Tag: Food Prices
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Food prices continue to soar in Nigeria
The National Bureau of Statistics (NBS) says prices of food items such as beef, tomatoes, beans, and yams witnessed increases in July.
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Flood: Prices of food items soar high in the northern part of Nigeria
Food items prices have continued to soar high beyond the expectations of the people in the north due to excessive flooding in the last quarter of year 2022. The Emir of Zazzau, Ahmed Nuhu Bamali had earlier predicted that hunger may surface in the north due to flooding.
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Food prices rose in July 2022 – NBS
The National Bureau of Statistics (NBS), says prices of selected food items increased in July. It made the declaration in its Selected Food Prices Watch Report for July 2022 released in Abuja on Monday.
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Food prices hit 7-year high
The global food commodity prices rose to a seven-year high in January 2021, the Food and Agriculture (FAO) has disclosed. According to the United Nations agency, food prices led by cereals, vegetable oils and sugar, recorded their highest level since July 2014. The FAO’s Food Price Index, which monitors and records monthly changes in the…
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Christmas: Abuja residents groan as prices of food items hit rooftop
By Emman Ovuakporie As Nigerians celebrate this year’s Yuletide, the prices of food items in the capital city, Abuja hit the rooftop. TheNewsGuru.com, (TNG) visited some markets in Abuja satellite towns to carry out an on the spot assessment. At the Gwagwa market, the prices of broiler was between N5k-N10k and bags of local rice…
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Food prices increases as Nigeria’s inflation hits 14.89%
Nigeria’s headline inflation has increased for the 15th consecutive month to 14.89% in November 2020, from 14.23% in October. The report which was released on Tuesday by the National Bureau of Statistics (NBS) also shows a spike in food inflation which jumped to 18.30% in November from 17.38% the previous month, while core inflation declined…
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Food prices coming down, not going up – Presidency declaress
Contrary to public opinion, the Presidency on Friday said prices of food items in the country are dropping and not going up. The President’s Senior Special Assistant on Media and Publicity, Mr Garba Shehu, made this known while featuring on Channels Television’s Sunrise Daily programme. According to Shehu, the drop in food prices is due…
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World food prices slip in September – FAO
World food prices slipped in September from the month before, with only sugar posting a rise, the UN food agency said on Thursday. The Food and Agriculture Organisation’s (FAO) food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 165.4 points last month. The figure is…
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Increase in food prices is blessing in disguise – FG
The Federal Government has said the current increment in prices of food items is blessing in disguise for the country. However, the minister noted that the government was working assiduously to bring down the prices. This was revealed by the Minister of Agriculture and chairman of presidential task force on soaring prices of foodstuffs, Chief…
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What we are doing to reduce high food prices – Osinbajo
Acting President, Prof. Yemi Osinbajo has said the Federal Government is working assiduously to bring down the high prices of food in the country. Osinbajo explained that the skyrocketing prices of food is due to some factors which the incumbent administration has identified and will resolve soon. Osinbajo explained why prices of food items are…