Nigeria’s energy inflation more than doubles to 10.85% in September
Nigeria’s energy inflation rate more than doubled on a year-on-year basis to 10.85% in September 2026, rising sharply from 4.69% in August as energy price pressures intensified across the country. The post Nigeria’s energy inflation more than doubles to 10.85% in September appeared first on Nairametrics .
Nigeria's energy inflation rate surged to 10.85% in September 2026, more than doubling compared to the previous month's 4.69%. This sharp increase comes as energy prices continue to climb, driven by global disruptions caused by the conflict in Iran, Israel, and the United States. The National Bureau of Statistics (NBS) reported this significant jump in the Consumer Price Index (CPI) inflation report released on October 15, 2026.
Despite a slight decrease in the overall inflation rate, which eased to 14.63% from 15.39% in August, energy inflation stood out with a 6.16 percentage points rise between August and September, marking a staggering 131.34% surge in the annual rate within a single month.
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