By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Price of Rice Falls by 7% – NBS Report
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

Price of Rice Falls by 7% – NBS Report

Farouk Mohammed
By Farouk Mohammed
Published: May 16, 2017
Share
2 Min Read
SHARE

The National Bureau of Statistics said the average price of imported rice decreased by 7.22 per cent, as one kilogramme was sold for N250.30 in April from N418.71 in March.


 

The NBS stated this in its“Selected Food Price watch data for April 2017” released on Tuesday in Abuja.

It, however, stated that the average price of 1kg of rice (imported high quality sold loose) increased year-on-year by 29.98 percent in the month under review.

According to the report, an average price of 1 dozen of Agric. eggs medium size increased year-on-year by 41.04 percent and decreased month-on-month by 1.71 per cent to N518.66 in April 2017 from N527.69 in March.

- Advertisement -

“The average price of piece of Agric. eggs medium size (price of one) increased year-on-year by 28.74 percent and month-on-month by 5.21 per cent to N46.22 in April from N43.93 in March.

It further stated that the average price of 1kg of tomato increased year-on-year by 15.32 percent and month-on-month by 6.36 per cent to N285.72 in April from N268.64 in March.

Similarly, the average price of 1kg of yam tuber increased year-on-year by 42.45 percent and decreased month-on- month by 2.17 per cent to N250.30 in April from N255.86 in March.

On the methodology of reporting the food prices, NBS stated that over 700 staff was sent to all the states of the federation for the field work and were supervised by experts.

- Advertisement -

Prices were collected across all the 774 local governments across all states and the FCT from over 10,000 respondents, locations and analysed.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:NBSRice
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article Wilfred Ndidi Wins Leicester City’s Young Player Award
Next Article Seun Egbegbe Abandoned In Ikoyi Prisons, Spends 100 Days

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 4 days ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Pastor Adeboye
Pastor Adeboye Shares Divine Directive: Leaving RCCG Could Lead to Tragic Loss
News
Anglican Bishop of Lafia Calls on President Tinubu to Address Root Causes of Nigeria’s Insecurity and Economic Woes
News
Egbe Bobakeye Okunrin Akile Ijebu Refutes False Claims About Queen Elizabeth II’s 1956 Visit
News
NRC Managing Director Warns Against Railway Vandalism: “We Don’t Have Scraps, We Have National Assets”
News
Tragic Head-On Collision in Jigawa Claims Nine Lives, Dozens Injured
News
- Advertisement -
Ad imageAd image

You May Also Like

Sport

Victor Osimhen Returns to Nigeria as Al Hilal Transfer Hangs in Balance Ahead of FIFA Club World Cup

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
News

Tinubu Urged by PDP to Cut Fuel and Electricity Costs Amid Eid-el-Kabir Festivities

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
Mike Ejeagha
News

Mike Ejeagha, Nigerian Highlife Maestro, Dies at 95

Muhammad A. Aliyu
Muhammad A. Aliyu
June 7, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?