Prices of Foodstuffs in Nigeria (May 2022)

Selected Food Price Watch for the month of March 2022 shows that the average price of 1kg of beans (white, black eye, sold loose) increased on yearonyear basis by 46.64 percent from N345.03 in March 2021 to N505.94 in March 2022. Also, on monthonmonth basis, this increased by 1.69 percent from N497.54 in February 2022.

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The average price of Bread Sliced 500g increased on yearonyear basis by 34.98 percent from N331.76 in March 2021 to N447.80 in March 2022. On monthonmonth basis, the av- erage price of this item increased by 2.23 percent in March 2022. Similarly, the average price of 1kg Tomato on yearonyear basis, rose by 53.29 percent from the value recorded in March 2021 (N267.45) to N409.96 in March 2022.

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On monthonmonth basis, it increased from N393.08 in February 2022 to N409.96 in March 2022 indicating 4.29 percent growth. In the same vein, the average price of Agric eggs (medium size price of one) increased by
27.14 percent from N48.43 in March 2021 to N61.58 in March 2022. It also grew by 2.93% on monthonmonth basis. The average price of 1kg Plantain (Unripe) rose by 43.54 percent on yearonyear basis from N228.18 in March 2021 to N327.54 in March 2022. In addition, the average price of Groundnut oil: 1 bottle, specify bottle stood at N994.62 in March 2022, showing an increase of 46.00 percent from N681.23 in March 2021.

At the state level, Ebonyi recorded the highest average price of beans (white, Black eye, sold loose) with N867.29, while the lowest was reported in Bauchi with N252.95. The highest average price of Bread Sliced 500g was recorded in Abia with N650.0, while the lowest was recorded in Borno with N260.4. In addition, Bayelsa recorded the highest price of 1kg Tomato with N753.83, while Taraba recorded the lowest with N134.46.

Looking at the distribution by zone, the SouthEast recorded the highest average price of Beans ‘’brown sold loose” with N824.59, followed by the SouthSouth with N681.61, while the NorthEast recorded the least with N299.27. Similarly, the SouthEast recorded the highest average price of Bread Sliced 500g with N570.89, followed by the SouthSouth with N547.39, while the lowest was recorded in the NorthEast with N273.27. The average price of 1kg of Tomato was higher in the SouthSouth and the SouthEast with N661.97 and N647.95 respectively, while the lowest was recorded in the NorthEast with N158.0

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NATIONAL PRICES

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FOOD STUFF PER REGION
NORTH CENTRAL

Benue, FCT, Kogi, Kwara, Nasarawa, Niger, Plateau

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NORTH EAST

Adamawa, Bauchi, Borno, Gombe, Taraba, Yobe

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NORTH WEST

Kaduna, Katsina, Kano, Kebbi, Sokoto, Jigawa,, Zamfara

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SOUTH EAST

Abia, Anambra, Ebonyi, Enugu, Imo

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SOUTH WEST

Ekiti, Lagos, Osun, Ondo, Ogun, Oyo.

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SOUTH SOUTH

Akwa-Ibom, Bayelsa, Cross-River, Delta, Edo, Rivers

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Thanks for reading , do you know you can buy foodstuffs like Rice, Beans, yam etc and pay later or installment, all of you have to order is download swipe pay app on play store or google play store after that you can buy foodstuff from us and pay Later
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