Standup9ja: Prices of rice decrease
The National Bureau of Statistics (NBS) said the average
price of imported rice decreased by 7.22 per cent, as one kilogramme (1kg) was
sold for N250.30 in April from N418.71 in March.
The NBS stated this in its“Selected Food Price watch data
for April 2017” released on Tuesday in Abuja.
It, however, stated that the average price of 1kg of rice
(imported high quality sold loose) increased year-on-year by 29.98 per cent in
the month under review.
According to the report, an average price of 1 dozen of
Agric. eggs medium size increased year-on-year by 41.04 per cent and decreased
month-on-month by 1.71 per cent to N518.66 in April 2017 from N527.69 in March.
“The average price of piece of Agric. eggs medium size
(price of one) increased year-on-year by 28.74 per cent and month-on-month by 5.21
per cent to N46.22 in April from N43.93 in March.
It further stated that the average price of 1kg of tomato
increased year-on-year by 15.32 per cent and month-on-month by 6.36 per cent to
N285.72 in April from N268.64 in March.
Similarly, the average price of 1kg of yam tuber increased
year-on-year by 42.45 per cent and decreased month-on- month by 2.17 per cent
to N250.30 in April from N255.86 in March.
On methodology of reporting the food prices, NBS stated that
over 700 staff was sent to all the states of the federation for the field work
and were supervised by experts.
Prices were collected across all the 774 local governments
across all states and the FCT from over 10,000 respondents, locations and
analysed. (NAN)
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