Prices in Nigeria are generally increasing due to a steady inflation, and food items are particularly impacted. The prices also vary considerably from state to state. In Ondo State, one kilogram of local rice, sold loose, costed on average 903 Naira in August 2023 (around 0.63 U.S. dollars). One kilogram of boneless beef, on the other hand, reached 2,788 Naira, which is equal to roughly 1,96 U.S. dollars, while one bottle of palm oil costed on average 1,420 Naira per liter, one U.S. dollar.
Prices of selected food items in Ondo State in Nigeria as of August 2023
(in Naira)
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NBS (Nigeria). (August 1, 2023). Prices of selected food items in Ondo State in Nigeria as of August 2023 (in Naira) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1245627/prices-of-food-products-in-ondo-state/
NBS (Nigeria). "Prices of selected food items in Ondo State in Nigeria as of August 2023 (in Naira)." Chart. August 1, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1245627/prices-of-food-products-in-ondo-state/
NBS (Nigeria). (2023). Prices of selected food items in Ondo State in Nigeria as of August 2023 (in Naira). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1245627/prices-of-food-products-in-ondo-state/
NBS (Nigeria). "Prices of Selected Food Items in Ondo State in Nigeria as of August 2023 (in Naira)." Statista, Statista Inc., 1 Aug 2023, https://www.statista.com/statistics/1245627/prices-of-food-products-in-ondo-state/
NBS (Nigeria), Prices of selected food items in Ondo State in Nigeria as of August 2023 (in Naira) Statista, https://www.statista.com/statistics/1245627/prices-of-food-products-in-ondo-state/ (last visited November 05, 2024)
Prices of selected food items in Ondo State in Nigeria as of August 2023 (in Naira) [Graph], NBS (Nigeria), August 1, 2023. [Online]. Available: https://www.statista.com/statistics/1245627/prices-of-food-products-in-ondo-state/
