Nigeria’s three most expensive states revealed

Oyo, Kogi and Bauchi have all been identified as Nigeria’s three most expensive states on a year-on-year basis according to reports from the Nigeria Bureau of Statistics, (NBS)

The latest April consumer price index and inflation report shows  all three states recorded highest in its  Items Inflation.

The NBS’s latest April consumer price index and inflation report further showed , Lagos, Ondo, and Edo as the most expensive states in Nigeria on month-on-month basis.

In the breakdown of  the NBS report, Kogi state has 40.84 per cent of all items in inflation, Bauchi (39.91 per cent), and Oyo (38.37 per cent).

Conversely, Borno (26.09 per cent), Benue (27.53 per cent), and Taraba (28.69 per cent) recorded the slowest rise in Headline inflation on a Year-on-Year basis.

Meanwhile, on a month-on-month basis, April 2024 recorded the highest increases in Lagos (4.52 per cent), Ondo (3.35 per cent), and Edo (3.27 per cent), while Kano (0.30 per cent), Ebonyi (0.97 per cent), and Adamawa (1.25 per cent) recorded the slowest rise in Month-on-Month inflation.