Friday, May 16, 2025

Top 5 This Week

Related Posts

High 10 most reasonably priced states to stay in Nigeria – April 2025 rating 

Please consider making a donation to help keep this website running. Every contribution, no matter how small, makes a meaningful difference. USDT (Binance) Wallet Address: [TBUd5iWyrpv4NYx6UKJcngAMForMuH3rKN] Thank you for your support!

The Nationwide Bureau of Statistics (NBS) on Tuesday launched its Shopper Worth Index (CPI) report for April 2025, revealing that Nigeria’s headline inflation charge eased to 23.71%, down from 24.23% recorded in March.

This represents a modest month-on-month decline of 0.52 share factors.

In line with the report, city inflation stood at 24.29% year-on-year—11.71 share factors decrease than the 36.00% recorded in April 2024.

On a month-to-month foundation, city inflation dropped to 1.18% in April 2025 from 3.96% in March.

Rural inflation was reported at 22.83% year-on-year, down by 8.81 share factors from 31.64% in April 2024. On a month-on-month foundation, rural inflation stood at 3.56%, in comparison with 3.73% in March.

Whereas states akin to Benue, the FCT, and Zamfara proceed to grapple with excessive inflationary pressures, others—like Ogun, Plateau, and Ondo—have recorded comparatively low inflation charges.

Based mostly on the newest NBS knowledge, the next are the highest ten states with the bottom inflation charges in April 2025:

1. Ogun and Adamawa – 20.9%

Ogun and Adamawa tied for a similar headline inflation charge at 20.9% year-on-year.

Ogun State recorded meals inflation at 9.9% y-o-y, with a month-on-month (m-o-m) decline of -7.1% for meals and -3.2% m-o-m for all objects.

Adamawa State reported meals inflation at 9.5% y-o-y, with meals inflation falling by -1.6% m-o-m, whereas inflation for all objects rose 3.5% m-o-m.

2. Taraba – 19.9%

Taraba adopted intently with a headline inflation charge of 19.9% y-o-y. Meals inflation stood at 20.3% y-o-y, with a 1.4% m-o-m improve in meals costs and a 2.5% m-o-m improve in all objects.

3. Rivers – 19.2%

Oil-rich Rivers State recorded 19.2% y-o-y inflation. Meals inflation was at 18.0% y-o-y, with a 1.8% m-o-m improve in meals inflation, whereas all objects declined by -0.7% m-o-m.

4. Plateau – 18.9%

Plateau got here in fourth with 18.9% y-o-y inflation. The state skilled a excessive meals inflation charge of 30.5% y-o-y. On a month-to-month foundation, meals inflation rose by 11.4%, and all objects elevated by 1.8%.

5. Oyo – 18.7%

Oyo State recorded 18.7% y-o-y headline inflation. Meals inflation stood at 21.5% y-o-y, with a big decline of -7.0% m-o-m in meals costs and -6.4% m-o-m in all objects.

6. Katsina – 17.6%

Katsina ranked sixth with 17.6% y-o-y inflation. Meals inflation was 22.1% y-o-y, rising by 6.4% m-o-m, whereas all objects declined by -3.0% m-o-m.

7. Akwa Ibom – 17.4%

Akwa Ibom posted 17.4% y-o-y inflation. Meals inflation stood at 16.4% y-o-y, with a 5.8% m-o-m improve in meals costs and 6.4% m-o-m rise in all objects.

8. Kwara – 17.3%

Kwara adopted with a 17.3% y-o-y inflation charge. The state recorded 15.8% meals inflation y-o-y, with 2.8% m-o-m improve in meals costs and three.4% m-o-m in all objects.

9. Cross River – 17.1%

Cross River had a headline inflation charge of 17.1% y-o-y. Meals inflation stood at 14.5% y-o-y, with 2.2% m-o-m rise in meals costs and three.9% m-o-m for all objects.

10. Ondo – 13.4%

Ondo topped the record with the bottom inflation charge in April 2025 at 13.4% y-o-y. Curiously, meals inflation was greater at 20.6% y-o-y, however on a month-to-month foundation, the state skilled 5.2% m-o-m rise in meals costs whereas all objects declined by -3.4% m-o-m.


Observe us for Breaking Information and Market Intelligence.
Please consider making a donation to help keep this website running. Every contribution, no matter how small, makes a meaningful difference. USDT (Binance) Wallet Address: [TBUd5iWyrpv4NYx6UKJcngAMForMuH3rKN] Thank you for your support!

Discover more from Parrotainment

Subscribe to get the latest posts sent to your email.

Leave a Reply

Popular Articles