Inflation: Edo, Kogi, Cross River record highest food prices in Nigeria

The National Bureau of Statistics, NBS, has identified Edo, Kogi and Cross River as three states with the highest prices of food in Nigeria in June 2024.

NBS disclosed this in its latest inflation report released on Monday.

This comes as DAILY POST reports that Nigeria’s food inflation rose for the 18th time to 40.87 per cent in June 2024.

On state-on-state analysis, food inflation on a Year-on-Year basis was highest in Edo (47.34 per cent), Kogi (46.37 per cent), and Cross River (45.28 per cent).

Meanwhile, Nasarawa (34.31 per cent), Bauchi (34.78 per cent) and Adamawa (35.96 per cent), recorded the slowest rise in food inflation on a Year-on-Year basis.

On a Month-on-Month basis, however, June 2024 Food inflation was highest in Yobe (4.75 per cent), Adamawa (4.74 per cent) and Taraba (4.12 per cent).

In contrast, Nasarawa (0.14 per cent), Kano (0.96 per cent) and Lagos (1.25 per cent) recorded the slowest rise in food inflation on a Month-on-Month basis.