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Ten Most Expensive States To Live In Nigeria



Ten Most Expensive States To Live In Nigeria

Ten Most Expensive States To Live In Nigeria



NIGERIA– Inflation rates are often an economic barometer for understanding the health and well-being of a nation’s economy.




In Nigeria, inflation affects states differently, indicating the varied economic conditions across the country.



Ten Most Expensive States To Live In Nigeria


As these rates directly impact the cost of living, from essential commodities like food to housing and transportation, it’s crucial to know which states are the most expensive to live in based on their current inflation rates.



Nairametrics takes a look at the ten most expensive states in Nigeria based on the August Food Inflation and All Items Inflation rates.



The Criteria

For a comprehensive look, we ranked the states based on a combination of their August Food Inflation and All Items Inflation rates, as these are the two most important indicators affecting everyday life.




The Rankings

10. Oyo State

Food Inflation: 31.3%

All Items Inflation: 28.4%

Oyo kicks off our list with inflation rates that are high but less alarming compared to others on this list.

9. Ondo State

Food Inflation: 32.8%

All Items Inflation: 28.2%

Ondo closely follows Oyo, with only slight differences in food and all items inflation rates.

8. Delta State

Food Inflation: 32.9%

All Items Inflation: 26.6%

Delta ranks eighth with its high food inflation being a major concern, compounded by an overall high rate of inflation for all items.

7. Abia State

Food Inflation: 32.2%

All Items Inflation: 28.0%

Abia follows Delta but with a slightly higher all-items inflation rate.

6. Rivers State

Food Inflation: 34.0%

All Items Inflation: 29.1%

Rivers State presents a balanced but high rate of inflation for both food and all items, reflecting an economic issue that affects almost every sector.

5. Bayelsa State

Food Inflation: 34.1%

All Items Inflation: 28.6%

With rates that are closely matched to Rivers State, Bayelsa takes the fifth spot on our list.

4. Ekiti State

Food Inflation: 34.4%

All Items Inflation: 25.0%

Ekiti’s alarming food inflation rate is offset by a comparatively lower overall inflation rate, yet it still ranks high on our list.

3. Kwara State

Food Inflation: 35.3%

All Items Inflation: 26.9%

Kwara’s inflation rates make it the third most expensive state to live in Nigeria, despite not being a commercial hub like Lagos.

2. Lagos State

Food Inflation: 36.0%

All Items Inflation: 29.2%

Lagos, Nigeria’s economic center, ranks second with its exceptionally high inflation rates affecting both food and all items.

1. Kogi State

Food Inflation: 38.8%

All Items Inflation: 31.5%

Topping the list is Kogi State with its astronomical food inflation rate of 38.8%, making it the most expensive state to live in Nigeria.

Understanding these inflation rates is essential for grasping the economic challenges facing ordinary Nigerians.



These high rates erode the purchasing power of the average citizen and have far-reaching impacts on other aspects of life, such as healthcare, education, and housing.
While these figures offer a snapshot of the current situation, it is crucial for both [quote]policymakers and the general public to consider them as more than just statistics.





They represent real challenges that people face daily, highlighting the urgent need for comprehensive economic policies.
Efforts must be made to curb inflation, stabilize prices, and improve the living conditions in these states for the well-being of all Nigerians.



Sahara weekly online is published by First Sahara weekly international. contact







**No going back on creating inclusive economy, VP Shettima declares*





In a bid to support information technology revolution that would, in turn, extend the reach of economic and social interactions as well as enhance productivity growth in Nigeria, the Federal Government and ALAT have launched Skillnovation Programme.





The initiative will provide over three million Nigerians with essential digital skills required to succeed in the global economy.





Speaking during the launch of the programme at the Banquet Hall of the Presidential Villa, Abuja, on Friday, September 29, 2023, the Vice President, Sen. Kashim Shettima, described the Skillnovation as a “transformative initiative” that “ushers in a new era of digital empowerment for” Nigerians.





He said, “We are compelled to tread this path by the direction in which the world has headed, a world of disruptive technologies redefined by the fourth Industrial Revolution.





“This initiative is a response to the evolution of the modern business environment, an acknowledgment that digital skills have become the cornerstone of economic ease and expansion.”





The Vice President hinted that the gathering is one of the many to come and an occasion to reassure the nation that President Bola Ahmed Tinubu is fully committed to supporting small businesses across Nigeria.






The Skillnovation Programme will establish 15 state-of-the-art ICT centres, strategically placed across Nigeria, to provide individuals and businesses alike with access to cutting-edge digital training, resources, and support.





The first phase of the programme will focus on the states of Katsina, Anambra, Borno, Lagos, Oyo, and Kano, while the second phase will include Delta, Kaduna, Ogun, Bauchi, Kwara, and Ekiti States.





Giving an insight into how the country would benefit from the programme, Vice President said, “Nigeria, with its expanding MSME sector of close to 40 million, has the potential to lead business innovation beyond Africa. The Skillnovation Programme, therefore, aims to unlock this immense potential. The initiative is designed to provide the necessary tools and skills for our MSMEs to thrive and compete on the global stage.




“As you have witnessed, ladies and gentlemen, the Skillnovation Programme is not a mere promise; it is a resounding commitment to the Nigerian people,” the Vice President added. “It’s in pursuit of this administration’s resolve to empower our youth and MSMEs and to create a more inclusive and prosperous Nigeria. Today, we are translating that commitment into action, and we intend to be your allies in your race to take over the world through your enhanced skills.”

VP Shetimma also assured that nobody will be left out of the Skillnovation Programme, regardless of age, gender, or disability.

“There will be no disadvantaged demographic in accessing this opportunity. Our youth, women, and persons with disabilities have found friends and allies and will be favored in our proposed single-digit loan schemes for our valued MSMEs, for which talks are already ongoing with the Bank of Industry and other critical stakeholders and partners,” he stated.

The Skillnovation Programme is a significant step towards achieving the Federal Government’s vision of a digitally empowered and economically prosperous Nigeria. By providing MSMEs with the essential digital skills and support they need to succeed, the programme will help to create jobs, boost economic growth, and improve the lives of millions of Nigerians.

Earlier in his welcome address, the Senior Special Assistant to the President on Job Creation and MSMEs, Mr Temitola Adekunle-Johnson, emphasised the significance of partnership, noting that government alone cannot address the challenges confronting Nigerians.

On his part, Managing Director of Wema Bank, Mr Moruf Oseni, commended the passion of the President and Vice President for empowering young Nigerians, even as he announced the establishment of skills training centres across 17 states, beginning with Lagos and Borno.

He said the programme will directly impact 2 million youths and 1 million small businesses across the benefitting States.

The MD expressed optimism that the scheme will be impactful, particularly empowering young Nigerians and preparing them for the challenges of the future.

In his goodwill message, Minister of Communications and Digital Economy, Mr Bosun Tijjani, said President Tinubu administration’s will leverage the enthusiasm of youths in the technology space to launch Nigeria as a global power in sector.

He called on other private sectors to collaborate more with government to actualize the objectives of job creation.

On his part Governor Ahmad Aliyu of Sokoto State pledged the state government’s support for the success of the programme.

Also present at the event were the Ministers of Agriculture, Sen. Abubakar Kyari; Labour and Employment, Hon. Simon Lalong; Deputy Governors of Borno, Umar Kadafur; Kaduna, Hadiza Balarabe; Anambra, Onyeka Ibezim; Jigawa, Aminu Usman, and Heads of government agencies.






*Stanley Nkwocha*

*Senior Special Assistant to the President on Media & Communications*

*(Office of the Vice President)*

*29th September, 2023*

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Foundation Provides Financial Support To Outstanding Pupils In Ogun



Foundation Provides Financial Support To Outstanding Pupils In Ogun

Foundation Provides Financial Support To Outstanding Pupils In Ogun




In a bid to compliment government efforts at providing qualitative education to vulnerable children in Ogun schools, Obaruwa Foundation, a non-profit organization on Friday launched fund support for pupils at Ogbogbo Baptist Primary School, Ogbogbo-Ijebu in Ijebu North East local government area of the state.


Foundation Provides Financial Support To Outstanding Pupils In Ogun




Speaking through Mr Tunde Oresanya at the presentation of the cash gifts, the founder of the foundation, Omooba Adekunle Ayoola said the fund support has become an annual gesture of the group in reaching out to outstanding pupils who despite the lean purse of their parents came out with flying academic records in their examination.





According to him, the beneficiaries of the latest fund support were drawn from primary one to six, and pupils who came 1st, 2nd and 3rd in each class were rewarded.





Omooba Ayoola, a Poland based security expert whose passion for education support has received various outstanding laurels stressed that he would continue to employ various measures and programmes to improve the lives of the children, including educational sponsorships, educational supports, advocacy and healthcare assistance.







In her remarks, Mrs B.A Kazeem, the Assistant Head Teacher of the school, expressed appreciation towards the annual educational support of the foundation, seeking for more support both from the government and donors alike.

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AfricentOCL UK Makes ‘Global Energy Awards 2023’ Finalists List



AfricentOCL UK Makes ‘Global Energy Awards 2023’ Finalists List

AfricentOCL UK Makes ‘Global Energy Awards 2023’ Finalists List





It’s another major milestone for a top firm in the maritime business sector, AfricentOCL UK, as it made the finalists list of the 2023 edition of Platts Global Energy Awards.




In the carefully screened list of 207 credible energy companies, AfricentOCL UK tops five others in the Energy Transition (Mainstream) category. According to S&P Global Platts, the organizers of the awards event, firms are recognized based on their achievements and results, positive impact on customers and the industry.


AfricentOCL UK Makes ‘Global Energy Awards 2023’ Finalists List






“The ‘Global Energy Awards’ indicates the direction in which the energy industry is headed. It is about recognizing the energy sector’s exponential growth and rapid progress, thereby acknowledging companies and individuals working on the crucial, innovative, practicable solutions that will solve the energy industry challenges,” the organizers declared.





It is AfricentOCL UK’s second global honour within a space of eleven months. Making the list as one of the finalists in the Global Energy Awards was coming soon after its victory as the 2023 Greater London Enterprise Awards’ ‘Best Maritime Materials and Vessel Chartering Provider’ winner.






Expressing his joy at the fresh honour for his business empire, AfricentOCL UK CEO, Mr. Juwon Lawal Razaq, stated that such an honour coming from an internally recognized outfit like S&P Global Platts is to him a good ego booster, which encourages business outfits to aspire to achieve more exploits. “Making the finalists list, for us, is a great leap to winning. We understand that people are watching us, they know that we have the gifts and skills and we have never been afraid to show them toward making the industry greater. So, it’s a great way to announce our future win, and we will celebrate the honour,” Juwon Lawal affirms.

A special reception to mark Platts Global Energy Awards’ 25th anniversary will be held in New York on December 7, 2023, where winners will be announced.

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