NBS Data Shows Local Farm Produce Prices Rising Twice as Fast as Imported Food

Nigeria’s September 2026 inflation data shows imported food prices rising more slowly than locally produced farm goods. Imported food inflation stood at 9.18% year-on-year, compared with 18.85% for farm produce. Overall food inflation was 19.59%. Imported food inflation has fallen every month since peaking at 14.66% in May. It dropped from 12.82% in August to 9.18% in September. On a month-on-month basis, imported food prices rose by only 0.04% between August and September. Farm produce inflation moved in the opposite direction for much of the year. It rose from 9.76% in January to 21.52% in August before easing slightly in September. The unusual May dip reflects a high comparison base from May 2025, rather than a major fall in farm-gate prices. The figures challenge the assumption that locally grown food is always the more stable option. They also raise questions about production costs, transport, storage, insecurity and supply conditions affecting Nigerian farmers and consumers.

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