Prices of Selected Food Stuff dropped in May – NBS

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A vendor arranges bags of rice at the Wuse market in Abuja, Nigeria May 15, 2018. REUTERS/Afolabi Sotunde

The Federal Government has said that the price of selected foodstuff in Nigeria dropped in May 2019. This was disclosed in a report released by the National Bureau of Statistics (NBS) on Thursday.

The report said the average price of one kilogramme of Yam tuber decreased year-on-year by -25.85%.

The National Bureau of Statistics (NBS), said the average price of 1 dozen of Agric eggs medium size decreased year-on-year by -15.27% and month-on-month by -0.49% to N464.87 in May 2019 from N467.18 in April 2019 while the average price of piece of Agric eggs medium size (price of one) increased year-on-year by 2.52% and month-on-month by 2.08% to N42.82 in May 2019 from N41.95 in April 2019.

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According to the report, the average price of 1kg of tomato decreased year-on-year by -18.76% and month-on-month by -3.01% to N249.52 in May 2019 from N257.25 in April 2019.

Also, the average price of 1kg of rice (imported high quality sold loose) decreased year-on-year by -3.54% and increased month-on-month by 1.07% to N361.39 in May 2019 from N357.55 in April 2019.

Similarly, the average price of 1kg of yam tuber decreased year-on-year by -25.85% and month-on-month by -2.84% to N216.03 in May 2019 from N222.36 in April 2019.

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