Business

Hardship: NBS reveals 3 most affordable states to live in Nigeria

Keep up with latest news and be part of our weekly giveaways and airtime sharing, follow our WhatsApp channel for more update. Click to Follow us

According to the National Bureau of Statistics (NBS), the most affordable states in Nigeria to reside in are Borno, Delta, and Benue.

Benue, Delta, and Borno had the slowest headline inflation increases year over year, according to the NBS July Consumer Price Index and Inflation Data, which was issued on Thursday.

Year-over-year headline inflation rates for Benue, Delta, and Borno were 27.28 percent, 28.06 percent, and 28.33 percent, respectively.

Taraba, at 0.17 percent, Kwara, at 0.62 percent, and Ondo, at 0.91 percent, saw the slowest headline inflation rise month over month.

Conversely, the largest increases were reported in Abuja (3.91 percent), Borno (3.84 percent), and Enugu (3.76 percent).

ZINGTIE had earlier reported that, in July, headline inflation in Nigeria dropped to 33.90 percent, the lowest level since 2022, when it was 21.34 percent, based on statistics from NBS.

Similarly, NBS said that food inflation decreased in July to 39.53 percent from 40.87 percent in June due to lower prices for garri, fufu, and other foods.

Please don’t forget to “Allow the notification” so you will be the first to get our gist when we publish it. 
Drop your comment in the section below, and don’t forget to share the post.

Jonathan Nwokpor

Recent Posts

‘CHEVRON DRAGNET’ is launched by MOVEMENT, damaging several pipelines.

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

3 hours ago

JUST IN: El-Rufai’s wife tackles her son over Tinubu on social media

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

3 hours ago

VIDEO: Tinubu should release Nnamdi Kanu or we will do this to his wife – Rochas Okorocha blows hot

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

4 hours ago

VIDEO: Mum of 4 shames ex-husband who said she won’t find another man, flaunts ring

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

4 hours ago

VIDEO: The snake is still in the room – 17 year-old boy frustrated over ritual gone wrong

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

4 hours ago

VIDEO: Dispatch rider who was sent to deliver a bowl of catfish and banga soup eats it all

Keep up with latest news and be part of our weekly giveaways and airtime sharing,…

4 hours ago