The National Bureau of Statistics announced this on Twitter on Monday, October 16, 2023.
The rise in the country’s inflation is linked to the removal of petrol subsidies and the devaluation of the official exchange rate by President Bola Tinubu.
The NBS said, “September 2023, the headline inflation rate increased to 26.72% relative to the August 2023 headline inflation rate which was 25.80%