Can Nigeria’s Dropping Inflation Last Through The Festive Season?

Nigeria’s inflation rate has been on a steady decline, raising hopes that the worst of the price surge may be easing. The National Bureau of Statistics reports that inflation fell to 18.02% in September 2025 from 20.12% in August, marking the sixth straight month of downward movement. This trend suggests that some of the government’s monetary and fiscal measures are beginning to take effect, offering a bit of relief to households and businesses.

However, the real test lies ahead as the festive season approaches a period traditionally marked by increased spending, higher demand, and potential price pressures. While the easing inflation rate is encouraging, sustaining it will depend on supply stability, market discipline, and continued policy consistency. For now, Nigerians are watching closely to see whether this positive momentum can withstand the holiday rush and carry into the new year.