According to the National Bureau of Statistics, Kogi, Lagos, and Rivers have been identified as the most expensive states in Nigeria.
The latest Consumer Price Index released by the NBS for November reveals that these three states have the highest All-Items Inflation rate.
On a year-on-year basis, the report shows that Kogi (33.28%), Lagos (32.30%), and Rivers (32.25%) witnessed the highest price increases.
In contrast, Borno (22.47%), Katsina (24.91%), and Plateau (25.53%) experienced the slowest rise in Headline inflation on a Year-on-Year basis.
When examining month-on-month changes in November 2023, Kano (3.55%), Kebbi (3.34%), and Borno (3.24%) had the highest increases, while Taraba (0.74%), Anambra (1.00%), and Enugu (1.18%) recorded the slowest rises in Month-on-Month inflation.
Looking specifically at food inflation in November 2023, Kogi (41.29%), Kwara (40.72%), and Rivers (40.22%) topped the list on a Year-on-Year basis, with Bauchi (26.14%), Borno (27.34%), and Jigawa (27.63%) seeing the slowest rise in food inflation.
On a Month-on-Month basis in November 2023, Cross River (4.37%), Edo (3.95%), and Rivers (3.91%) reported the highest food inflation, while Anambra (0.63%), Oyo (0.91%), and Bauchi (1.00%) had the slowest rise in inflation.
NewsNow states that Nigeria’s inflation in November reached 28.20%.
