The National Bureau of Statistics (NBS) reports that the cost of certain food items has risen in the last year.
According to the NBS Selected Food Price Watch Report for April 2022, which was released in Abuja on Thursday, this is the case.
According to the report, the average price of 1kg of Beans (white, black eye, sold loose) increased by 44.32 percent year over year, from N359.64 in April 2021 to N519.05 in April 2022.
In March 2022, this increased by 2.59 percent month over month to N505.94.
According to the report, the average price of sliced 500g bread increased 35.31 percent year over year, from N332.95 in April 2021 to N450.51 in April 2022.
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“In April 2022, the average price of this item increased by 0.61 percent month over month.”
Similarly, it stated that the average price of a kilogramme of yam tuber increased by 42.88 percent year over year.
N252.80 in April 2021 to N361.20 in April 2022.
It increased from N353.56 in March 2022 to N361.20 in April 2022, indicating a 2.16 percent increase.
In the same vein, the average price of Palm oil (1 bottle) increased by 45.59 percent from N578.86 in April 2021 to N842.75 in April 2022, according to the report. It also increased by 0.06 percent month over month.
According to the report, the average price of 1kg Plantain (unripe) increased by 38.66% year over year, from N243.37 in April 2021 to N337.47 in April 2022.
It also stated that the average price of groundnut oil (1 bottle) in April 2022 was N1, 007.68, up 46.21 percent from N689.19 in April 2021.
“It increased by 1.31 percent month over month from N994.62 in March 2022.”
According to the report, Ebonyi had the highest average price of Beans (white, black eye, sold loose) at N875.71, while Borno had the lowest at N256.67.
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According to the report, the highest average price of bread sliced at 500g was N650.0 in Ebonyi, while the lowest was N261.38 in Borno.
According to the report, the highest price for a kilogramme of yam tuber was N695.93 in Akwa-Ibom, while the lowest price was N133.28 in Bauchi.
According to the report, the South-East had the highest average price of brown beans sold loose with N831.09, followed by the South-South with N676.13, and the North-East with N307.21.
“Similarly, the South-East had the highest average price for sliced 500g bread at N601.09, followed by the South-South at N550.21, and the North-East had the lowest at N278.51.”
The average price of 1kg of yam tuber was higher in the South-West and South-South, at N528.78 and N495.02, respectively, while the lowest was in the North-East, at N142.79.
