Nigeria: Prices of Food Stuff Drop in February - NBS
The National Bureau of Statistics (NBS), said the average price of
some selected food items in the country decreased in February.
NBS said this in its "Selected Food Price Watch (February 2019)" report
released on its website.
It said the average price of one dozen of medium sized agric egg
decreased from N469.85 in January to N464.27 in February.
The bureau said price of a dozen of medium sized egg decreased
year-on-year by 10.55 per cent and month-on-month by 1.19 per cent
in the period under review.
It said the average price of a piece of medium sized agric egg
increased year-on-year by 2.33 per cent and month-on-month by 0.12
per cent to N42.23 in February from N42.18 in January.
According to the report, the average price of one kilogramme of tomato
decreased year-on-year by -3.97 per cent and month-on-month by
-3.38per cent to N256.50 in February from N265.49 recorded in
It said the average price of one kilogramme of rice (imported high
quality sold loose) decreased year-on-year by 0.23 per cent and
month-on-month by -0.45 per cent to N364.38 in February from
N366.04 in January.
"Similarly, the average price of one kilogramme of yam tuber
decreased year-on-year by -10.56 per cent and month-on month by
-2.24 per cent to N206.48 in February from N211.21 in January ," it
The NBS said in arriving at the report, field work was done by more
than 700 NBS staff in all states of the federation supported by
supervisors who were monitored by internal and external observers.
It said the NBS audit team subsequently conducted randomly selected
verification of the prices recorded.