Nigeria TV Info 

Food Inflation Hits 14-Year Low, Offering Relief to Consumers

Nigeria’s food inflation has dropped to its lowest level in 14 years, signaling relief for households facing high living costs. The National Bureau of Statistics (NBS) reported that year-on-year food inflation slowed, driven by improved food supply and lower prices of staples like rice, maize, and vegetables. Economists say this decline could ease pressure on household budgets and reduce overall inflationary stress, although cautioning that sustained improvements depend on stable agricultural output and supply chain efficiency.