Average price of 1kg of boneless beef increased by 29.61% from ₦2,337.46 recorded in November 2022 to ₦3,029.50 in November 2023.
“On a month-on-month basis, price of 1kg boneless beef increased by 2.76% in November from the ₦2,948.03 recorded in October,’’ it stated in its Selected Food Prices Watch report for November released in Abuja on Friday.
It added that the average price of 1kg of local rice increased by 73.16% on a year-on-year basis from ₦500.80 recorded in November 2022 to ₦867.18 in November 2023. On a month-on-month basis, price of 1kg of local rice increased by 5.83% from the ₦819.42 recorded in October 2023 to ₦867.18 recorded in November 2023.
