Inflation remains high in six states and FCT despite slight national drop
Nigeria’s inflation rate stayed above 20 per cent in six states and the Federal Capital Territory, even as the national headline rate eased slightly. Data from the National Bureau of Statistics showed persistent price pressures at the subnational level, mainly driven by food costs and local factors. Dr Femi Egbesola of the Association of Small Business Owners of Nigeria noted that the marginal drop in inflation has not brought relief to businesses or households. The latest figures highlight ongoing challenges for consumers and enterprises across affected regions.
TLDR
- Inflation remained above 20 per cent in Kogi, Benue, Anambra, FCT, Oyo, Akwa Ibom, and Adamawa.
- Kogi had the highest all-items inflation at 23.6 per cent, with food inflation reaching 26.9 per cent.
- All states saw renewed monthly price increases in February 2026, after declines in January.
- The national headline inflation rate eased to 15.06 per cent in February 2026, down from 15.10 per cent in January 2026.
- Dr Femi Egbesola said the slight reduction in inflation is not enough to improve conditions for businesses or households.
