The average price of 1 kg of tomato increased by 30.06%, from N342.25 in September 2021 to N445.12 in September 2022.
This was revealed by the Nigerian Bureau of Statistics (NBS) in its Selected Food Price Monitoring Report for September 2022.
According to the report, the price of 1 kg of boneless beef increased by 24.39% year-on-year to N2,199.37.
What they say:
Part of the NBS Selected Food Price Watch report said:
- “At the state level, the highest average price of rice (local sold loose) was recorded in Rivers at N621.61, while the lowest was recorded in Jigawa at N371. Ebonyi recorded the highest average price for beans (brown, sold loose) at N857.02, while the lowest was recorded in Benue at N368.21. Furthermore, Abia recorded the highest price for vegetable oil (1 bottle, specify bottle) at N1,464.44, while Benue recorded the lowest price at N643.64.
- “The analysis by zone showed that the average price of 1 kg of tomato was highest in the south-south and southeast with N711.32 and N643.25 respectively, while the lowest was recorded in the northeast with N209.22. the South-South recorded the highest average price for 1 kg of rice (local sold loose) at N519.22, followed by the South-West at N514.37, while the lowest was recorded in the North-West at N417.00 ”.
The report added that the average price of palm oil increased by 30.70%, from N709.50 in September 2021 to N927.34 in September 2022. In monthly terms, the price increased by 3.42%.
Meanwhile, the average vegetable oil price stood at N1,075.89 in September 2022, showing an increase of 32.35% from N812.94 in September 2021.
In case you missed it
- Remember that Nairametrics reported that The average cost of making a pot of jollof rice for a family of five in Nigeria increased from an average price of 9,220 naira in June to 9,917 naira in September.
- This was revealed by socio-economic research firm SBM Intelligence in its Jollof Index report for the third quarter of 2022 titled “Brace for Shock”.
- The report showed that in the 13 markets surveyed, Wuse II recorded the highest cost of making a pot of jollof rice at N13,150, while Onitsha recorded the lowest cost at N8,510.
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