It said that the average price of 1kg of beans brown (sold loose) also rose by 12.16% within a period of one month, from December 2023 to January 2024.
The National Bureau of Statistics (NBS) has said that the price of 1kg of local rice has increased by 11.31%.
It said that the average price of 1kg of beans brown (sold loose) also rose by 12.16% within a period of one month, from December 2023 to January 2024.
The agency noted this in a report released on Wednesday, which revealed the pricing of major food commodities in the country for January.
According to the report, the average price of 1kg of local rice sold loose stood at N1,021.79.
This indicates a rise of 98.47% in price on a year-on-year basis from N514.83 recorded in January 2023 and an 11.31% rise in price on a month-on-month basis from N917.93 in December 2023.
The average price of 1kg of boneless beef increased by 37.08% on a year-on-year basis from N2,418.91 in January of last year (2023) to N3,315.78 in January 2024. On a month-on-month basis, the average price of the item increased by 5.37% from N3,146.94 in December 2023.
The average price of 1kg of brown beans (sold loose) rose by 64.42% on a year-on-year basis from N593.96 in January 2023 to N976.58 in January 2024. On a month-on-month basis, it increased by 12.16% from N870.67 in December 2023.
The report added that the average price of 1kg onion bulb rose by 97.38% on a year-on-year basis from N446.44 in January 2023 to N881.20 in January 2024, while there was a decline of 9.33% on a month-on-month basis.
“In addition, the average price of 1kg of Tomato rose by 80.98% on a year-on-year basis from N467.04 in January 2023 to N845.26 in January 2024. On a month-on-month basis, it increased by 3.82% from N814.16 in December 2023 to N845.26 in January 2024,” the report added.
The price of rice was sold for N1,350 in Abuja, which was the highest for food price in the country in January while the lowest price was N800.64 in Benue State.
The report continued: “The highest average price of 1kg of Beef boneless, was recorded in Abuja at N4,000, while the lowest was recorded in Gombe State at N2,639. In terms of the average price of 1kg of Beans brown (sold loose), Akwa-Ibom state recorded the highest price at N 1,466.67, while Adamawa recorded the least price at N677.23. Rivers state recorded the highest average price of 1kg of Onion bulb at N 1,454.09, while the lowest was reported in Zamfara at N435.71.
“The highest average price of 1kg of Tomato was recorded in Delta at N1,474.79, while the least average price was recorded in Kano at N422.7.”