
Agriculture
NEC approves 90-day plan to cut food costs and ease living crisis
The short-term plan targets production, transport and market bottlenecks, but structural food insecurity will require longer-term investment.
Tunde Balogun3 min read
3 results for “cost of living”

The short-term plan targets production, transport and market bottlenecks, but structural food insecurity will require longer-term investment.

Headline inflation eased to 14.63% in September 2026 from 15.39% in August as food prices retreated, but the National Bureau of Statistics reported that core and urban price pressures picked up, complicating the outlook for further rate cuts.

The federal government has rolled out a 30-day petrol discount at NNPC stations, a temporary measure to ease household costs amid lingering reform pressures.