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Sat. Oct 5th, 2024
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IT’S NOT IN OUR NATURE TO PAY EVIL FOR GOODI’M BIGGER THAN ALL OF YOU PUT TOGETHER – WIKE TELLS PDP GOVS BACKING FUBARAI REPORTED MY RAPE CASE TO SUPERIOR OFFICERS BUT THEY DISREGARD IT DUE ACCUSED PERSON’S RANK – DISCHARGED FEMALE SOLDIERNAIRA DEPRECIATES TO N1,700/$ AT PARALLEL MARKET – LOWEST IN SEVEN MONTHSNEW COVID-19 VARIANT EMERGES IN EUROPE, USPRESIDENCY MOVES TO STOP OCTOBER 1 PROTESTTHERE’S NO PLACE IN IRAN THAT WE CANNOT REACH – ISRAELI PRIME MINISTER, NETANYAHUSTOP BLOCKING ROADS DURING PRAYER SESSIONS – APPEAL COURT PRESIDENT TELLS MUSLIMS, CHRISTIANSPASTOR DIES IN ABUJA WHILE FASTING, PRAYINGWHY BOBRISKY WAS SEPARATED FROM OTHER INMATES – PRISON EXPERTSTHOSE WHO WILL RESCUE NIGERIA NOT YET BORN, JOE IGBOKWE, TINUBU SUPPORTER, MAKES U-TURNEFCC DETAINS, CHARGES FORMER TARABA GOVERNOR, ISHAKU, OVER ALLEGED N27BN FRAUDSPONSORSHIP OF BANDITRY ALLEGATION: MINISTER VS GOVERNOR: DHQS OPENS UP INVESTIGATIONPH REFINERY SETS OCTOBER 2 AS ANOTHER DATE TO COMMENCE OPERATIONENUGU RANKS LOWEST IN EASE OF DOING BUSINESSENUGU GOVT VOWS TO GO TOUGH AGAINST SEX-FOR-GRADE OFFENDERSSET BACK FOR ATIKU AS ADAMAWA PDP BACKS DAMANGUNBOBRISKY WAS GUARDED LIKE PRESIDENT IN KIRIKIRI PRISON, SPENT ONLY THREE WEEKS OUT OF SIX MONTHS JAIL SENTENCEAKWA IBOM FIRST LADY, PATIENCE UMO, IS DEADPRESIDENCY USED N9.2B TO PURCHASE VEHICLES AMID HARDSHIPNNPC STRUGGLING TO SUPPLY CRUDE TO DANGOTE BECAUSE BUHARI USED REFINERY AS LOAN COLLATERAL – PENGASSANYOU SACKED ME AS CBN GOVERNOR – EMIR SANUSI TELLS EX-PRESIDENT JONATHANPRISON OFFICIALS SUSPENDED OVER BRIBERY ALLEGATION INVOLVING BOBRISKY50M ALMAJIRI, OUT-OF-SCHOOL CHILDREN ROAMING THE STREETS – FGENUGU GOVT SUMMONS NSUKKA TRADITIONAL RULERS, PGS OVER BRUTAL ORIOKPA MASQUERADESAPPOINT YAHAYA BELLO MINISTER OF FINANCE – MAHDI SHEHU ON TINUBU’S PROPOSED CABINET RESHUFFLEPRO-DEMOCRACY OPPOSITIONS ASK NIGERIANS TO JOIN OCTOBER PROTESTSSGF AKUME LISTS TINUBU’S ACHIEVEMENTS AHEAD OF INDEPENDENCE ANNIVERSARY CELEBRATIONNIGERIA @64: TINUBU ORDERS LOW KEY INDEPENDENCE ANNIVERSARY CELEBRATION
Sat. Oct 5th, 2024

PRICES OF RICE, BEANS, EGG, BREAD STILL HIGH – NBS

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PRICES OF RICE, BEANS, EGG, BREAD STILL HIGH – NBS

At the backdrop of significant reductions recorded in the prices of some food commodities since last month, the prices of local rice, beans, egg and bread have remained on steady increases.

The Nigerian Bureau of Statistics, NBS, in its report titled, “Selected Food Price Watch for August 2024” released yesterday, said, the commodities recorded between 2.5 and 5.5 percent price rises in the month of August.

The report stated: “The average price of 1kg beans brown (sold loose) stood at N2,574.63. This indicates a 5.31 percent rise in price on a Month-on-Month, MoM, basis from N2,444.81 in July 2024.

“On a MoM basis, the average price of Agric eggs medium size (12 piece) rose by 5.48 percent to N2,289.19 from N 2,170.17 in July 2024.

“On a MoM basis, bread (sliced) increased by 2.28 percent to N1,459.85 from N 1,427.25 in July 2024. Furthermore, the average price of 1kg Local rice sold loose went up by 3.65 percent to N1,831.05 in August 224 from N1,766.64 in July 2024 on a MoM basis.”

According to the Bureau, the prices of these food items increased by over 100 percent year-on-year.

It added: “The state profile analysis in August 2024 reveals that the highest average price of 1kg of Beans Brown (sold loose) was recorded in Akwa Ibom at N3,276.79 while the lowest was in Adamawa state at N1,710.92. The highest average price of Agric eggs medium size (12 piece) was recorded in Niger State at N2,996.92 while the lowest was in Jigawa State at N1,786.01.

“Regarding the average price of bread (sliced), Rivers state recorded the highest price at N1,850, while Yobe recorded the lowest price at N908.81. Kogi recorded the highest average price of 1kg local Rice (sold loose) at N2,680.29, while the lowest was reported in Benue at N1,206.84.”

However, the Bureau also said the prices of tomatoes and yam declined MoM in August when compared to that of the previous month.

The NBS said that the price of tomato 1kg declined by 11.07 percent MoM to N1,506.35 from N1,693.83 in July 2024.

It added that the price of 1kg of yam tuber decreased by 7.8 percent to N1,661.80 from N1,802.84 in July 2024.

    • Dons Eze

    DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.

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