Selected Food Prices Watch (January 2022)

Executive Summary

Selected Food Price Watch for January, 2022 shows that the average price of 1kg of beans (white, black eye, sold loose) rose year-on-year by 51.92 percent from N316.92 in January, 2021 to N481.47 in January, 2022. Similarly, there was an increase of 0.14 percent month-onmonth from N480.79 in December, 2021. The average price of one tuber of yam also increased year-on-year by 41.15 percent from N234.67 in January 2021 to N331.24 in January 2022. On month-on-month, the average price of yam increased by 0.76percent from N328.75 in December 2021.
Data source: National Bureau of Statistics