Nigeria's Inflation Exceeds 30% in 19 States, FCT

As of June 2026, Nigeria's inflation rate has shown a slight easing nationally, recorded at 15.91%, but 19 states and the Federal Capital Territory (FCT) still experience annual inflation rates exceeding 30%. The National Bureau of Statistics reports that Kogi has the highest inflation rate at 41.59%, followed by Nigeria at 42.23% and the FCT at 39.91%.

Imo State has the lowest annual inflation rate at 19.47%. The report indicates significant disparities in inflation rates across states, with food inflation particularly high in Kogi at 53.02%.

Other states with high inflation include Benue at 40.83% and the FCT at 40.20%. In contrast, Katsina recorded the lowest food inflation rate at 19.15%.

The analysis highlights that inflation figures vary significantly across different states, affecting consumer spending patterns.