National Bureau of Statistics (NBS) says prices of rice, garri, tomato, beans, yam and other food items as well as kerosene increased in April 2024.
The NBS said this in its ‘Selected Food Prices Watch‘ report for April 2024, released in Abuja yesterday.
The report said that the average price of one kilogramme of local rice increased by 155.93 percent, from N546.76 recorded in April 2023 to N1,399.34 in April 2024.
On a month-on-month basis, 1kg of local rice increased by 3.47% in April from the N1,340.74 recorded in March 2024. It said the average price of 1kg of white garri increased by 134.98% on a year-on-year basis, from N362.50 recorded in April 2023 to N851.81 in April 2024. On a month-on-month basis, 1kg of white garri increased by 13.59% from the N749.89 recorded in March 2024.
The report said that the average price of 1kg of tomato increased by 131.58% on a year-on-year basis, from N485.10 in April 2023 to N1,123.41 in April 2024. On a month-on-month basis, the price increased by 17.06% from the N959.68 recorded in March 2024.
The NBS also said in addition, the average price of 1kg of yam tuber rose by 154.19% on a year-on-year basis, from N444.69 recorded in April 2023 to N1,130.37 in April 2024. On a month-on-month basis, it increased by 5.76% from N1,068.78 recorded in March 2024 to N1,130.37 in April 2024.
On States’ profile analysis, the report showed that in April 2024, the highest average price of 1kg of local rice was recorded in Niger, at N1, 785.47, while the lowest was recorded in Benue, at N993.72. It said that Bayelsa recorded the highest average price of 1kg of white garri, N1,095.26, while Benue recorded the lowest, N494.47.
The NBS further said that the highest average price of 1kg of tomato was recorded in Delta, at N1,851.19; while the lowest price was recorded in Zamfara at N547.22.
According to the report, Abuja recorded the highest average price of 1kg of brown beans, at N2, 288.36, while the lowest was reported in Yobe, at N818.03. It also said Cross-River State recorded the highest average price of 1kg of yam tuber, N 1,797.15, while Bauchi recorded the lowest average price, N638.64.
Analysis by zone showed that the average price of 1kg of local rice was highest in the South-West at N1, 615.21, followed by the South-South at N1, 564.85. The lowest price was recorded in the North-West at N1, 163.13.
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The NBS also said that the North-Central and South-South recorded the highest average price of 1kg of brown beans, at N1 594.84 and N1 579.64, respectively. The North-West recorded the lowest price, at N966.9.
Similarly, the NBS said the average retail price of a litre of kerosene increased from N1,354.40 recorded in March 2024 to N1,439.64 in April 2024. It said the April price of N1,439.64 represented a 6.29% increase compared to what was obtained in March 2024 at N1,354.40.
The report said the average price per litre of kerosene increased on a year-on-year basis by 24.04% from N1,160.67 recorded in April 2023 to N1,439.64 in April 2024.
