See more 10 states with the highest inflation rate in Nigeria

• The NBS has released its ostentation study for April 2025 and showed that the figures are down aft a methodology change
• The bureau besides provided terms question of states successful Nigeria, wherever residents are experiencing the fastest summation successful nutrient prices
• The NBS rebasing of the figures has shown a antithetic picture, reflecting a deceleration successful terms levels

Legit.ng writer Dave Ibemere has implicit a decennary of concern journalism acquisition with in-depth cognition of the Nigerian economy, stocks, and wide marketplace trends.

The National Bureau of Statistics (NBS) has revealed that the nutrient ostentation complaint successful April 2025 was 21.26% connected a year-on-year basis.

April's nutrient ostentation complaint was 19.27% points little compared to the complaint recorded successful April 2024 (40.53%)

NBS disclosed this successful its user terms study for April 2025, published connected its website.

Cost of nutrient successful the marketplace adds unit connected Nigerian households Photo credit: Bloomberg/contributor
Source: Getty Images

The bureau added that the important diminution successful the yearly nutrient ostentation fig successful April 2025 is chiefly owed to the alteration successful the basal year.

On a month-on-month basis, the nutrient ostentation complaint was 2.06% successful April 2025, down by 0.12% compared to March 2025 (2.18%).

Breakdown of nutrient terms changes

NBS stated that the nutrient ostentation alteration is attributed to the little mean prices of Maize (Corn) Flour, Wheat Grain, Okro Dried, Yam Flour, Soya Beans, Rice, Bambara beans, Brown Beans, among others.

The mean yearly nutrient ostentation complaint for the 12 months ending April 2025 was 31.43%, which is 1.31 percent points little compared to the mean yearly complaint of alteration recorded successful April 2024 (32.74%)."

Furthermore, NBS stated:

"In April 2025, nutrient ostentation connected a year-on-year ground was highest successful Benue (51.76%), Ekiti (34.05%), and Kebbi (33.82%). Conversely, the slowest rises were recorded successful Ebonyi (7.19%), Adamawa (9.52%), and Ogun (9.91%). On a month-on-month basis, nutrient ostentation was besides highest successful Benue (25.59%), followed by Ekiti (16.73%) and Yobe (13.92%). "However, immoderate states recorded declines successful nutrient inflation, with Ebonyi (-14.43%), Kano (-11.37%), and Ogun (-7.06%) posting the astir important drops."

10 states with the highest nutrient prices

Here is simply a breakdown of states with the highest nutrient ostentation complaint and wide outgo of surviving for residents.

Benue: 51.8%

Benue tops the database with the highest nutrient ostentation complaint of 51.8%, driven mostly by the ongoing herdsmen situation and wide insecurity that person disrupted cultivation accumulation and nutrient proviso chains. The state’s wide ostentation complaint ranks 4th nationally astatine 34.3%.

Ekiti: 34.0%

Ekiti ranks 2nd with a nutrient ostentation complaint of 34.0%. The state’s wide ostentation complaint is besides ranked 5th astatine 34.0%.

Kebbi: 33.8%

Kebbi recorded a nutrient ostentation complaint of 33.8%. Kebbi ranks 2nd nationally successful wide ostentation astatine 35.1%.

Kaduna: 32.9%

Kaduna’s nutrient ostentation complaint is 32.9%, reflecting the interaction of recurrent communal clashes and banditry disrupting cultivation accumulation and trade. The authorities is not successful the apical 10 for wide inflation.

Nigeria's ostentation complaint decelerated aft rthe ebasing of figures Photo credit: Bloomberg/contributor
Source: Getty Images

Osun: 32.4%

Osun’s nutrient ostentation complaint reached 32.4%, driven by rising staple nutrient prices. Osun does not fertile successful the apical 10 for wide inflation.

Plateau: 30.5%

Plateau State’s nutrient ostentation complaint stands astatine 30.5%, Plateau does not diagnostic successful the wide ostentation apical 10 but has an ostentation complaint of 19.2%.

Yobe: 29.7%

Yobe recorded a nutrient ostentation complaint of 29.7% and an wide ostentation complaint of 27.9%.

Gombe: 26.4%

Gombe’s nutrient ostentation complaint is 26.4%, reflecting the effects of insecurity limiting cultivation output and expanding nutrient prices. Gombe ranks 10th successful wide ostentation astatine 31.0%.

Sokoto: 25.3%

Sokoto recorded a nutrient ostentation complaint of 25.3%, with insecurity related to banditry affecting nutrient accumulation and proviso chains. Sokoto's wide ostentation stands astatine 30.5%.

Enugu: 24.4%

Enugu rounds retired the list, ranking 10th successful nutrient ostentation with a complaint of 24.4%. The authorities has the highest wide ostentation complaint nationally astatine 36.0%.

Nigerian traders explicate wherefore nutrient prices are declining

Earlier, Legit.ng reported that Nigerians person seen a flimsy diminution successful the terms of nutrient items nationwide. In immoderate cases, the driblet recorded is arsenic steep arsenic 40%.

This is simply a large alleviation for Nigerians, particularly aft the accordant months of surging ostentation recorded successful 2024.

Traders person present offered reasons for the driblet successful nutrient prices.

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Source: Legit.ng