The commodity’s prices rose 107% yearly compared to the same period in 2023.
Also, the average price of 1kg of yam tuber rose 141.25% yearly from N443.02 the previous year to N1,069. The price rose monthly from N1.010 in April to N1,068 in May 2024.
NBS said:
“Analysis by zone showed that the average price of 1kg local rice sold loose was highest in the southwest at N1,526.95, followed by the south-south at N1,470, while the northwest recorded the lowest average price at N1,104.96,” the report added.