kvngkc/nigeria-inflation-analysis-2020-2025

Analysis of how oil prices and the naira collapse drove Nigeria's inflation crisis (2020–2025) — built with Excel and Tableau. # Nigeria Inflation Analysis 2020–2025 ### Oil, Naira & the Nigerian Household ## Overview Analysis of how crude oil prices and the naira exchange rate drove inflation in Nigeria between 2020 and 2025, and what it cost the average household. ## Key Finding Nigeria's inflation crisis was not an oil story — it was an exchange rate story. When the naira collapsed from ₦306 to ₦1,670, everything else followed. ## Key Numbers - Naira depreciation: ₦306 → ₦1,670 (446% decline) - Peak headline inflation: 34.80% (Dec 2024) - Peak food inflation: 40.66% (Jun 2024) - Household basket cost: ₦45,000 → ₦180,503 (301% increase) ## Tools Used - Excel — data cleaning and household basket calculation - Tableau — dashboard and visualisations ## Data Sources - NBS (National Bureau of Statistics) - CBN (Central Bank of Nigeria) - World Bank ## Dashboard [public.tableau.com ] ## Author Victor Okoye | Data Analyst LinkedIn