In recent years, food prices have risen across Nigeria as farmers abandon their farms due to insecurity.
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This, it said, indicates a rise of 189.79 per cent in price on a year-on-year basis from N555.18 recorded in May 2023 and a 14.98 per cent rise in price on a month-on-month basis from N1,399.34 in April 2024. Similarly, it said, the average price of 1kg of tomato rose by 196.92 per cent on a year-on-year basis from N498.34 in May 2023 to N1,479.69 in May 2024.The NBS explained that the average price of 1kg garri rose by 200.12 per cent on a year-on-year basis from N371.42 in May 2023 to N1,114.72 in May 2024, while there was an increase of 30.87 per cent on a month-on-month basis.
According to the bureau, Rivers State recorded the highest average price of 1kg of tomato at N2,100.12, while Katsina recorded the lowest price at N775.02. “The average price of 1kg of brown beans was highest in the North-Central and the South-south at N2,574.52 and N2,293.03, respectively, while the lowest was recorded in the North-West with N1,379.97.
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