Connect with us

Business

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

Published

on

Kogi, Kwara, and Ondo are the three states in Nigeria with the highest food prices amid worsening hardship.

This is according to the latest National Bureau of Statistics April’s Consumer Price Index and Inflation report.

The report ranked Kogi State 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.

Advertisement

READ ALSO: Okoroma Clan Appreciates Gov.  Diri former Aide Acknowledging Support in Bayelsa Governorship Election

Meanwhile, 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.

Advertisement

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

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

Advertisement
Advertisement
Comments
Advertisement
Advertisement
Advertisement
Advertisement Web Hosting in Nigeria
Advertisement
Advertisement

Trending