Monday, 15 July 2024 15:44

Inflation: NBS rates Bauchi, Kogi and Oyo states as most expensive places to live in Nigeria

The National Bureau of Statistics has said that Bauchi, Kogi and Oyo are the most expensive states to live in Nigeria.

This is according to NBS’s consumer price index and inflation report for June released on Monday.

The report showed Bauchi with a headline inflation of 43.95 percent, Kogi(39.91 percent) and Oyo(39.15 percent) in June on a year-on-year basis. 

However, on the flip side, Borno, Benue and Katsina States recorded the least rise in headline inflation.

Accordingly, Borno’s inflation stood at 25.90 percent, Benue (at 27.52 percent) and Katsina(at 29.21 percent).

On a Month-on-Month basis, however, June 2024 recorded the highest increases in Yobe (3.79 percent), Abuja (3.45 percent), Ondo (3.38 percent), Nasarawa (0.71 percent), Osun (1.19 percent) and Kano (1.27 percent) recorded the slowest rise in Month-on-Month inflation.

DAILY POST earlier reported that Nigeria’s headline inflation rose to 34.19 percent in June.



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