Education Inflation Hits 10.72% in Nigeria as Schools Resume

In August 2026, Nigeria's education services inflation rose sharply to 10.72% year-on-year from 7.51% in July, marking an increase of 3.21 percentage points. This surge occurred as households prepared for the new 2026/2027 academic session, with Lagos State setting September 14, 2026, as the resumption date for public and private primary and secondary schools.

Despite a marginal easing of Nigeria's headline inflation rate to 15.39% from 15.43% in July, education costs moved in the opposite direction. The increase in education services inflation indicates that the moderation in overall inflation does not translate into lower education expenses for families.

Additionally, proposed increases in examination fees have further impacted education costs. The timing of this inflation spike is significant as it coincides with the period when parents typically face school-related expenses.