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    HomeNewsNBS Names Benue, Delta, Borno as Nigeria's Most Affordable States

    NBS Names Benue, Delta, Borno as Nigeria’s Most Affordable States

    According to the National Bureau of Statistics (NBS), Benue, Delta, and Borno are currently the most affordable states to reside in Nigeria.

    The NBS released its Consumer Price Index and Inflation Data for July on Thursday, revealing that these three states experienced the smallest year-on-year increases in headline inflation.

    Benue recorded a 27.28 percent inflation rate, Delta 28.06 percent, and Borno 28.33 percent.

    On a month-to-month basis, the lowest inflation increases were observed in Taraba (0.17 percent), Kwara (0.62 percent), and Ondo (0.91 percent).

    In contrast, Abuja (3.91 percent), Borno (3.84 percent), and Enugu (3.76 percent) saw the highest inflation increases during the same period.

    Earlier reports highlighted that Nigeria’s overall headline inflation rate decreased to 33.90 percent in July, marking the first decline since 2022 when it was 21.34 percent.

    The NBS also noted a drop in food inflation, attributed to lower prices of staple foods like garri and fufu, which contributed to the reduction from 40.87 percent in June to 39.53 percent in July.

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