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Home News Business & Economy

Food Prices Further See Increase in April, 2021 – NBS

May 27, 2021
in Business & Economy, Economy, Finance, News
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Food Prices Further See Increase in April, 2021 - NBS
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Food prices further see increase in April, 2021 as devaluation of naira, scarcity of forex, insecurity, banditry, amongst others continue to war against agricultural productivity in Nigeria.

Disclosing this in a report by the National Bureau of Statistics (NBS) titled, ‘Selected food price watch data for April 2021‘.

The data which reflected that the “average price of 1 dozen of Agric eggs medium size increased year-on-year by 11.26% and month-on month by 1.13% to N530.40 in April 2021 from N524.47 in March 2021, while the average price of piece of Agric eggs medium size (price of one) increased year-on year by 18.32% and month-on-month by 1.47% to N49.14 in April 2021 from N48.43 in March 2021.”

It also reported that, “The average price of 1kg of tomato increased year-on-year by 0.09% and month-on month by 3.67% to N277.26 in April 2021 from N267.45 in March 2021.

“The average price of 1kg of rice (imported high quality sold loose) increased year-on-year by 14.57% and decreased month-on month by -0.67% to N540.58 in April 2021 from N544.21 in March 2021.

“Similarly, the average price of 1kg of yam tuber increased year-on year by 9.87% and month on month by 3.26% toN252.80 in April 2021 fromN244 82 in March 2021.”

Read Also: Transport Fare on the Increase as Passengers Pay More in April 2021

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