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Inflation Rises To 15.69% - NBS - Business - Nairaland

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Inflation Rises To 15.69% - NBS by Omooba77(op): 3:36pm On May 15
Nigeria’s headline inflation figure rose to 15.69%, up from 15.38% in March 2026

According to a report by the National Bureau of Statistics (NBS), there was an increase of 0.31% compared to the March 2026 Headline inflation rate.

It said the April figure was lower than the 26.82% recorded in the same month of the preceding year (April 2025).

It noted that on a month-on-month basis, the Headline inflation rate in April 2026 was 2.13%, which was 2.05% lower than the rate recorded in March 2026 (4.18%).

“This means that in April 2026, the rate of increase in the average price level was lower than the rate of increase in the average price level in March 2026.”

It stated that the Food inflation rate in April 2026 was 16.06% on a year-on-year basis and stood at 24.68% in the same month of the preceding year (April 2025).

It explained that the food inflation rate in April 2026 was 3.63%, down by 0.54% points from March 2026 (4.17%).

It attributed the drop to the rate of change in the average prices of millet whole grain, yam flour, ginger (fresh), beef, garri, yam tuber, pepper (fresh), cray fish, cassava tuber, beans, Irish potatoes, tomatoes (fresh), wheat grain (sold loose), soy beans, guinea corn, plantain, carrots (fresh) etc.

“The average annual rate of Food inflation for the twelve months ending April 2026, relative to the previous twelve-month average, was 17.55%, which was 17.05% points lower than the average annual rate of change recorded in April 2025 (34.60%).”

On state analysis, the report All-Items inflation rate on a year-on-year basis was highest in Sokoto (25.74%), Bauchi (22.52%), and Zamfara (22.03%), while Edo (5.91%), Borno (6.72%) and Jigawa (7.04%) recorded the lowest rise.

On a month-on-month basis, however, April 2026 recorded the highest increases in Niger (5.66%), Kano (4.50%) and Plateau (4.39%), while Bayelsa (0.64%), Enugu (0.98%), and Rivers (1.02%) recorded a decline.

For food inflation on a year-on-year, it was highest in Enugu (32.67%), Kwara (30.77%), and Adamawa (30.14%), while Borno (1.67%), Jigawa (6.17%) and Taraba (7.19%) recorded the slowest rise.

But on a month-on-month basis, it was highest in Niger (8.53%), Bauchi (6.78%) and Kogi (6.72%), while Kebbi (0.23%), Katsina (0.47%), and Bayelsa (1.29%) recorded a decline.
https://dailytrust.com/inflation-rises-to-15-69/

Re: Inflation Rises To 15.69% - NBS by Parachoko: 3:36pm On May 15
Nah Donald Trump dey cause this nonsense
Re: Inflation Rises To 15.69% - NBS by GrammarNazi1(m): 3:45pm On May 15
The government should do something about rising inflation!
Re: Inflation Rises To 15.69% - NBS by Felabrity: 3:47pm On May 15
Inflation was never 15%

How did it move from 30% to 15%?

Is nbs on drugs or standing on Tinubu mandate?
Re: Inflation Rises To 15.69% - NBS by Haydens: 3:49pm On May 15
For this Tinankwa abi Theanubu government, inflation na water he dey use am do saraka. Peak Cluelessness, nothing dey his skull at all.

Come on you Tinubu (COYT). grin grin
Re: Inflation Rises To 15.69% - NBS by MASTAkiLLAh(m): 3:49pm On May 15
15.69 ko, una no well at all
Re: Inflation Rises To 15.69% - NBS by iwaeda: 3:50pm On May 15
We can not doctored figures again. Inflation is above 30%, transportation cost is far more than minimum wage. Tinubu has done nothing to solve Nigeria's problem. grin grin grin grin grin
Re: Inflation Rises To 15.69% - NBS by Gotocourt: 3:51pm On May 15
Emilokan mismanaged our sovereign funds, deceived Nigerians with subsidy and plundered us into severe debt angry
Re: Inflation Rises To 15.69% - NBS by Lanruze:
I watched the head-to-head interview of PBAT and the female Presenter from Rwanda during the African CEOs summit in Kigali yesterday 14th May and I shook my head on the APC supporters comments.

Nigerians indeed have selective àmnesia.

What Nigerians should be pressing is the removal of Prof. Joash Amupitan and legislation on selection of a new INEC Chairman.

2027 is the most important thing in our life and we must deal with it like a sniper precision.
Re: Inflation Rises To 15.69% - NBS by fuckingAyaya(m): 3:54pm On May 15
Una never talk true, reasonable Nigerians warned against this calamity
Re: Inflation Rises To 15.69% - NBS by bosschinalu(m): 3:54pm On May 15
UNTIL THE POOR DECIDES TO EATS THE RICH POLITICIAN...

Till Then...
Re: Inflation Rises To 15.69% - NBS by Hemanwel(m): 3:55pm On May 15
Their president (not mine) will say the US-Iran war caused it
Re: Inflation Rises To 15.69% - NBS by agabusta: 3:57pm On May 15
When it is reported that inflation drops, they will rush and call the report oluwole statictics. When it is reported that inflation rises, they will rush and heap abuses on government. cheesy

Nigerians are funny.
Re: Inflation Rises To 15.69% - NBS by Guestmale: 4:00pm On May 15
The middle east unrest is definitely having impact on the world economy, Nigeria inclusive.
Re: Inflation Rises To 15.69% - NBS by Seunpapa65: 4:00pm On May 15
If you watch the interview of Tinubu in Rwanda you will burst out laugh
You will wonder how became the president in the first place
Re: Inflation Rises To 15.69% - NBS by gulfer: 4:07pm On May 15
Only God knows where you get your indices but the common man on the street can sure tell you that the inflation is well over 30% currently, Ndiara National Bureau of Statistics (NBS) angry angry angry angry
Re: Inflation Rises To 15.69% - NBS by michoim(m): 4:12pm On May 15
God punish The evil rulers...
Re: Inflation Rises To 15.69% - NBS by Macphenson: 4:13pm On May 15
Bola Ahmed Tinubu is the S.I unit of failure in governance and administration. The only thing he knows how to do is borrow money and tax the citizens to poverty.
Re: Inflation Rises To 15.69% - NBS by PlasmaTV: 4:14pm On May 15
Parachoko:
Nah Donald Trump dey cause this nonsense
Welcome back, bro.
You need to work for your salary.
Oya, continue yarning okpa.
Re: Inflation Rises To 15.69% - NBS by Macphenson: 4:15pm On May 15
Guestmale:
The middle east unrest is definitely having impact on the world economy, Nigeria inclusive.
There is oil boom sales. That's what you guys said during Goodluck Jonathan. Tinubu have sold oil highest.
Re: Inflation Rises To 15.69% - NBS by PlasmaTV: 4:15pm On May 15
agabusta:
When it is reported that inflation drops, they will rush and call the report oluwole statictics. When it is reported that inflation rises, they will rush and heap abuses on government. cheesy

Nigerians are funny.
It's your president that's funny. Eat your corn in peace and stop trying to gaslight Nigerians.

BAT is a failure.
Re: Inflation Rises To 15.69% - NBS by reiddecuti: 4:15pm On May 15
Tinubu is working. Inflation growing. Nigeria is getting better.


Tinubu till 2031! Whets are the data boyz? Come and defend your master oh!!!
Re: Inflation Rises To 15.69% - NBS by Vision101(m): 4:19pm On May 15
gulfer:
Only God knows where you get your indices but the common man on the street can sure tell you that the inflation is well over 30% currently, Ndiara National Bureau of Statistics (NBS) angry angry angry angry
Who taught the common man on street statistics? Do your calculations and prove to us.
Re: Inflation Rises To 15.69% - NBS by Usmanovic95(m): 4:21pm On May 15
Parachoko:
Nah Donald Trump dey cause this nonsense
same way buhari blame covid 19 and endsars protest, always looking for a prevalent event to heap the blame on.You guys just don't own up to your failure.
Re: Inflation Rises To 15.69% - NBS by ZombieTERROR: 4:22pm On May 15
This 2027 Should be void of sentiments

APc has failed

It's time for real change
Re: Inflation Rises To 15.69% - NBS by MrPOTUS: 4:29pm On May 15
Any double figure inflation is hell. Make una no let data boyz whyne una o undecided
Re: Inflation Rises To 15.69% - NBS by Tjra: 4:33pm On May 15
agabusta:
When it is reported that inflation drops, they will rush and call the report oluwole statictics. When it is reported that inflation rises, they will rush and heap abuses on government. cheesy

Nigerians are funny.
Nigerians? Or you mean Obidients?
Re: Inflation Rises To 15.69% - NBS by Guestmale: 4:48pm On May 15
Macphenson:
There is oil boom sales. That's what you guys said during Goodluck Jonathan. Tinubu have sold oil highest.
That is a lie.Before April the start of Iran war the crude oil was selling for around $70 per barrel, now it's around $104 dollars per barrel with daily production of 1.489million compared it to the regime of Jonathan, the price of crude oil was about $120 per barrel, and Nigeria’s daily production was around 2.2 million barrels per day.
Re: Inflation Rises To 15.69% - NBS by Reference(m): 4:52pm On May 15
GrammarNazi1:
The government should do something about rising inflation!
It can't do anything about inflation.
It doesn't know how to reduce inflation.
As a matter of fact their very nature cannot tackle inflation. It will mean economic surgery to change their DNA.
Re: Inflation Rises To 15.69% - NBS by Reference(m): 4:57pm On May 15
Guestmale:
That is a lie.Before April the start of Iran war the crude oil was selling for around $70 per barrel, now it's around $104 dollars per barrel with daily production of 1.489million compared it to the regime of Jonathan, the price of crude oil was about $120 per barrel, and Nigeria’s daily production was around 2.2 million barrels per day.
So why is the balance of 34 USD. About a 50 percent surplus on the reserve budget rate not reflecting in the economy.... remember the prices have been elevated for a considerable amount of time now. This war has dragged on.

It told you folks that government has a spending problem, not a revenue problem. Even if oil sells for $500 dollars a barrel, it will not reflect anywhere....as long as the citizens that own this oil do not ask those entrusted with the management serious questions.
Re: Inflation Rises To 15.69% - NBS by ottersberger(m): 4:59pm On May 15
Felabrity:
Inflation was never 15%

How did it move from 30% to 15%?

Is nbs on drugs or standing on Tinubu mandate?
No mind dem. Nigeria's inflation hovers around 35 percent minimum.
Re: Inflation Rises To 15.69% - NBS by mightyhaze: 5:02pm On May 15
Gotocourt:
Emilokan mismanaged our sovereign funds, deceived Nigerians with subsidy and plundered us into severe debt angry
plundered us? How do u do that? Oh u mean plunged us into debts
1 2 Reply

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