Nigeria’s inflation rate rises to 15.69% in April

Abuja, May 16, 2026 – Nigeria’s headline inflation gas risen to 15.69% in April 2026, from 15.38% in March.

The National Bureau of Statistics (NBS) disclosed this in the latest edition of its Consumer Price Index (CPI) report released on Friday.

It reported that the April headline inflation rate was an increase of 0.31% over the March inflation rate.

The NBS said on a month-on-month basis, the 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.”

The NBS also reported that food inflation rose to 16.06% on April 2026

“On a month-on-month basis, the Food inflation rate in April 2026 was 3.63%, down by 0.54% points from March 2026 (4.17%),” it said.

The NBS attributed the food inflation rate in April to the rate of change in the average prices of the following products: Millet Whole grain, Yam Flour, Ginger (Fresh), Beef, Garri, Yam Tuber, Pepper (Fresh), Cray Fish, Cassava Tuber, Beans, Irish Potatoes, Toma-toes (Fresh), Wheat Grain (Sold loose), Soy Beans, Guinea Corn, Plantain, Carrots (Fresh) etc.

It said the food inflation, on a year-on-year basis, was highest in Enugu (32.67 percent), Kwara (30.77 percent), and Adamawa (30.14 percent).

On the other hand, Borno (1.67 percent), Jigawa (6.17 percent) and Taraba (7.19 percent) recorded the slowest rise in food inflation on a year-on-year basis.

“On a month-on-month basis, however, April 2026 Food inflation was highest in Niger (8.53%), Bauchi (6.78%) and Kogi (6.72%),” NBS said.

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