The Ekiti State Government is attributing recent moderation in food prices to its data-driven agriculture reforms and agri-tech initiatives, following the August 2025 Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS).
The NBS report shows a 6.8% month-on-month drop in the food index, with annual food inflation in Ekiti at 16.8%, below the national average. State officials say the figures validate Governor Biodun Oyebanji’s strategy of deploying technology, innovation, and private-sector partnerships to strengthen food security and stabilise costs.
The administration has rolled out digital agriculture platforms, youth-focused smart farming schemes, and data analytics tools to forecast production needs, track supply chains, and improve transparency in food distribution. Among the flagship programmes is Ounje Ekiti, powered by the Ilu Eye Trading Company, which leverages logistics technology and structured data to coordinate food supply interventions across communities.
The NBS report shows a 6.8% month-on-month drop in the food index, with annual food inflation in Ekiti at 16.8%, below the national average. State officials say the figures validate Governor Biodun Oyebanji’s strategy of deploying technology, innovation, and private-sector partnerships to strengthen food security and stabilise costs.
Despite easing food inflation, the NBS report also shows that Ekiti recorded the highest overall inflation rate in August at 28.2%, driven by non-food categories including housing, transport, and electricity.
In response, the State Government says it is scaling up investments in community electrification projects, digital mapping of transport routes, and e-governance reforms aimed at cutting costs and boosting efficiency in the medium term.
Officials stress that Ekiti’s approach reflects a data-first governance model, where policy decisions are increasingly shaped by insights from national and local data monitoring systems.
By integrating technology into agriculture, infrastructure, and economic planning, Ekiti says it aims not only to stabilise food supply but also to position the state as a model of tech-enabled governance and resilience among Nigeria’s subnational economies.
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