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Nigeria's Inflation Drops to 14.63%, Revealing Affordable States

Nigeria's Inflation Drops to 14.63%, Revealing Affordable States

In September 2026, Nigeria's headline inflation rate fell to 14.63%, down from 15.39% in August, according to the National Bureau of Statistics (NBS). Food inflation slightly increased to 19.59%.

The analysis revealed that the North-East region dominated the list of the top 10 most affordable states, with six states: Taraba, Bauchi, Adamawa, Borno, Gombe, and Yobe. The North-West contributed three states: Kebbi, Jigawa, and Sokoto, while Kogi represented the North-Central region.

Notably, no states from the South-West, South-South, or South-East were included. Sokoto, which had the lowest inflation in August at 2.1%, dropped to 10th place with an inflation rate of 8.0%.

Kogi moved from fifth to ninth position with a headline inflation of 7.5%. Yobe and Gombe both recorded a headline inflation rate of 7.3%.

Yobe's food inflation fell significantly from 22.9% to -0.4%, indicating a reduction in food prices.

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

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