Inflation Jacks Up Prices Of Beans, Yam, Others – NBS Report 

Inflation Jacks Up Prices Of Beans, Yam, Others – NBS Report 

The planned protest comes at a time when a newly released by the National Bureau of Statistics, indicated a rise in prices of Beans, Tomatoes, Irish potatoes, Garri, Yam and other food items in June 2024.

It said that Abuja recorded the highest average price of 1kg of tomato at ₦3,992.61, while the lowest was recorded in Kebbi at ₦1,200.

The NBS said that the highest average price of 1kg of yam tuber was recorded in Lagos at ₦3,376.54, while the lowest price was recorded in Adamawa at ₦1,100.

According to the report, Gombe recorded the highest average price of 1kg of white garri at ₦1,619.27, while the lowest was reported in Taraba at ₦900.

Analysis by zone showed that the average price of 1kg of brown beans was highest in the North-Central at N 2,923.45, followed by the South-South at N 2,630.03.

The South-West and South-East recorded the highest average price of 1kg of tomatoes at ₦3,261.84 and ₦2,852.59, respectively, while the lowest price was in the North-West at ₦1,411.16.

The report said that the South-West recorded the highest average price of 1kg of yam tuber at ₦2,745.80, followed by the North-Central at ₦2,440.35, while the North-West recorded the lowest price at ₦1,238.49.

The NBS said also that the South-West and the North-East recorded the highest average price of 1kg of white Garri at ₦1,199.62 and ₦1,155.63, respectively.

The report follows the Federal Government’s approval of a 150-day duty-free import window for food commodities, in a bid to address the incessant increase in food prices and ensure food security.

The suspended duty tariffs and taxes will be on the importation of certain food items across the land and sea borders which include maize, cowpeas, wheat, and husked brown rice.

The government also said it had approved some grains for onward nationwide distribution.

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