No be small matter o! Naija inflation rate don drop small, come land for 15.10 percent as we enter January 2026. Dis one be slight change from 15.15 percent wey dem record for December 2025. Na di National Bureau of Statistics naim come release dis gist on Monday, make everybody sabi wetin dey happen. E no even follow wetin analysts dey predict, wey dem believe say inflation fit reach as high as 19 percent for January.
According to di report, Consumer Price Index (CPI) don waka go down to 127.4 for January from 131.2 for December. Na 3.8-point decrease, and if we check am well, we go see say di inflation rate for January dey 0.05 percentage points lower than wetin we get for December. Na wa o! We dey see small sign of relief.
People never dey sing victory anthem yet, but no be lie, for year-on-year basis, 15.10 percent for January 2026 dey miles better than d 27.61 percent wey dey show for January last year. Na like – this inflation reduction be for January, as month-on-month basis, e show negative 2.88 percent compared to 0.54 percent wey dem dey report for December. Meaning say price no dey rise again for dis month, we fit chop our food small no wahala.
Sey we go even talk about dis urban and rural inflation matter? Urban inflation dey show 15.36 percent on year-on-year basis for January 2026—dem dey fall sharply from 29.45 percent wey dem report for January 2025. Meanwhile, rural inflation don drop to 14.44 percent, e follow suit from 25.04 percent last year. Na different level of good news be dis o!
Food inflation? Chai! Na happy noise we dey hear here. E stand at 8.89 percent this year for January, and e dey way far from di 29.63 percent wey we come see last year. Na food wey dey cool down like wetin dem dey produce for market—yam, eggs, beans, palm oil, sweet palm oil—dem all dey reduce price. E mean say January no bad for hungry pipo!
As we continue to break down dis gist, dem talk say core inflation—dat one wey no dey include products wey dey rush like food and energy—stand tall for 17.72 percent this year compared to 25.27 percent last year. E mean say people fit dey manage small-small with di way dem dey do their budget.
Make we no forget state level talk: Benue dey lead di inflation chart with 22.48 percent, while Kogi and Federal Capital Territory dey follow with 20.98 percent and 19.25 percent respectively. Na small states like Ebonyi, Katsina, and Imo dey enjoy low rate wey dey go 8.72 percent, 8.94 percent, and 10.61 percent respectively. Dem dey manage their pounded yam and eba well-well.
On top food matter again, Kogi get highest inflation with 19.84 percent, while Benue follow with 18.38 percent and Adamawa dey show 17.29 percent. Ebonyi, Abia and Imo dey chill as dem dey manage food prices well.
As Naija enter new month, we dey hope say dis trend go continue, make people fit enjoy better life. We go dey follow dis matter closely, no say dis inflation wahala fit dey fickle. Abeg, no make ya wallet turn agbada between rice and beans, we go dey keep you updated!
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