Nigerian Agency, NBS Confirms Rising Prices of Beans, Yam, Garri As Food Inflation Continues
The latest publication by the National Bureau of Statistics (NBS) has shown continual increase in prices of food items. According to the release, as of June 2024 , the average price of 1kg beans brown (sold loose) stood at N2,292.76. This represents a rise of 252.13% in price on a year-on-year basis from N651.12 recorded in June 2023 and a 14.11% rise in price on a month-on-month basis from N2,009.23 in May 2024. Also the...