• News
  • Article
  • Business
  • Health
  • Politics
  • Achievement/Profile
  • Sports
  • Features
  • Adverts
Menu
  • News
  • Article
  • Business
  • Health
  • Politics
  • Achievement/Profile
  • Sports
  • Features
  • Adverts
Home News

Rice, tomato, yam, other foods prices soar in May – NBS

Omotayo Daranjo by Omotayo Daranjo
July 5, 2023
in News
0
Rice, tomato, yam, other foods prices soar in May – NBS
0
SHARES
14
VIEWS
Share on FacebookShare on Twitter

Amid hardship caused by fuel subsidy removal, the prices of food items such as tomato, rice, and yams have increased in May.

The National Bureau of Statistics, NBS, disclosed this on Tuesday in its Food Prices Watch Report for May.

READ ALSO

Who Lives Better: Income of N1.5M in Nigeria or $1K in the US? 

Nigeria Immigration dismisses 2 officers for kidnapping, others

An overview of the report showed that the prices of tomato, yam, rice, onion, meat have reached the rooftop.

For instance, the report stated that the average price of 1kg of tomato yearly rose by 17.68 per cent from N423.48 in May 2022 to N498.34 in May 2023.

It said that the average price of 1kg of local rice (sold loose) increased by 24.06 per cent year-on-year, from N447.51 in May 2022 to N555.18 in May 2023.

Similarly, the report stated that the average price of 1kg yam tuber increased by 22.84 per cent year-on-year from N372.23 in May 2022 to N457.25 in May 2023.

The NBS said the average price of 1kg of Onion bulb rose by 17.12 per cent year-on-year from N387.53 in May 2022 to N453.86 in May 2023.

The report stated that the average price of 1kg of boneless beef increased by 24.19 per cent from N2,029.59 recorded in May 2022 to N2,520.52 in May 2023.

The state profile analysis showed that the highest average price of 1kg of tomato was recorded in Edo at N957.95, while the lowest was in Kogi at N215.43.

It stated that Ondo recorded the highest price of 1kg of local rice (sold loose) at N724.81, while Jigawa recorded the lowest price at N369.09.

The report stated that Cross River recorded the highest average price of 1kg of onion bulb at N960.82, while the lowest price was recorded in Katsina at N334.21.

The NBS said the highest average price of 1kg of yam tuber was in Akwa Ibom at N924.17, while the lowest price was in Benue at N214.79.

In addition, the highest average price of 1kg of boneless beef was recorded in Imo state at N3,475.04, while the lowest was recorded in Kogi at N1,790.14.

Nigerians have continued to groan over the hike in transportation prices, goods and services owing to fuel subsidy removal and foreign exchange market unification.

According to the NBS, the May inflation figure increased to 22.41 per cent.

Related Posts

Who Lives Better: Income of N1.5M in Nigeria or $1K in the US? 
News

Who Lives Better: Income of N1.5M in Nigeria or $1K in the US? 

October 24, 2025
Nigeria Immigration dismisses 2 officers for kidnapping, others
News

Nigeria Immigration dismisses 2 officers for kidnapping, others

October 24, 2025
Nnamdi Kanu’s Trial: I Will Appear as Witness If Court Summons Me – Wike
News

Nnamdi Kanu’s Trial: I Will Appear as Witness If Court Summons Me – Wike

October 24, 2025
Sowore Threatens to Occupy FCT Police Command Over Arrest of Nnamdi Kanu’s Lawyer, Visits Command
News

Sowore Threatens to Occupy FCT Police Command Over Arrest of Nnamdi Kanu’s Lawyer, Visits Command

October 22, 2025
I Met My Husband On Facebook – Seyi Tinubu’s Wife, Layal, Reveals
News

I Met My Husband On Facebook – Seyi Tinubu’s Wife, Layal, Reveals

October 17, 2025
Nnamdi Kanu: U.S. Embassy issues security alert ahead of Abuja protest 
News

Nnamdi Kanu: U.S. Embassy issues security alert ahead of Abuja protest 

October 17, 2025
Next Post
EPL: He’s a world-class player – Glen Johnson names transfer sale Chelsea will regret

EPL: He’s a world-class player – Glen Johnson names transfer sale Chelsea will regret

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

The Trumpet International Magazine is a real-time and comprehensive news magazine. It is an independent, national news provider for Africans, reporting daily developments and events in South Africa and other African Countries and their Citizens based in South Africa.

Categories

  • News
  • Article
  • Business
  • Health
  • Politics
  • Achievement/Profile
  • Sports
  • Features
  • Adverts
Menu
  • News
  • Article
  • Business
  • Health
  • Politics
  • Achievement/Profile
  • Sports
  • Features
  • Adverts

Recent Post

Who Lives Better: Income of N1.5M in Nigeria or $1K in the US? 

Nigeria Immigration dismisses 2 officers for kidnapping, others

Crystal Palace boss makes decision on Christantus Uche after game with club’s U-21

Nnamdi Kanu’s Trial: I Will Appear as Witness If Court Summons Me – Wike

Sowore Threatens to Occupy FCT Police Command Over Arrest of Nnamdi Kanu’s Lawyer, Visits Command

News
Omotayo Daranjo
Who Lives Better: Income of N1.5M in Nigeria or $1K in the US? 

A few years ago, I was in a

Read More »

Trumpet Magazine | © 2021.

Facebook Twitter Youtube Linkedin Instagram

Add New Playlist