Browsing Tag

Food Prices

Inflation: Kano Commodity Dealers Assure Nigerians of Price stability 


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The Association Dealers of essential commodities at the Singer International Market in Kano state, North West Nigeria has assured the people of the state and Nigerians of price stability in commodities especially as the Muslim…

Nigeria: Food Prices Rise Year-on-Year – NBS


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Prices of selected food items have continued to rise Year-on-Year, with major staples and groceries recording over 60% increase in price, the National Bureau of Statistics has said. The Selected Food Price Watch for November 2023, shows…

Food Prices in Nigeria Rise Further – NBS


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The National Bureau of Statistics (NBS), says the prices of popular food items such as yam, rice and beef increased significantly in the month of February. This was published in the Selected Food Price Watch for February 2023 on the NBS…

Food Prices in Nigeria Soar Yearly – NBS


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The National Bureau of Statistics, NBS, Food Price Watch of January 2023 has indicated that prices of food items in Nigeria have continued to soar on a yearly basis. The report which was published on the NBS website showed that grains,…

Food prices in Nigeria soar yearly – NBS


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Food prices in the country have soared on a yearly basis, data by the National Bureau of Statistics has shown. In the Bureau's 'Selected Food Price Watch for November 2022,' data shows that the average price of 1kg beef boneless…

Nigeria moves to address rising food prices


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The Minister of Agriculture and Rural Development, Mahmood Abubakar says the Nigerian government is working hard to address the issue of rising prices of foodstuff in the country. He said this on Thursday while addressing State House…

UK inflation hits 40-year record


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Soaring food prices have pushed British consumer price inflation to a 40-year high of 9.1% last month, the highest rate out of the Group of Seven countries and underlining the severity of the cost-of-living crunch.…

Rising Food Prices push Nigeria’s Inflation Rate to 17.7% (May, 2022)


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The latest report by the National Bureau of Statistics (NBS) has shown that high cost of food items and fuel increased Nigeria’s inflation rate in May 2022, putting it at 17.7 percent. The agency stated this in its report on Nigeria’s…

Soaring Food Prices: Agribusiness firm seeks collaboration between Government & Stakeholders


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An agribusiness firm, SWEER Global Farms, has called for collaboration between governments at all levels and agricultural stakeholders to tackle the soaring prices of food, as the situation poses serious concerns on the wellbeing of…

Rising food prices in Nigeria, others to last until 2023 – IMF


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The International Monetary Fund (IMF) has predicted that the surging food prices in Nigeria and other countries, which is attributed to the ongoing war in Ukraine, could last until the year 2023. The world lender disclosed this…