NBS Reveals Three States With Highest Inflation Rate

Kogi, Rivers and Lagos have been revealed as Nigeria states with the highest all-items inflation rate in October 2023.

The National Bureau of Statistics, NBS, Consumer Price Index, CPI, report for October disclosed this on Wednesday.

According to NBS, the all-items inflation rate on a Year-on-Year basis was highest in Kogi (34.20 per cent), Rivers (31.44 per cent) and Lagos (31.23 per cent).

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The states with lowest figures are, Borno (20.06 per cent), Jigawa (23.52 per cent), and Sokoto (24.47 per cent).

Also Read: NBS Reveals IGR Generated By 36 States, FCT in 2022