Nigeria’s National Bureau of Statistics (NBS) says prices of food items such as tomatoes and yams saw increases in May. In a recent report, it stated that the average price of 1 kg of tomato on a year-on-year basis rose by 17.68 percent from N423.48 in May 2022 to N498.34 in May 2023.
“On a month-on-month basis, 1 kg of tomato increased by 2.73 percent in May from the N485.10 recorded in April 2023.” Similarly, the report stated that the average price of 1 kg of yams increased by 22.84 percent on a year-on-year basis from N372.23 in May 2022 to N457.25 in May 2023.
“On a month-on-month basis, 1 kg of yam tubers increased by 2.83 percent from the N444.69 recorded in April 2023.”
The NBS said the average price of 1 kg of onions rose by 17.12 percent on a year-on-year basis from N387.53 in May 2022 to N453.86 in May 2023. The state profile analysis showed that the highest average price of 1 kg of tomato was recorded in Edo at N957.95, while the lowest was in Kogi at N215.43.
[ N100 = €0.12 ]
Source: gazettengr.com