The raging incidences of banditry, insurgency, herders-farmers clashes across the country have sent prices of food items to the roof top. with average prices of 1kg rice, yam, tomatoes rising by on-fifth (21.8%) in January 2021.
According to the report, “The average price of 1kg of rice (imported high quality sold loose) increased year-on-year by 21.69% and month-on-month by 0.11% to N551.57 in January 2021 from N550.94 in December 2020.
“Similarly, the average price of 1kg of yam tuber increased year-on-year by 21.56% and month on month by 0.51% to N234.67 in January 2021 from N233.48 in December 2020.
“The average price of 1kg of tomato increased year-on-year by 22.11% and decreased month-on-month by -6.59% to N289.66 in January 2021 from N310.10 in December 2020.
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“Likewise the average price of 1 dozen of Agric eggs medium size increased year-on-year by 12.48% and month-on month by 2.26% to N510.84 in January 2021 from N499.55 in December 2020.
“While the average price of piece of Agric eggs medium size (price of one) increased year-on-year by 15.03% and month-on-month by 1.79% to N46.21 in January 2021 from N45.40 in December 2020.” It stated.
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Due to the fear of being attacked, agricultural production has been fraughted in the nation, which has led to the increase in the prices of the food items.
