According to the National Bureau of Statistics, the cost of certain foodstuffs has risen in the last year.
The NBS Selected Food Price Watch Report for April 2022, released on Thursday in Abuja, confirms this.
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, according to the report.
In March 2022, this increased by 2.59 percent on a month-over-month basis, to N505.94.
The average price of sliced 500g bread increased by 35.31 percent year over year, from N332.95 in April 2021 to N450.51 in April 2022, according to the report.
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“The average price of this item increased 0.61 percent month over month in April 2022.”
Similarly, the average price of a kilogramme of yam tuber increased 42.88 percent year over year, according to the report.
In April 2021, the value was N252.80, and in April 2022, the value was N361.20.
It said it increased by 2.16 percent month over month, from N353.56 in March 2022 to N361.20 in April 2022.
Similarly, 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. On a month-over-month basis, it grew by 0.06 percent.
According to the report, the average price of 1kg unripe Plantain increased by 38.66% year over year, from N243.37 in April 2021 to N337.47 in April 2022.
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, according to the report.
“From N994.62 in March 2022, it increased by 1.31 percent month over month.”
Ebonyi had the highest average price of Beans (white, black eye, sold loose) at N875.71, while Borno had the lowest at N256.67, according to the report.
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According to the report, Ebonyi had the highest average price of bread sliced at 500g, at N650.0, while Borno had the lowest, at N261.38.
The highest price for a kilogramme of yam tuber was N695.93 in Akwa-Ibom, while the lowest was N133.28 in Bauchi, according to the report.
According to the report, the South-East had the highest average price of brown beans sold loose (N831.09), followed by the South-South (N676.13), and the North-East had the lowest (N307.21).
“Similarly, the South-East had the highest average price of sliced 500g bread, at N601.09, followed by the South-South at N550.21, and the North-East had the lowest, at N278.51.”
According to the report, the average price of 1 kilogramme 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.
