Graph showing declining inflation rates with downward trending arrow representing economic improvement in Nigeria

Nigeria's Inflation Drops to 15%, Food Prices Ease

😊 Feel Good

Nigeria's inflation rate fell sharply to 15.15% in December, down from 17.33% just a month earlier, bringing welcome relief to millions of families. Food prices are finally easing after years of steep increases.

Families across Nigeria are catching a break as the cost of everyday essentials drops for the first time in years.

The National Bureau of Statistics announced that inflation fell to 15.15% in December 2025, down from 17.33% in November. Even more encouraging, food inflation plummeted to 10.84%, a dramatic improvement from the 39.84% rate recorded in December 2024.

The price drops are showing up where it matters most. Tomatoes, eggs, garri, beans, onions, and other kitchen staples that had become increasingly expensive are now more affordable for ordinary Nigerians.

The relief isn't reaching everyone at the same pace. Yobe, Ogun, and Abuja still face the highest food inflation rates, while residents in Akwa Ibom, Sokoto, and Plateau are seeing the fastest improvements.

Month to month, prices are stabilizing too. December's inflation rate of 0.54% shows prices rising more slowly than November's 1.22%, signaling that the trend is moving in the right direction.

Nigeria's Inflation Drops to 15%, Food Prices Ease

The Ripple Effect

When food becomes more affordable, the benefits multiply quickly. Parents can stretch their budgets further, small business owners face lower costs, and families have more breathing room in their daily lives.

The drop in staple food prices means market vendors are seeing customers return, and households that had cut back on meals or switched to cheaper alternatives now have more options. The easing pressure on wallets translates directly into improved quality of life for millions.

This progress builds on itself. As prices stabilize, consumer confidence grows, businesses can plan better, and the economic anxiety that has gripped the nation begins to lift.

The numbers tell a story of real change, not just statistics. Compared to a year ago when inflation stood at 34.8%, the current 15.15% represents a transformation in Nigeria's economic landscape.

For a country that has weathered difficult economic storms, this sustained decline in both overall and food inflation offers something that has been in short supply: hope that things are genuinely improving.

Based on reporting by Vanguard Nigeria

This story was written by BrightWire based on verified news reports.

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