Selected Food Price Watch for April 2024 shows that the average price of 1kg Rice local sold loose stood at N1,399.34. This indicates a rise of 155.93% in price on a year-on-year basis from 546.76 recorded in April 2023 and 3.47% rise in price on a month-on-month basis from N1,340.74 in March 2024. The average price of 1kg of Garri white, sold loose increased by 134.98% on a year-on-year basis from N 362.50 in April of last year (2023) to N 851.81 in April 2024.

On a month-on-month basis, the average price of this item increased by 13.59% from N749.89 in March 2024. The average price of 1kg of Tomato rose 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, it increased by 17.06% from N959.68 in March 2024.

Furthermore, the average price of 1kg beans brown (sold loose) rose by 125.43% on a year-on year basis from N615.67 in April 2023 to N1387.90 in April 2024, while there was an increase of 12.44% on a month-on-month basis. Also, the average price of 1kg of Yam tuber increased by 154.19% on a year-on-year basis from N444.69 in April 2023 to N1,130.37 in April 2024. On a month-on-month basis, it increased by 5.76% from N 1,068.78 in March 2024 to N 1,130.37 in April 2024. 

Data source: National Bureau of Statistics

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