According to the National Bureau of Statistics (NBS), the price of one kilogram (kg) of rice grew by 81% year on year (YoY) to N917.93 in December 2023 from N506.17 in the same month in 2022.
NBS revealed the information on Wednesday, January 24, during its Selected Food Price Watch for December 2023.
According to Price Watch, the average price of 1kg of brown beans (sold loose) increased by 48.5 percent year on year to N870.67 in December 2023, from N586.14 in December 2022.
Also, the average price of a 1kg onion bulb increased by 122.9 percent year on year to N971.86 in December 2023 from N435.93 in December 2022.
The average price of a kilogram of tomato increased by 77.6 percent year on year to N814.16 in December 2023, from N458.42 in December 2022.
