Farm produce cost up by 29% – NBS
The National Bureau of Statistics (NBS) has reported a 28.98 per cent rise in the average cost of farm produce between January and May 2025, signalling a deepening crisis in Nigeria’s agricultural sector. According to the NBS, the price index for farm produce surged from 110.5 in January to 142.53 in May 2025. This sharp increase, particularly pronounced in May, …