The prices of major staple foods in Nigeria such as beans, yam, potato, plantain and tomato have risen by over 250% in the last one year.

This is according to the latest Food Price Watch from the National Bureau of Statistics (NBS) which states that the price of beans soared by 252% between June 2023 and June 2024.

The report indicates that the average price of 1kg of brown beans (sold loose) stood at N2,292.76, representing a 252.13% increase year-on-year from N651.12 in June 2023 and a 14.11% increase month-on-month from N2,009.23 in May 2024.


Tomatoes (1kg) also saw significant price increases, rising by 320.67% year-on-year from N547.28 in June 2023 to N2,302.26 in June 2024. On a month-on-month basis, the average price of tomatoes increased by 55.59% from N1,479.69 in May 2024.

Additionally, the price of Irish potatoes rose by 288.50% year-on-year from N623.75 in June 2023 to N2,423.27 in June 2024, and by 51.92% month-on-month from N1,595.07 in May 2024.


Furthermore, the average price of 1kg of yam tuber increased by 295.79% year-on-year, from N510.77 in June 2023 to N2,021.55 in June 2024.

On a month-on-month basis, the price rose by 52.87%, from N1,322.36 in May 2024 to N2,021.55 in June 2024.

Staple food prices with over 100% year-on-year increase

Other staple foods also experienced significant price increases over the past year. For instance, the average price of 1kg of loose white garri rose by 181.66% year-on-year, from N403.15 in June 2023 to N1,135.51 in June 2024. Additionally, there was a 1.86% increase on a month-on-month basis.

Also, the average price of local rice sold loose rose by 179.97% from N608.20 in June 2023 to N1,702.24 in June 2024. Nigerians on average paid double the price for wheat from June 2023 to June 2024 as the price rose from N1,380.45 per Kg to N3,157.75 indicating an increase of 128.75% during the 12-month period.

Food price increase across zones
Among food items with over a 250% year-on-year increase, the South-West recorded the highest prices. For example, the analysis by zone showed that the average price of brown beans (sold loose) was highest in the North-Central at N2,923.45, followed by the South-South at N2,630.03, while the North-West recorded the lowest average price at N1,647.03.

The average price of 1kg of tomatoes was highest in the South-West and the South-East at N3,261.84 and N2,852.59, respectively, with the lowest recorded in the North-West at N1,411.16. The South-West recorded the highest average price of 1kg of yam tuber at N2,745.80, followed by the North-Central at N2,440.35, while the lowest was recorded in the North-West at N1,238.49.

Additionally, the South-West and the North-East recorded the highest average price of 1kg of loose white garri at N1,199.62 and N1,155.63, respectively, while the lowest was recorded in the North-Central at N1,055.87.

AqualinaXYZ:
Tinubu is the most useless human being ever existed

vnylrecs:

people are dangerously angry

Depriest2020:
Apart from Gbagi/Gwari and some hausas of northern Nigeria with Fulani cattle rearers, the rest Nigerians don't believe in farming activities, they all believe that if they make money then they can buy whatever food they need. Am not sure we have up to 5 million farmers in Nigeria, while we outh to have at least 50 million large scale farmers and not a mare 5 million peasant farmers.

treesun:

https://nairametrics.com/2024/07/23/prices-of-beans-tomato-yam-potato-rise-by-over-250-in-one-year/

Goodday90:


Nobel laureate, Professor Wole Soyinka has said he intends to keep quiet for now about the performance of the Bola Tinubu’s administration.

Soyinka said this while responding to questions in an interview session by a team from The NEWS magazine in commemoration of his 90th birthday.

The team had asked Soyinka when he would fulfil the promise he made about speaking on the performance of President Tinubu after after the administration marked one year in office.


The literary giant made the promise during his visit to Tinubu in Lagos late last year.

However, the Nobel laureate told the team from TheNews magazine that he knew that there are many people waiting for him to speak about the Tinubu’s administration just for the sake of jumping at his throat, but he will disappoint them by keeping quiet for now.

Soyinka said, “First of all, understand that I don’t live on an alarm clock. And I hope nobody is so naive as to think that on the dot of one year I am going to speak. That’s number one.


“Number two, you asked that question nicely: Do I have anything to say and so on, which is the way it should be. I know that there are some people out there, who are waiting for Wole Soyinka to speak. Whatever he says, they are going to jump at him.


“If you read my Baiting Igbophobia, I narrate a conversation, which was transmitted to me, in which these people sent one of their marching orders to somebody that he should go and deal with me. The man said you know I don’t understand what Soyinka says.

“They told him, Who says you should understand? Any time he opens his mouth, jump in his throat. That’s the way they put it. I’m quoting them. And my response to that, of course, is that I have swallowed more toxic nonsense in my life, anybody who jumps in my throat I would swallow and excrete it in the rear end, and go back to my business normally!

So, they are there, salivating, waiting for Wole Soyinka to speak. After cutting my American Green Card, I did not announce it for several months, the same way I intend to keep quiet for now and not make any public statement. As far as I am concerned, they can go and commit suicide, wherever they are, or come and jump in my throat as they have been directed. I know those who are waiting. I want to disappoint them.”

https://pmnewsnigeria.com/2024/07/22/soyinka-i-intend-to-keep-quiet-about-tinubus-administration-for-now/

Depriest2020:
Apart from Gbagi/Gwari and some hausas of northern Nigeria with Fulani cattle rearers, the rest Nigerians don't believe in farming activities, they all believe that if they make money then they can buy whatever food they need. Am not sure we have up to 5 million farmers in Nigeria, while we outh to have at least 50 million large scale farmers and not a mare 5 million peasant farmers.

Depriest2020:
Apart from Gbagi/Gwari and some hausas of northern Nigeria with Fulani cattle rearers, the rest Nigerians don't believe in farming activities, they all believe that if they make money then they can buy whatever food they need. Am not sure we have up to 5 million farmers in Nigeria, while we outh to have at least 50 million large scale farmers and not a mare 5 million peasant farmers.

helinues:
Toh

AqualinaXYZ:



Anger is even better than hunger




Make bread winner no come dey see bread again