Food Inflation Dropped To 16.87% On Falling Maize, Grain Prices

127 Views

After months of soaring food costs, Nigerians felt relief in September 2025 as food inflation dropped to 16.87%.

The National Bureau of Statistics explained that bumper harvests of maize, grains, and staples eased pressure on households.

After months of soaring food costs, Nigerians felt relief in September 2025 as food inflation dropped to 16.87%.

Food Inflation Eases

Data released on Wednesday showed food prices fell 1.57% month-on-month, as supply finally caught up with demand.

Consequently, headline inflation also eased, slipping to 18.02% from 20.12% in August.

The NBS highlighted that maize, grains, garri, beans, millet, potatoes, eggs, tomatoes, and peppers drove the decline.

Read Also: Surging Revenue Drives Geregu Power To Five-Year Profit Peak

Moreover, experts said ongoing harvests across the country flooded markets, helping tame previously runaway food prices.

Regional Differences Persist

However, relief varied across states: Ekiti recorded 28.68% food inflation, Rivers 24.18%, and Nasarawa 22.74%.

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

Emirates Taps APO Group To Boost Its African PR Presence

Wed Oct 15 , 2025
127 […]
Emirates has reached new heights, reporting a record US$3.3B profit before tax for this half-year. The airline increased profit by 13%

You May Like

Quick Links