Average Prices of 1kg of Tomato Increased By 5.2% YoY to N306.59 In October 2018 – NBS

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Women sell tomatoes at a market in Cabinda, file. REUTERS/Rafael Marchante

Selected food price watch data for October 2018 reflected that the average price of 1 dozen of Agric eggs medium size increased year-on-year by 2.1% and month-on month by 2.2% to N482.9 in October 2018 from N472.73 in September 2018 while the average price of piece of Agric eggs medium size(price of one) decreased year-on-year by -0.8% and increased month-on-month by 1.4% to N41.73 in October 2018 from N41.17 in September 2018.

The average price of 1kg of tomato increased year-on-year by 5.2% and decreased month-on-month by -6.6% to N306.59 in October 2018 from N328.26 in September 2018.

The average price of 1kg of rice (imported high quality sold loose) increased year-on-year by 1.1% and month-on-month by 0.5% to N373.04 in October 2018 from N371.32 in September 2018.

Similarly, the average price of 1kg of yam tuber increased year-on-year by 12.8% and decreased month-on month by -10.0% to N252.21 in October 2018 from N280.28 in September 2018.

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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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