The National Bureau of Statistics, NBS, has revealed that Bauchi, Kebbi and Sokoto are the three most expensive states to live in Nigeria.
This is according to NBS’s consumer price index and inflation data for October, released on Friday.
According to the data, Bauchi State recorded the highest year-on-year inflation rate of 46.68 percent in October 2024. This was followed by Kebbi (40.02 percent) and Sokoto (39.65 percent).
On the slip side, Delta (27.85 percent), Benue (28.22 percent), and Katsina (29.59 percent) recorded the lowest rise in headline inflation on a year-on-year basis.
In the aspect of food inflation, in October 2024 it was highest in Sokoto (52.18 percent), Edo (46.55 percent), Borno (45.85 percent), while Kwara (31.68 percent), Kogi (33.30 percent), and Rivers (33.87 percent) recorded the slowest rise in food inflation on a year-on-year basis.
Media Talk Africa reports that food and petrol price hikes pushed Nigeria’s inflation to 33.88 percent in October.
Similarly, Nigeria’s food inflation increased to a record high of 39.16 percent during the period under review.
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