• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, October 25, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Food prices rose in December 2023 – NBS

Prices

The Matters Press by The Matters Press
January 25, 2024
Reading Time: 2 mins read
0
Food shortage: Nigeria bans foreigners from direct purchase of produce from farmers

Abuja, Jan. 25, 2024: The National Bureau of Statistics (NBS), said prices of beef, rice, beans, onion, tomato, and other food items increased in December 2023.

RELATED POSTS

Think tank blames historically poor management of resources on Nigeria’s high poverty prevalence

Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria

‎IMPI revises inflation rate projection to 14% from 17% for December

It said this in its Selected Food Prices Watch report for December 2023 released in Abuja on Wednesday.

The report said that the average price of 1kg of boneless beef increased by 32.38 per cent from N2,377.29 recorded in December 2022 to N3,146.94 in December 2023.

“On a month-on-month basis, 1kg of boneless beef increased by 3.88 per cent in December from the N3,029.50 recorded in November 2023,’’ the report said.

It said that the average price of 1kg of local rice increased by 81.31 per cent on a year-on-year basis from N506.17 recorded in December 2022 to N917.93 in December 2023.

“On a month-on-month basis, 1kg of local rice increased by 5.85 per cent from the N867.18 recorded in November 2023.’’

It said that the average price of 1kg of brown beans increased by 48.54 per cent on a year-on-year basis from N586.14 in December 2022 to N870.67 in December 2023.

“On a month-on-month basis, the price increased by 3.79 per cent from the N838.85 recorded in November 2023 to NN870.67 in December 2023.’’

The NBS said the average price of 1kg of Onion bulb rose by 122.94 per cent on a year-on-year basis from N435.93 in December 2022 to N971.86 in December 2023.

“On a month-on-month basis, the price increased by 42.13 per cent from N683.78 recorded in November 2023.’’

The report said that the average price of 1kg of tomato increased by 77.60 per cent on a year-on-year basis from N458.42 in December 2022 to N814.16 in December 2023.

“On a month-on-month basis, 1kg of tomato increased by 7.32 per cent from N758.65 in November 2023 to N814.16 in December 2023.”

On state profile analysis, the report showed that the highest average price of 1kg of boneless beef was recorded in Osun at N3,981.04, while the lowest price was recorded in Gombe at N2,600

It said that Abuja recorded the highest average price of 1kg of local rice at N1,250, while the lowest was recorded in Zamfara at N696.55

The NBS said that the highest average price of 1kg of brown beans was recorded in Akwa Ibom at N1,120.92, while the lowest price was recorded in Jigawa at N586.04.

It said the highest average price of 1kg of onion bulb was recorded in Rivers at N1,433.13, while the lowest was recorded in Adamawa at N465.41

According to the report, Delta recorded the highest average price of 1kg of tomato at N1,461.87 while Borno recorded the lowest price at N390.05.

Analysis by zone showed that the average price of 1kg of boneless beef was highest in the South-East at N3,675.24, followed by the South-West at N3,586.77.

“The lowest price was recorded in the North-East at N2,678.74.”

The South-West and North-Central recorded the highest average price of 1kg of local rice at N987.88 and N940.91, respectively, while the lowest price was in the North-West at N858.00

The report said that the South-East recorded the highest average price of 1kg of brown beans at N1,048.54, followed by the South-West at N1,013.35 , while the North-West recorded the lowest price at N675.54.

It said that the South-South and South-East recorded the highest average price of 1kg of onion bulb at N1,310.47 and N1,065.83, respectively, while the lowest was recorded in the North-East at N657.84.

The NBS said also that the South-South recorded the highest average price of 1kg of Tomato at N1,327.98, followed by the South-West at NN1,068.17.

“The North-West recorded the lowest price of 1kg of tomato at N460.64,’’ the NBS said .

Tags: foodPrices
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Think tank blames historically poor management of resources on Nigeria’s high poverty prevalence

October 24, 2025
POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria

October 22, 2025
NBS reports increase in Inflation
Economy/Technology

‎IMPI revises inflation rate projection to 14% from 17% for December

October 22, 2025
CSOs give  thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria
Agriculture

CSOs give thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria

October 22, 2025
Standing With the Bello Family – Justice Must Never Be Cheapened
Energy

Standing With the Bello Family – Justice Must Never Be Cheapened

October 17, 2025
You led with distinction, CG of Customs, hails former boss,  Mohammed at 80
Economy/Technology

You led with distinction, CG of Customs, hails former boss, Mohammed at 80

October 10, 2025
Next Post
Nigeria targets $1trn GDP growth in 8 years – Cardoso

Nigeria in “Stabilisation Phase” - Cardoso

Tanzania, Australia firms sign $667m deal to mine rare earths

FG, NEXIM bank partner on mining financing

Recommended Stories

“Naira-4-Dollar” getting results

Naira tackles dollar

May 9, 2023
We will go on strike, if — Labour

We will go on strike, if — Labour

December 21, 2018
Experts validate Nigeria’s implementation strategies for success under AfCFTA

Naira appreciates by 1.79%

June 21, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Think tank blames historically poor management of resources on Nigeria’s high poverty prevalence
  • Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria
  • ‎IMPI revises inflation rate projection to 14% from 17% for December

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us