The National Bureau of Statistics (NBS) has released its April Consumer Price Index, revealing Ogun State as having the lowest year-on-year increase in food inflation across Nigeria, while Benue, Ekiti, and Kebbi States recorded the highest rates.
According to the report, Benue State experienced the steepest year-on-year food inflation surge at 51.76 percent, followed by Ekiti at 34.05 percent and Kebbi at 33.82 percent. The dramatic increase in Benue may be attributed to recent escalations in violence that have resulted in numerous fatalities and widespread displacement of residents.
In stark contrast, Ogun State recorded just a 9.91 percent year-on-year increase in food inflation, positioning it among the states with the most modest rises. Only Ebonyi at 7.19 percent and Adamawa at 9.52 percent reported lower figures.
The month-on-month analysis further highlights Ogun State's positive performance, with the state experiencing a decline of 7.06 percent in food inflation. Ebonyi and Kano also saw decreases of 14.43 percent and 11.37 percent respectively.
Conversely, the month-on-month food inflation rates for April showed significant increases in Benue (25.59 percent), Ekiti (16.73 percent), and Yobe (13.92 percent).
This data comes at a critical time when Nigerians across the country are grappling with rising food costs amid broader economic challenges. The varying inflation rates across states highlight the uneven impact of economic pressures and security situations on food prices throughout the nation.
The NBS report serves as an important indicator for policymakers and citizens alike, offering insights into regional economic disparities and potential areas requiring targeted interventions to address food security concerns.