Food rates keep rising, according to NBS

The National Bureau of Statistics ( NBS ), says prices of food items such as tomatoes, beans and yams witnessed increases in April.
In its Selected Food Prices Watch Report for April, which was released on Saturday in Abuja, it made the claim.
According to the report, the average cost of 1 kg of tomatoes increased by 13.73 percent from N426.54 in April 2022 to N485.10 in that same year.
” On a fortnight – on – month basis, 1kg of tomatoes increased by 3.97 per share in April from the N466.60 recorded in March 2023,” it stated.

 

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The report also showed the average price of 1kg of brown beans( sold loose ) increased by 16.03 per cent on a year – on – year basis, from N530.62 in April 2022 to N615.67 in April 2023.
According to the NBS,” On a month-on-month schedule, it increased by 3.13 percent in April from N596.96 in March 2023.”
It stated also that the average cost of 1kg of garlic light rose by 15.87 per share on a month – on – month basis, from N380.94 in April 2022 to N441.38 in April 2023.
” On a fortnight – on – month basis, it dropped by 0.67 per share in April from the N444.37 recorded in March 2023,” it stated.

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The report stated also that the average cost of 1kg of Yam rose by 23.12 per share on a month – on – month basis from N361.20 in April 2022 to N444.69 in April 2023.
” On a fortnight – on – month basis, 1kg potato of potato increased by 0.38 per share in April from the N443.02 recorded in March 2023,” it added.
According to the report, the average cost of 1 kg of armless beef rose by 23.13 percent from N2, 026.8 in April 2022 to N2. 495.69 in that same month.
” On a fortnight – on – month basis, 1kg of armless steak increased by 0.65 per share in April from the N2, 479.61 recorded in March 2023,” it added.

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The statement explained that at the express level, the highest average cost of 1kg armless meat was recorded in Imo at N3, 277.11, while the lowest was recorded in Kogi at N1, 789.67.
In addition, the typical rate of one jug of vegetable oil rose by 26.34 per share on a month – on – year schedule from N981.16 in April 2022 to N1, 239.58 in April 2023.
” On a fortnight – on – month basis, it rose by 1.55 per share in April from N1, 220.62 recorded in March 2023,” the statement stated.
The highest average cost of 1kg of Tomato was recorded in Edo at N950.62, while the lowest was recorded in Kogi at N205.26.
According to the report, Niger recorded the lowest price of brown beans( sold loose ) at N428.57, while Ebonyi had the highest price.

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It demonstrated that Katsina State had the lowest price at N163.33, while Cross River had a record for the highest average rate of 1 kg of onion bulb, N987.39.
According to the report, Akwa Ibom had the highest average rate of 1 kg of Yam potato at N920.15, while Benue had a record-breaking lowest price, N200.37.
Additionally, Kogi recorded the lowest average rate for a bottle of vegetable oil at N735.33, while Abia had the highest average cost of N1, 694.74.

 

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