Rufai Oseni Doubts NBS Inflation Figures On Arise TV
Arise Television anchor Rufai Oseni has voiced doubts about sharp inflation data on air, questioning the credibility of the National Bureau of Statistics' latest figures showing headline inflation at 15.43 percent in July 2026. According to the NBS, headline inflation eased from 15.91 percent in June to 15.43 percent in July, a 0.48 percentage point decline. On a month-on-month basis, the rate also slowed slightly, from 1.66 percent in June to 1.57 percent in July. However, the picture is more complicated underneath the headline number. Food inflation actually rose to 20.31 percent year-on-year in July, driven by rising prices for items including rice, water yam, tomatoes, and plantain. The overall Consumer Price Index also increased, from 143.0 points in June to 145.3 points in July, meaning prices kept climbing during the month, just at a slower pace than before. Speaking on The Morning Show on Tuesday, Oseni made clear he doesn't trust the numbers as presented. "I d...
