This is according to data released by the National Bureau of Statistics on Monday.
Amid the hunger crisis in Nigeria, food inflation in the country has continued its upward surge, growing up to 40.87% in June 2024.
This is according to data released by the National Bureau of Statistics on Monday.
This is an increase from the 40.66% recorded in May 2024. It is also an increase from the 25.25% recorded in June 2023.
Food inflation on a Year-on-Year basis was highest in Edo (47.34%), Kogi (46.37%), Cross River (45.28%), while Nasarawa (34.31%), Bauchi (34.78%) and Adamawa (35.96%), recorded the slowest rise in Food inflation on Year-on-Year basis.
On a Month- on-Month basis, however, June 2024 food inflation was highest in Yobe (4.75%), Adamawa (4.74%), and Taraba (4.12%), while Nasarawa (0.14%), Kano (0.96%) and Lagos (1.25%) recorded the slowest rise in food inflation on a Month-on-Month basis.
This development comes amid complaints of hunger and increasing prices of food items in Nigeria.
The Nigerian government recently announced the removal of import duties on food items such as rice, maize and cowpeas.
The government also announced a 150-day Duty-Free Import Window for food commodities which include suspension of duties, tariffs and taxes for the importation of certain food commodities through land and sea borders.
Nigerian government has been unable to tackle the rising inflation in the country, creating apprehension and uncertainties.
