Average Price of 1kg of Yam Tuber Increased by 28.65% YoY in September 2017

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Selected food price watch data for August 2017 reflected that the average price of 1 dozen of Agric eggs medium size increased year-on-year by 12.02% and month-on-month by 0.48% to N487.51 in September 2017 from N485.19 in August 2017 while the average price of piece of Agric eggs medium size(price of one) increased year-on-year by 22.88% and month-on-month by 6.52% to N45.72 in September 2017 from N42.92 in August 2017.

The average price of 1kg of tomato increased year-on-year by 13.83% and decreased month-on-month by 25.25% to N322.39 in September 2017 from N431.30 in August 2017.

The average price of 1kg of rice (imported high quality sold loose) increased year-on-year by 8.98% and month-on-month by 3.56% to N398.01 in September 2017 from N384.35 in August 2017.

Similarly, the average price of 1kg of yam tuber increased year-on-year by 28.65% and decreased month-on-month by 24.43% to N259.51 in September 2017 from N343.39 in August 2017.

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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