The National Bureau of Statistics (NBS) has reported that Nigeria's inflation rate increased to 15.93% in May 2026, attributed primarily to rising food prices and core inflation pressures. Among the states surveyed, Yobe, Anambra, and Sokoto emerged as the most expensive, reflecting the significant impact of these economic factors on the cost of living. The report highlights the ongoing challenges faced by consumers as inflation continues to affect various sectors across the country.
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