The cost of 1 kilogram (Kg) of rice expanded year-on-year, YoY, by 81% to N917.93 in December 2023 from N506.17 in the relating time of 2022.

The Public Department of Measurements, NBS, revealed this yesterday in its Chosen Food Value Watch for December 2023.

NBS likewise said the normal cost of 1kg of Beans brown (sold free) rose by 48.5 percent YoY to N870.67 in December 2023 from N586.14 in December 2022.

Also, the typical cost of 1kg onion bulb rose by 122.9 percent YoY to N971.86 in December 2023 from N435.93 in December 2022.

Additionally, from N458.42 in December 2022, the average price of one kilogram of tomato increased by 77.6% year-over-year to N814.16 in December 2023.

In the meantime, according to the NBS’s Transport Fare Watch for December 2023, which was released yesterday, the cost of traveling by bus, motorcycle (Okada), air, and water increased during that time.

It expressed: ” The typical charge paid by suburbanites for transport ventures inside the city per drop declined to 13.83 percent from N1,047.64 in November to N902.70 in December 2023. ” It increased by 40% year-over-year from N644.66 in December 2022.

“In air travel, the typical charge paid via air travelers for determined courses single excursion was N85,692.12 in December 2023, showing an increment of 5.36 percent while contrasted with earlier month (November 2023).

“On a YoY premise, the toll rose by 14.8 percent from N74,597.30 in December 2022. The typical vehicle admission paid on Okada transportation was N419.73 in December 2023 which declined by 11.29 percent when contrasted and the worth kept in November 2023 (N473.13). When compared to December 2022, the fare decreased by 9.04 percent year-over-year (N461.45).

“For water transport (stream traveler transportation), the typical passage paid in December 2023 expanded to N1,386.76 from N1,352.70 which demonstrates an increment of 2.5 percent consistently.

It increased by 34.77 percent year-over-year from N1,029.00 in December 2022.