Food prices, transport fare soar

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By Elizabeth Adegbesan

The prices of food rose Year-on-Year, YoY,  amidst rising transport fare in September.

Analysis of the National Bureau of Statistics, NBS, selected food price watch data for September 2021 showed that the prices of rice, egg,  garri, and tomatoes rose during the period.

Similarly, the NBS transport fare watch data revealed that the prices of transport fare paid for bus, air, water and  motorcycle journeys  rose sharply YoY in September 2021.

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