HomeBusinessSee the latest food prices as inflation climbs nationwide

See the latest food prices as inflation climbs nationwide

This post was originally published on this site.

Food inflation in Nigeria surged to 16.96% in May, affecting household incomes and living costsAdamawa reports the highest food inflation rate at 29.62%, while Borno sees a decline at -6.53%Nigeria’s overall headline inflation rose to 15.93%, driven largely by food and non-alcoholic beverages

Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.

The prices of major food staples consumed across Nigeria have continued their upward trend, with food inflation climbing to 16.96 per cent in May 2026, worsening pressure on household incomes and raising concerns over the cost of living.

New data released by the National Bureau of Statistics (NBS) showed that food inflation rose from 16.06 per cent recorded in April to 16.96 per cent in May on a year-on-year basis. On a month-on-month basis, food inflation accelerated by 2.98 per cent.

Sellers announce new prices for food items nationwideFood inflation hits 16.19% amid fresh inflation figures Credit: NurPhoto/Contributor
Source: Getty
RELATED ARTICLES
- Advertisment -spot_img

Most Popular

- Advertisment -spot_img
- Advertisment -spot_img