Food prices Jump 31% in 12 months – NBS

The NBS which disclosed this in its ‘Selected Food Price Watch,’ a report published on a monthly basis, said the highest food price increase was recorded in the price of yam, which jumped by 42 per cent, from N389.75 in July 2022 20 N539.41 in 2023.

The selected food items include staples such as rice(1kg), beans(1kg), bread (500g), tomatoes, beef, wheat (2kg), garri(1kg) and palm oil (1 bottle).

Business Hallmark: Read More