Nigeria’s food inflation rate eased to 21.87 percent in August 2025, marking a sharp drop of 15.65 percentage points compared to 37.52 percent recorded in August 2024, according to the latest figures released by the National Bureau of Statistics (NBS). The rate was also lower than the 22.74 percent posted in July 2025.
The Bureau explained that the significant decline in the year-on-year food inflation was largely influenced by the recent change in the base year for measuring inflation.
Despite the overall slowdown, food inflation varied across states. On a year-on-year basis, Borno (36.67 percent), Kano (30.44 percent), and Akwa Ibom (29.85 percent) recorded the highest increases, while Zamfara (3.30 percent), Yobe (3.60 percent), and Sokoto (6.34 percent) posted the slowest rise.
On a month-to-month basis, food inflation was most pronounced in Kaduna (9.37 percent), Katsina (9.05 percent), and Akwa Ibom (7.87 percent). In contrast, Bayelsa (-9.52 percent), Sokoto (-8.92 percent), and Borno (-8.74 percent) witnessed declines.
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The NBS further reported that core inflation, which excludes volatile agricultural products and energy, stood at 20.33 percent in August — down from 27.58 percent in August 2024, representing a 7.25 percent decline. However, month-on-month core inflation rose to 1.43 percent in August from 0.97 percent in July.
For headline inflation, Ekiti (28.17 percent), Kano (27.27 percent), and Oyo (26.58 percent) topped the list of states with the highest annual rise, while Zamfara (11.82 percent), Anambra (14.16 percent), and Enugu (14.20 percent) recorded the lowest.
On a monthly basis, Yobe (9.20 percent), Katsina (8.59 percent), and Sokoto (6.57 percent) saw the sharpest increases, whereas Enugu (-5.32 percent), Taraba (-3.64 percent), and Nasarawa (-3.56 percent) reported declines.
