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Ekiti State Tops Inflation Chart, Becomes Most Expensive Place in Nigeria

Business1 min read
Ekiti State Tops Inflation Chart, Becomes Most Expensive Place in Nigeria

Ekiti State has emerged as the most expensive place to live in Nigeria in August 2025, becoming the first South-Western state to top the inflation chart since the CPI rebasing in January. The state recorded the highest inflation rate nationally, with a significant surge in monthly inflation.

Ekiti's rise to the top spot reflects a growing structural cost in the state's monthly budget, driven by factors like housing, transport, and electricity services. Despite Borno's previous high inflation rates, Ekiti now leads the inflation rankings, highlighting the ongoing challenges faced by households in the region.

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