The Federal Government, through the National Bureau of Statistics (NBS) has said that prices of essential food items, including beans, eggs, bread, rice and tomatoes, experienced robust hikes in September 2024.
This was contained in NBS Selected Food Prices Watch report for September 2024 released in Abuja on Wednesday.
The report said that the average price of 1kg of brown beans increased by 281.97 per cent from ₦716.97 recorded in September 2023 to ₦2,738.59 in September 2024.
The report said the average price of medium-sized Agric eggs (12 pieces) increased by 137.43 per cent on a year-on-year basis from ₦1,047.47 recorded in September 2023 to Nl₦2,487.04 in September 2024.
The average price of sliced bread increased by 115.74 per cent on a year-on-year basis from ₦708.36 in September 2023 to ₦1,528.19 in September 2024.
“On a month-on-month basis, 1kg of brown beans increased by 6.37 per cent in September from the ₦2,574.63 recorded in August 2024.
“On a month-on-month basis, the eggs increased by 8.46 per cent from the ₦2,289.19 recorded in August 2024.
“On a month-on-month basis, the price increased by 4.68 per cent from the ₦1,459.85 recorded in August 2024,” the report said
Furthermore, the NBS said that the average price of 1kg of local rice rose by 152.92 per cent on a year-on-year basis from ₦757.06 in September 2023 to ₦1,914.77 in September 2024.
The report also revealed that the average price of 1kg of boneless beef increased by 99.99 per cent on a year-on-year basis from ₦2,816.91 in September 2023 to ₦5,633.60 in September 2024.
The NBS said the average price of 1kg of tomato also increased on a year-on-year basis by 152.94 per cent from ₦565.69 recorded in September 2023 to ₦1,430.87 in September 2024.
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