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Nigeria's Most Affordable States Revealed for August 2026

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Nigeria's Most Affordable States Revealed for August 2026

In August 2026, Nigeria's national headline inflation rate decreased to 15.39%, marking the third consecutive month of decline. The National Bureau of Statistics reported that Sokoto, Kebbi, and Jigawa emerged as the three most affordable states based on all-items inflation rates.

The North-East region had the largest representation with four states—Bauchi, Borno, Gombe, and Taraba—while the North-West contributed three states. Notably, all ten states had inflation rates below the national average, with Sokoto recording the lowest at 2.1%.

Taraba completed the top ten with a headline inflation of 10.2%. Oyo ranked ninth, with a decline in headline inflation from 11.9% to 10.0%, while Ekiti ranked seventh with a decrease from 12.3% to 8.5%.

The agricultural strengths of these states, particularly in grain and livestock production, have played a crucial role in maintaining lower inflation rates.

Plus234Feed summary based on reporting from Nairametrics. Read the original report below.

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