Nigeria’s food inflation may fall to single digits for the first time in more than a decade, underpinned by improved harvests, an import waiver policy on select foods, easing logistics bottlenecks and a steadier naira after years of sharp price increases that strained household budgets. Food inflation in Africa’s most populous nation eased to 10.84 percent year-on-year in December 2025, a significant drop from nearly 40 percent in December 2024, driven by a revised methodology and lower prices for staples like vegetables and tubers. The l
Nigeria’s food inflation may fall to single digits for the first time in more than a decade, underpinned by improved harvests, an import waiver policy on select foods, easing logistics bottlenecks and a steadier naira after years of sharp price increases that strained household budgets. Food inflation in Africa’s most populous nation eased to 10.84 percent year-on-year in December 2025, a significant drop from nearly 40 percent in December 2024, driven by a revised methodology and lower prices for staples like vegetables and tubers. The l