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Wednesday, 16 April 2025 10:00

Food Prices Highest In Oyo, Kaduna, Kebbi In March

Food Prices Highest In Oyo, Kaduna, Kebbi In March

Food inflation rate in Nigeria rose to 21.79 percent on a year-on-year basis in March 2025, this is as nation’s headline inflation rose to 24.23 percent, relative to the February 2025 headline inflation rate of 23.18 percent.

 

Food inflation was highest in Oyo (19.74 percent), Kaduna (17.24 percent), and Kebbi (14.03 percent) while Sokoto, Nasarawa and Edo states recorded decline in Food inflation

 

The report showed that on a month-on-month basis, the headline inflation rate in March 2025 was 3.90 percent, being 1.85 percent higher than the rate recorded in February 2025 (2.04 percent). This means that in March 2025, the rate of increase in the average price level is higher than the rate of increase in the average price level in February 2025.

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