• 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
12
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

Nigeria Govt, Nestlé Forge Strategic Alliance to Enhance Water Quality Nationwide

Parents of Benue passengers allege soldiers aided kidnappers, fault Police rescue claim

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

News

Nigeria Govt, Nestlé Forge Strategic Alliance to Enhance Water Quality Nationwide

July 4, 2025
Parents of Benue passengers allege soldiers aided kidnappers, fault Police rescue claim
News

Parents of Benue passengers allege soldiers aided kidnappers, fault Police rescue claim

July 4, 2025
Tinubu, Atiku are good friends, they may be visiting each other at night – Orji Uzor Kalu
News

Tinubu, Atiku are good friends, they may be visiting each other at night – Orji Uzor Kalu

July 3, 2025
Tinubu playing politics instead of working for Nigerians — Peter Obi
News

Peter Obi Submits One-term Presidency Proposal to Coalition

July 3, 2025
AU peacekeepers’ helicopter crashes at Mogadishu Airport in Somalia 
News

AU peacekeepers’ helicopter crashes at Mogadishu Airport in Somalia 

July 3, 2025
News

I’ll Crush Any Attempt to Rebuild Iran’s Nuclear Programme – Israel PM, Netanyahu

June 25, 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

Nigeria Govt, Nestlé Forge Strategic Alliance to Enhance Water Quality Nationwide

Parents of Benue passengers allege soldiers aided kidnappers, fault Police rescue claim

Tinubu, Atiku are good friends, they may be visiting each other at night – Orji Uzor Kalu

Peter Obi Submits One-term Presidency Proposal to Coalition

AU peacekeepers’ helicopter crashes at Mogadishu Airport in Somalia 

Nigeria Govt, Nestlé Forge Strategic Alliance to Enhance Water Quality Nationwide

In a major step toward ensuring safer and

Read More »

Trumpet Magazine | © 2021.

Facebook Twitter Youtube Linkedin Instagram

Add New Playlist