In its report for April, the National Bureau of Statistics (NBS), has said prices of food items such as tomatoes, beans, and yams experienced some hike in the month of April.
The statistics office made the declaration in its Selected Food Prices Watch Report for April. The report also stated that the average price of 1kg of tomato on a year-on-year basis rose by 13.73 per cent from N426.54 in April 2022 to N485.10 in April 2023.
On a month-on-month basis, the NBS report indicated that 1kg of tomato increased by 3.97 per cent in April from the N466.60 recorded in March 2023.
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.
“On a month-on-month basis, it increased by 3.13 per cent in April from N596.96 in March 2023,’’ the NBS added. It stated also that the average price of 1kg of onion bulb rose by 15.87 per cent on a year-on-year basis, from N380.94 in April 2022 to N441.38 in April 2023.
“On a month-on-month basis, it dropped by 0.67 per cent in April from the N444.37 recorded in March 2023,’’ it stated. The report stated also that the average price of 1kg of Yam rose by 23.12 per cent on a year-on-year basis from N361.20 in April 2022 to N444.69 in April 2023.
“On a month-on-month basis, 1kg tuber of yam increased by 0.38 per cent in April from the N443.02 recorded in March 2023,’’ it added. It stated that the average price of 1kg of boneless beef increased by 23.13 per cent from N2,026.8 in April 2022 to N2,495.69 in April 2023.
“On a month-on-month basis, 1kg of boneless beef increased by 0.65 per cent in April from the N2,479.61 recorded in March 2023,’’ it added. The report explained that at the state level, the highest average price of 1kg of boneless beef was recorded in Imo at N3,277.11, while the lowest was recorded in Kogi at N1,789.67.
In addition, the average price of one bottle of vegetable oil rose by 26.34 per cent on a year-on-year basis from N981.16 in April 2022 to N1,239.58 in April 2023. “On a month-on-month basis, it rose by 1.55 per cent in April from N1,220.62 recorded in March 2023,’’ the report stated.
