Nigeria's Imported Food Prices Rise 9.19% in September 2026
In September 2026, Nigeria's imported food price index recorded an annual growth rate of 9.19%, the lowest since March, according to the National Bureau of Statistics. The index rose to 135.5 from 124.1 in September 2025, marking a year-on-year increase of 9.19%.
This figure is a decrease from 12.83% in August and a peak of 14.60% in May. Month-on-month, the index increased by just 0.07% in September, down from 0.89% in August and 1.21% in July.
Despite the rise in the index, the pace of annual growth has slowed over the past four months, indicating relative stability in imported food prices. Nigeria spent N3.30 trillion on food and beverage imports in the first half of 2026, with significant expenditure in the second quarter.
The United Nations Food and Agriculture Organization has warned that approximately 34.7 million Nigerians could face severe food insecurity during the upcoming lean season, highlighting ongoing challenges in food access and domestic agricultural production.
Plus234Feed summary based on reporting from Nairametrics. Read the original report below.
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