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Home»National

Kogi, Kwara, And Ondo Lead In Nigeria’s Soaring Food Prices Amid Growing Hardship

Editor FrancisBy Editor FrancisMay 16, 2024 National No Comments1 Min Read
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According to the latest Consumer Price Index and Inflation report released by the National Bureau of Statistics (NBS) for April, Kogi, Kwara, and Ondo States are experiencing the highest food prices in Nigeria.

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

Conversely, the states with the slowest rise in food inflation are Adamawa, Bauchi, and Nasarawa, recording 33.61 percent, 33.85 percent, and 34.03 percent, respectively.

On a month-to-month basis, Lagos, Edo, and Yobe have the highest food prices. However, these states recorded the slowest month-to-month increase in food inflation, with Lagos at 4.74 percent, Edo at 4.06 percent, and Yobe at 3.99 percent.





This report comes as Nigeria’s overall headline inflation and food inflation rates surged to 33.69 percent and 40.53 percent, respectively, in April, highlighting the worsening economic hardship across the country.

Food Prices NBS
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