Nigeria · Consumer markets
What Nigerian households expected to spend on in September 2026
Food led Nigeria’s September 2026 household spending expectations, followed by transport and other household goods. The Central Bank survey showed negative readings for motor vehicles, houses and appliances.
Sources checked
Food led the positive three-month readings at 54.7 points. Transport was second at 32.3 points.
How the survey measures expectations
The index compares the shares giving affirmative and negative responses. A positive reading means the affirmative share was higher. Food’s 54.7 points therefore describes the balance of responses about food and cannot be read as its share of household budgets. Source 1
Everyday costs led at both horizons
Food scored 54.7 points over three months and 54.9 over six. The readings for transport were 32.3 and 32.1. Education and electricity and water had positive readings in both columns, with small differences between the two horizons. Source 1
Big purchases remained weak
The reading for motor vehicles rose from minus 66.7 at three months to minus 43.4 at six months. Appliances and durable goods also had a less negative reading over six months. The results show more favourable expectations at the longer horizon, even though negative responses still prevailed. Source 1
How to compare the two columns
Both columns come from the same September survey. They record what people expected over different periods measured from that month. Tracking what households spent later would require transaction data or a separate expenditure survey. Source 1