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First with the News

Food Prices In Nigeria Steadily Rising – NBS

July 24, 2021
in Economy, Top Stories
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By John Ikani

The National Bureau of Statistics (NBS) has said prices of food have continued to rise on a month-on-month basis, as its reports show a steady increase in prices in the month of June, 2021.

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The Summary of “Selected Food Price Watch”, said selected data for June 2021 indicated that the average price of one dozen of agric eggs medium size, increased Year-on-Year by 17.69 percent and month-on-month by 2.76 percent to N556.47 in June 2021 from N541.53 in May.

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The report indicated that average price of piece of agric eggs medium size (price of one) increased YoY by 21.44 percent and month- on-month by 2.46 percent to N51.22 in June 2021 from N49.99 in May 2021.

The report said the “average price of 1kg of tomato increased year-on-year by 13.92 per cent and month-on-month by 10.53per cent to N335.46 in June 2021 from N303.51 in May 2021.

“The average price of 1kg of yam (imported high quality sold loose) increased year year-on-year by 16.31per cent and month-on-month by 2.5per cent to N557.98 in June 2021 from N544.09 in May 2021.

“Similarly, the average price of 1kg of yam tuber increased year-on-year by 14.69 per cent by 14.69per cent and month on month by 6.50per cent to N287.54 in June 2021from N269.98 in May 2021.”

Tags: Food Prices In NigeriaFood Security in NigeriaNBS
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