Nigeria’s headline inflation rate rose to 15.15 per cent in December 2025, reflecting a moderation in price pressures compared with the previous month, the National Bureau of Statistics (NBS) has said.
The Statistician-General of the Federation and Chief Executive Officer of the NBS, Prince Adeyemi Adeniran, disclosed this today in Abuja while releasing the Consumer Price Index (CPI) report for December 2025.
According to the report, the CPI increased to 131.2 points in December 2025, representing a 0.7-point rise from November.
The figures are based on the newly rebased CPI, with 2024 adopted as the new base year and 2023 as the weight reference period, following the recent rebasing exercise.
On a month-on-month basis, headline inflation stood at 0.54 per cent in December, down from 1.22 per cent recorded in November 2025, indicating a slowdown in the pace of price increases.
Food inflation eased significantly during the month. On a year-on-year basis, food inflation stood at 10.84 per cent, while on a month-on-month basis it declined by 0.36 per cent, compared to an increase of 1.13 per cent in November.
The NBS attributed the decline to falling average prices of staple food items such as tomatoes, garri, eggs, potatoes, carrots, millet, vegetables, plantain, beans, wheat grain, pepper and fresh onions.
Core inflation, which excludes volatile agricultural produce and energy prices, stood at 18.63 per cent year-on-year in December 2025. On a month-on-month basis, core inflation fell to 0.58 per cent from 1.28 per cent in November.
Among the newly introduced indices, energy inflation rose sharply by 2.74 per cent, while farm produce declined by 0.41 per cent. Services and goods recorded moderate increases of 0.15 per cent and 0.64 per cent respectively.
Urban inflation stood at 14.85 per cent year-on-year, with a month-on-month increase of 0.99 per cent, slightly higher than November’s 0.95 per cent.
In contrast, rural inflation was recorded at 14.56 per cent year-on-year, while month-on-month inflation declined by 0.55 per cent, compared to a 1.88 per cent increase in November.
States with Highest and Lowest Inflation
At the state level, Abia (19.03%), Ogun (18.80%) and Katsina (18.66%) recorded the highest headline inflation rates on a year-on-year basis. Sokoto (8.61%), Plateau (9.05%) and Kaduna (10.38%) recorded the lowest.
On a month-on-month basis, inflation rose most sharply in Cross River (3.11%), Abia (2.63%) and Delta (2.53%), while Ondo (-3.74%), Gombe (-3.02%) and Jigawa (-1.96%) recorded declines.
For food inflation, Yobe (15.25%), Ogun (14.12%) and Abuja (13.24%) recorded the highest year-on-year increases, while Akwa Ibom (4.34%), Sokoto (4.62%) and Plateau (6.19%) posted the slowest rise.
Month-on-month food inflation was highest in Imo (3.19%), Nasarawa (3.16%) and Yobe (1.18%), while Plateau (-2.76%), Rivers (-2.50%) and Zamfara (-1.93%) recorded declines.
The NBS cautioned that state-level comparisons should be interpreted carefully, as CPI weights vary based on consumption patterns across states and locations.
