Nigeria Education Inflation Jumps to 10.72% as Last Year’s Dip Lifts the Rate
Nigeria education inflation rose to 10.72% in August 2026 from 7.51%, yet school prices rose only 0.17% in the month. A weak base did most of the work. The post Nigeria Education Inflation Jumps to 10.72% as Last Year’s Dip Lifts the Rate appeared first on The Rio Times .
In August 2026, education inflation in Nigeria rose to 10.72%, driven by a dip in prices from the previous year. The annual rate, which compares August 2026 with August 2025, rose from 7.51% in July. This increase is largely attributed to the base effect, accounting for nearly all of the 3.21-point jump. Education services make up 6.2% of the consumer price index basket and contributed 0.95 percentage points to the overall inflation.
In August, education services inflation contributed 0.95 percentage points to the 15.39% headline inflation rate, down from 16.00% in July. Lagos recorded the highest annual rate at 23.68%, while Sokoto had the lowest at 2.11%. The new school year in Lagos started on 14 September 2026, with any fee increases expected to appear in the September figures.
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