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Food Prices Increased In September 2022
The National Bureau of Statistics has said that prices of selected food items in September 2022 increased. This was contained in the NBS Selected Food Prices Watch Report for September 2022. The report said that the average price of 1kg of Tomato on a year-on-year basis, increased by 30.06 per cent, from N342.25 recorded in…
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Prices Of Food Increased In July 2022
Data from the National Bureau of Statistics has revealed that the prices of selected food items increased in July 2022. This was made in its Selected Food Prices Watch Report for July 2022. NBS stated that the average price of 1kg of white beans rose by 23.22 per cent from N444.21 in July 2021 to…
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In Five Years, Prices Of Bread, Rice Increased
According to data obtained from the National Bureau of Statistics, the average prices of bread and rice in Nigeria have been recording significant increases in the past five years. A year-on-year analysis of the average prices from January 2017 to January 2022 based on data from the NBS shows that bread (unsliced, 500g) and rice…
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Meal For Learning (3): Traders Struggle To Stock Their Shops As Prices Go Up
For Twentyten Daily, Taiwo Babatunde visited market places around tertiary institutions and spoke to traders on the increase in food prices and how it is affecting the growth of their businesses Ugwu Jullieth is a trader at Oye market in Ekiti where she sells rice, beans and other food items. This market is just 50…
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Food Prices Fall For The 7th Month Straight As Nigeria Battles Inflation
New government reports have shown a steady decline in the price of food for the seventh month running even as consumers claim otherwise. Nigeria’s inflation rate reportedly fell to 15.99 percent in October compared with the same period last year and was 0.64 percent lower than September’s annualised reading, according to Nigeria’s National Statistics office…