Checkout 3 Most Expensive States To Live in Nigeria

Checkout 3 Most Expensive States To Live in Nigeria
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Bauchi, Kebbi and Sokoto States are the three most expensive states to live in Nigeria. This was disclosed by the National Bureau of Statistics, NBS.

The NBS’s consumer price index and inflation data for October, released on Friday indicated that Bauchi State recorded the highest year-on-year inflation rate of 46.68 percent in October 2024. This was followed by Kebbi (40.02 percent) and Sokoto (39.65 percent).

On the other hand, Delta (27.85 percent), Benue (28.22 percent), and Katsina (29.59 percent) recorded the lowest rise in headline inflation on a year-on-year basis.

On food inflation, Sokoto State recorded the highest in October 2024 (52.18 percent), Edo (46.55 percent), Borno (45.85 percent), while Kwara (31.68 percent), Kogi (33.30 percent), and Rivers (33.87 percent) recorded the slowest rise in food inflation on a year-on-year basis.

Nigeria’s food inflation influenced majorly by food and petrol price hikes have increased to a record high of 39.16 percent during the period under review.

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