A new survey from the Central Bank of Nigeria (CBN) reveals that households earning between N150,000 and N250,000 are bearing the brunt of persistent inflation, driven largely by elevated energy costs.
The findings highlight a disconnect between macroeconomic indicators and household sentiment, as middle-income earners continue to feel the pressure despite broader signs of easing price growth.
91% in June 2026, marking the first monthly decline in three months.
The CBN report indicates that while general inflation fears are moderating, the cost of energy remains a primary burden for consumers.
This specific income bracket appears most vulnerable to price shocks, as their disposable income is increasingly consumed by essential utilities and fuel expenses.
The survey underscores the structural challenges facing Nigerian households, where energy affordability continues to dictate spending power.
This development comes as Nigeria’s headline inflation rate decelerated to 15.91% in June 2026, marking the first monthly decline in three months.