• Membership
  • Advert Rates
  • Careers
  • About Us
  • Contact Us
  • Digital Store
Sunday, May 18, 2025
The Trumpet Newspaper Nigeria
No Result
View All Result
  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition
  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition
No Result
View All Result
The Trumpet Newspaper Nigeria
No Result
View All Result
ADVERTISEMENT
Home Business

Prices of food items rise in July, says NBS

Blessing Oziwo by Blessing Oziwo
February 12, 2025
in Business
Reading Time: 2 mins read
0
Prices of food items rise in July, says NBS
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedinShare on WhatsAppShare on Pinterest
  • As prices of local products drop
The National Bureau of Statistics (NBS) has disclosed that the prices of selected food items increased in July 2022 when compared to their prices in the corresponding month of last year.

In its selected food prices watch report for July 2022 released in Abuja recently, NBS stated that the average price of 1kg of beans rose by 23.22 per cent from N444.21 in July 2021 to N547.38 in July 2022.

On a month-on-month basis, the price increased by 2.09 per cent from N536.17 in June to N547.38 in July 2022, it added.

ADVERTISEMENT

It also stated that the average price of 1kg of tomatoes increased on a yearly basis by 7.71 per cent from N446.81 in July 2021 to N446.83 in July 2022, while the average price of 1kg beef in July 2022 increased by 27.58 per cent from N660.76 in July last year to N853.12 in July 2022.

The NBS also stated that the average price of all products increased dramatically, adding that the price of groundnut oil stood at N858.03, amounting to an increase of 40.24 per cent in July 2022, while the average price of a bottle of groundnut oil stood at N1,078.11 in July 2022, showing an increase of 40.24 per cent from N768.91 in July 2021.

Read Also: Diri tasks Bayelsa monarchs on fairness to all parties in 2023 politics

It added that the average price of 1kg of local rice increased on a year-on-year basis by 13.55 per cent from N411.77 in July 2021 to N630.10 in July 2022, while the average price of a bottle of palm oil stood at N890.67 in July 2022, showing an increase of 40.19 per cent from the N655.31 recorded in July 2021.

State by state analysis showed that Ebonyi recorded the highest average increase in the price of 1kg of beans in July 2021 at N900.51, while the lowest price was recorded in Borno State at N317.73.

However, The Trumpet investigation at Sabo Market in Ikorodu and Mile 12 International Foodstuff Market in Lagos, showed that the prices of the local food items reduced marginally, as the price of white garri, otherwise called ‘Bendel garri’ that sold for N800 per rubber paint in June sold for N700 in July.

While Ijebu garri that sold for N700 per paint in June 2021 sold for N600 or N650 per paint depending on the quality and seller, The Trumpet findings showed that four big new yams that were sold for between N6,500 and N7000 in June 2021, sold for between N5,000 and N6,000 depending on the seller and the buyer’s banging power.

While a bunch of plantain that was sold for about N2,500 and N2,800 in July 2021 increased to between N3,000 and N3,500 in July 2022, the price of local rice dropped marginally from about N32,000 to N30,000 depending on the brand and seller in July 2021 to between N30,000 and N27,500 in July 2022 depending on the brand and quality.

Click on The Trumpet and follow us on our Twitter page for more:

Tags: In JulyNBSPrices of food
Previous Post

Science of total submission

Next Post

Dealing with sins as a Christian

Blessing Oziwo

Blessing Oziwo

Next Post
Karo-Ogbinaka on sins of a Christian

Dealing with sins as a Christian

About The Trumpet

The Trumpet is a Nigerian based national news media, owned, trademarked and operated by Elomaz Communications Limited with headquarters in FCT-Abuja and regional offices in Lagos and Delta States

Follow Us

Resources

  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition

Recent News

Zulum and FG strategize against Boko Haram attacks

Borno, FG strategize to tackle resurgence of Boko Haram attacks

May 17, 2025
Omolulu Akinlolu

US-Nigerian Omolulu Akinlolu charged in connection with attack on Chris Brown

May 17, 2025
  • Cookie Policy
  • Disclaimer
  • Contact us
  • About Us
  • Cookie Policy
  • Disclaimer
  • Contact us
  • About Us

© 2025 The Trumpet News Papers - Developed by VIS Nigeria.

No Result
View All Result
  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition

© 2025 The Trumpet News Papers - Developed by VIS Nigeria.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Verified by MonsterInsights