Inflation report from the National Bureau of Statistics for April.



Kogi State leads the pack with a staggering food inflation rate of 48.62 percent, closely followed by Kwara at 46.73 percent and Ondo at 45.87 percent on a year-on-year basis.

Conversely, Adamawa (33.61 percent), Bauchi (33.85 percent), and Nasarawa (34.03 percent) witnessed the slowest increase in food inflation.

However, looking at a month-to-month analysis, Lagos, Edo, and Yobe take the spotlight for having the highest food prices in Nigeria.

During this period, Lagos experienced a 4.74 percent increase, Edo 4.06 percent, and Yobe 3.99 percent, with the slowest rise in food inflation.

This trend unfolds as the headline and food inflation rates for April surged to 33.69 percent and 40.53 percent, respectively.

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Ojo Sunday Victor is a graduate of Ladoke Akintola University of Technology, Ogbomoso, where he earned a Bachelor's degree in Accounting (B.Sc). He is a versatile professional with expertise in content writing, specializing i... Read More

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