Prices in Nigeria are generally increasing due to steady inflation, and food items are particularly impacted. The prices also vary considerably from state to state. In Ogun State, one kilogram of local rice, sold loose, cost on average 670 Naira (around 0.47 U.S. dollars) in August 2023. One kilogram of boneless beef reached 2,700 Naira, which is equal to 1.90 U.S. dollars, while one bottle of palm oil cost on average 1,525 Naira per liter, 1.07 U.S. dollars.
Prices of selected food items in Ogun State in Nigeria as of August 2023
(in Naira)
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NBS (Nigeria). (August 1, 2023). Prices of selected food items in Ogun State in Nigeria as of August 2023 (in Naira) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1245566/prices-of-food-products-in-ogun/
NBS (Nigeria). "Prices of selected food items in Ogun State in Nigeria as of August 2023 (in Naira)." Chart. August 1, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1245566/prices-of-food-products-in-ogun/
NBS (Nigeria). (2023). Prices of selected food items in Ogun State in Nigeria as of August 2023 (in Naira). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1245566/prices-of-food-products-in-ogun/
NBS (Nigeria). "Prices of Selected Food Items in Ogun State in Nigeria as of August 2023 (in Naira)." Statista, Statista Inc., 1 Aug 2023, https://www.statista.com/statistics/1245566/prices-of-food-products-in-ogun/
NBS (Nigeria), Prices of selected food items in Ogun State in Nigeria as of August 2023 (in Naira) Statista, https://www.statista.com/statistics/1245566/prices-of-food-products-in-ogun/ (last visited December 22, 2024)
Prices of selected food items in Ogun State in Nigeria as of August 2023 (in Naira) [Graph], NBS (Nigeria), August 1, 2023. [Online]. Available: https://www.statista.com/statistics/1245566/prices-of-food-products-in-ogun/