Controversy
Status:Open
Will Nigeria's Inflation Rate Fall Below 15% Before 2027?
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Claims
Afia TV"Projected 2026 average: 12.94%, reflecting continued easing of price pressures."Jun 04, 2026
Yemi Cardoso“Our next phase is focused on consolidation: anchoring inflation firmly on a downward trajectory toward a single-digit level, sustaining exchange-rate stability, strengthening reserve buffers through organic inflows, deepening interbank market development, and enhancing the robustness of our monetary-policy transmission.”Mar 27, 2026
Veriv Africa"Early indicators suggest Nigeria is trending toward the best-case scenario, which assumes inflation easing to 14.27% by year-end."Jun 04, 2026
Coronation Trustees"Analysts at Coronation Research have said the inflation rate in Nigeria would be at 15.95% on a year-on-year basis in April 2026."May 15, 2026
Central Bank of Nigeria"Nigeria's central bank forecasts 4.49% economic growth and inflation easing to an average 12.94% in 2026, citing stable forex markets and rising oil output as reforms take hold, its latest outlook showed on Tuesday."Jun 04, 2026
Proshare"Nigeria’s headline inflation rose marginally for the second consecutive month in 2026. Overall price levels mildly accelerated by 31 bps to 15.69% in April 2026, up from 15.38% in March, signalling a continued deviation from the disinflation momentum seen earlier in the year."Jun 04, 2026
Muda Yusuf"Higher fuel prices are directly affecting food distribution and manufacturing, leading to inflationary pressure."Apr 02, 2026
Ayo Teriba"Nigeria’s inflation could slow to a single digit by January 2026 as the lag effect of ‘Detty December’ is poised to further cool prices that have remained in the double-digit range for more than five years."Dec 19, 2025
BusinessDay Nigeria"If the current momentum continues, Nigeria is likely to hit single-digit inflation by February 2026."Dec 19, 2025
CNBC Africa"However, inflation is projected to rise to 20% level as the pass-through effects of fuel prices begin to manifest, and exchange rates are anticipated to fluctuate within the 1,350-1,500/$ band."May 19, 2026
Bismarck Rewane"Nigeria’s inflation rate could climb from 15% to 19% by May, driven largely by rising petrol prices and broader supply disruptions linked to the ongoing conflict involving Iran, the United States and Israel."Mar 21, 2026
IMF"The inflation rate, although down from 33.2% in 2024, is expected to spike again to 37.0% in 2026."Apr 22, 2025
Fiseha Haile"Inflation is still elevated and under increasing pressure, and that poses risks to incomes and poverty reduction."Jun 04, 2026
African Development Bank"Nigeria was expected to record an average inflation of 24.7% for 2025 before recording a significant decline to 17.3% in 2026."May 28, 2025
© 2026 Improve the News Foundation. All rights reserved.Version 7.6.4
© 2026 Improve the News Foundation.
All rights reserved.
Version 7.6.4