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Home Africa Nigeria

Yam price rises to N230 as tomato drops by 1.8% per kg

by Admin
March 16, 2018
in Nigeria

The average price of a kilogram of yam tuber moved up 1.92 percent to N230 last month from N226.51 in January as tomato dropped from N271 to N267, according to selected food prices watch report by the National Bureau of Statistics (NBS).

For Yam, a 7.10 percent year-on-year increase was recorded with the highest price at N394 in Akwa Ibom state and N136 in Borno.

Tomato, on the other hand, increased year-on-year by 12.88 percent, sold highest at N501 in Akwa Ibom and lowest in Osun at N172

The report stated that average price of one dozen of agricultural eggs, medium size, decreased year-on-year by 0.21 percent and month-on-month increased by 18.75 percent.

The price increased from N437.13 in January to N519.07 in February.

In addition, it said the average price of a piece of Agric eggs, medium size (price of one) decreased year-on-year by -3.81 percent.

It noted that the price increased by 6.24 percent month-on-month by 6.24 percent from N38.85 in January to N41.27 in February.

Similarly, the average price of one kg of rice (imported high quality sold loose) decreased year-on-year by -11.05 percent.

The report, however, stated that the commodity increased by 1.24 percent month-on-month from N360.76 per measurement (Mudu) in January to N365.21 in February.

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