Country: Nigeria Source: World Food Programme Please refer to the attached file. Highlights• In June 2025, the food inflation rate stood at 22.22 percent down from 22.97 percent in May, representing a 3.26 percentage point decrease. This consistent decline is largely at-tributed to the rebasing of the Consumer Price Index (CPI), tighter monetary policies, and economic reforms stabilizing currency and prices1. In June, the official exchange rate of the Naira against the US Dollar closed at ₦1,532/$1, which indicated an appreciation of the Naira up to 3.49 percent from ₦1,585.5/$1 in the previous month2. Similarly, the parallel market exchange rate slightly dropped, closing at ₦1,570/$1 compared to ₦1,620/$1 in the previous month, marking a 3.18 percent appreciation of the Naira in June 2025.• Between May and June 2025, the cost of 70% Survival Minimum Expenditure Basket (SMEB) for a family of five rose sharply across most LGAs in Yobe and Borno States. Notably, Monguno, MMC, and Mobbar LGAs in Borno recorded dramatic increases of 40%, 36%, and 30%, respectively. These surges are likely driven by food stock depletion and possible trader hoarding, which are constraining market supply and inflating prices. In contrast, Yunusari and Yusufari LGAs in Yobe saw modest month-on-month declines of 12% and 4%, possibly offering short-term relief to households in those areas. However, for most market-dependent households, particularly those with exhausted food stocks, the escalating costs threaten to erode purchasing power and worsen food consumption patterns as the lean season advances. For detailed SMEB values across other LGAs in Borno and Yobe States, please refer to Table 3.• In June 2025, petroleum pump prices slightly declined across most LGAs in Borno and Yobe States compared to May. While this marginal decrease suggests that transportation costs may stabilize, it is unlikely to ease food prices, which remain influenced by seasonal factors such as the lean season. As a result, the overall outlook for market-dependent house-holds remains unfavorable. Among the monitored locations, Kala Balge (Borno State) recorded the highest average fuel price at ₦3,000 per litre, while the lowest was observed in MMC LGA (Borno State), at an average of ₦953 per litre.