Muda Yusuf, chief executive officer of the Centre for the Promotion of Private Enterprise, says Nigeria’s inflation outlook is still vulnerable despite indications of easing price pressures recorded in April 2026.
In a statement issued on Friday, Muda Yusuf said headline inflation increased slightly from 15.38 percent in March to 15.69 percent in April.
The economist said the month-on-month inflation figures reflected “encouraging moderation” across key inflation segments.
According to him, “headline month-on-month inflation fell by 2.05 percent, food inflation slowed by 0.54 percent, core inflation dropped by 3.0 percent, urban inflation eased by 1.3 percent, while rural inflation recorded a sharp decline of 3.9 percent.”
However, the economist called it a “weakening in short-term inflationary momentum”.
