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Sallah: Prices Of Food Items Soar In Lagos Markets - Business - Nairaland

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Sallah: Prices Of Food Items Soar In Lagos Markets by treesun: 8:24pm On Jun 12
As the 2024 Eid Kabir celebrations approach, the prices of perishable and non-perishable food items have soared in major markets in Lagos by over 300 per cent.

A survey conducted by the News Agency of Nigeria in major markets (Mile 12, Oyingbo, Surulere and Ajah) on Tuesday and Wednesday showed that prices of all food items jumped by almost 400 per cent in some cases within the space of one year.

A 50kg basket of tomatoes which was sold for N35,000 in 2023 has risen to N100,000 at Mile 12 and as high as N120,000 in high-brow areas of Lekki and Ajah.

The price of a 50kg bag of Scotch Bonnet popularly known as “rodo” or “atarodo” pepper jumped by over 600 per cent, selling for N120,000 against the previous N18,000.

Similarly, a 50kg basket of bell pepper also called “tatashe” rose to N95,000 from N21,000 while the same quantity of red chilli pepper also known as “bawa or shombo” rose to N110,000 from N22,000 in 2023.

The survey also showed that a[b] 100kg basket of onions is now selling for N70,000, up from N25,00[/b]0 in the period under review.

NAN also reports the price of a 50 kg bag of local rice which sold for N48,000 last year, currently goes for N65,000 while the same quantity of imported Rice pegged at N55,000 in 2023 is being sold between N80,000 and N90,000 depending on purchasing power.

Also, prices of animals used to celebrate the festival such as rams, cows and goats have soared astronomically.

A medium-sized ram ranged from N350,000 to as high as N700,000, a cow ranged from N800,000 to N1,000,000 and a goat from N75,000 to N120,000 depending on bargaining strength.

Eggs and chickens have also jumped as a crate of egg which was N1,800 in 2023 was now N4,500 as of Tuesday and chicken of N8,000 now goes for N12,000 of old layers and N15,000 for broilers.

The Spokesperson for Mile 12 International Market, Lagos, Femi Odusanya, attributed the increasing prices in food commodities to high levels of insecurity for farmers.

According to him, farmers are no more farming because of banditry, kidnapping and wanton killing on farmlands across the country.

Odusanya added that the high cost of transportation also contributed greatly to the inflation currently being experienced on food items.

He said that the government at all levels would need to subsidise the entire agricultural value chain and provide adequate security to encourage more people to go into farming.

“The state government’s contributions to agriculture are abysmal and there should henceforth be competition in the area of comparative advantages at the state level.

“We have arable lands in all the states but the governors must do much more in the area of agriculture and reduce reliance on the largesse from the Federation Account Allocation Committee.

“You can count on your fingers the number of large-scale mechanised farmers we have in the country as it is in the developed climes.

“Furthermore, to make agriculture attractive, we need to take the issue of value addition seriously by supporting local processing,” he said.

Meanwhile, a cross-section of Nigerians have continued to bemoan the country’s current inflationary pressures and are seeking interventions from governments at all levels to mitigate its impacts on ordinary citizens.

A nutritionist, Fatai Akomolafe, stated that pockets of malnutrition incidences were beginning to crop up in different parts of the country.

Akomolafe noted that when citizens were not able to afford a basic meal consisting of critical nutrients, different forms of sicknesses and diseases were bound to attack the body.

“Ordinary egg, which is supposed to be one of the cheapest sources of protein, is now almost N200. You cannot even imagine the price of soya beans, beans and other sources of proteins such as beef and chicken.

“When vegetables, proteins, and carbohydrates become luxury for the common man, then sickness becomes the norm and with the japa syndrome the country is currently facing, we do not have enough doctors to address sicknesses that plague people as a result of malnutrition.

“The time for local, state and Federal governments to find means of getting critical food components to the needy is now to reduce the mortality staring us in the face,” he said.

A businesswoman, Charity Ephraims, stressed that the number of begging Nigerians on and off the streets had increased in the last year.

“Whether on suit or in rags, people begging to eat, begging to be transported, begging to buy drugs, have increased. One is even afraid to pick calls these days, particularly from home, because the needs are overwhelming.

“It has also become very fearful to go to the market these days because the price you met last Saturday is definitely different from what one would see this coming Saturday.

“I wonder how those with high blood pressure are coping. May we not have incidences of people collapsing in markets once they hear the price of an item.

“We beg government to do whatever can be done to reduce the price of food as it is only a person who has eaten that is strong enough to be productive and contribute their quota to the nation’s Gross Domestic Product (GDP), she said.

Alhaji Bala Tanko, a pepper trader, revealed that even as a seller, he could not afford to consume what he was selling at the price it was currently being sold at.

He urged the government to deploy more security surveillance to farm areas, particularly in the middle belt and the north, to match the forces of bandits and encourage farmers to return to feeding the nation.

Tanko also appealed for subsidised transportation systems and reduced levies to aid the transportation of food components across the country until prices become reasonably lowered.

NAN

https://punchng.com/sallah-prices-of-food-items-soar-in-lagos-markets/

5 Likes 2 Shares

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by Kwaramustgoodag: 9:57pm On Jun 12
Only God can help us.
What I knew is that,our politicians are wicked and heartless.

54 Likes 6 Shares

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by treesun: 10:40pm On Jun 12
Nlfpmod, we are hingry!
Re: Sallah: Prices Of Food Items Soar In Lagos Markets by TrackerSK: 10:47pm On Jun 12
Kwaramustgoodag:
Only God can help us.
What I knew is that,our politicians are wicked and heartless.
Keep voting nonsense and expect God to come and help you.

142 Likes 14 Shares

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by NwaNimo1(m): 10:47pm On Jun 12
Good news,.....for Rams.

40 Likes

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by BossGerald: 11:59pm On Jun 12
Ebinpawa, but tinubu has recruited malnourished BATerians to come defend him on nairaland,on empty stomach oo


Their only benefit is that they succeeded in keeping an Igbo man off power, they don't care whether their families are dying from tinubu induced hunger.

Zombies are real

127 Likes 15 Shares

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by goodnessme1(f): 12:20am On Jun 13
They should chop sand

32 Likes 3 Shares

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by SlavaUkraini: 12:14pm On Jun 13
treesun:
Nlfpmod, we are hingry!

Don't worry he will send your message across to Jagaban.

3 Likes 1 Share

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by Ibrahim79mantu: 12:16pm On Jun 13
MURIC should appeal to Tinubu to subsidize rams for his fellow Muslims.
Else na chicken leg some of them go use do sallah

50 Likes 3 Shares

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by SoNature(m): 12:16pm On Jun 13
Nigerians are typically opportunistic, hypocritical and dubious. People who exhibit these devilish tendencies must be tamed.

Things are getting out of hands, so the government should step in and stabilise prices, especially if the increases are artificial.

6 Likes 1 Share

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by shiki(m): 12:16pm On Jun 13
angry

1 Like

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by adecz: 12:16pm On Jun 13
undecided



Very silly to be comparing today's
prices with 2023..

Makes more sense if you compare
today's prices with just 2 months ago❗️❗️❗️

1 Like

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by ajimo54(m): 12:17pm On Jun 13
treesun:


https://punchng.com/sallah-prices-of-food-items-soar-in-lagos-markets/

My rams are sold for 150k. Why are Nigerians not farming?

2 Likes

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by Jestin: 12:17pm On Jun 13
Make them eat baba hit the ground running 😂

4 Likes

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by YeyeGbami: 12:18pm On Jun 13
Insecurity
Re: Sallah: Prices Of Food Items Soar In Lagos Markets by Nackzy: 12:18pm On Jun 13
God punish APC supporters

17 Likes

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by Blaze14k: 12:18pm On Jun 13
At the beginning did you see how government was trying to force supermarkets not to increase prices. They sealed some supermarkets but now all to no avail. Very soon most of his followers will forget the real reason they came into power and the 2027 abracadabra will repeat itself

5 Likes

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by Tflex01: 12:18pm On Jun 13
BossGerald:


Ebinpawa, but tinubu has recruited malnourished BATerians to come defend him on nairaland,on empty stomach oo


Their only benefit is that they succeeded in keeping an Igbo man off power, they don't care whether their families are dying from tinubu induced hunger.

Zombies are real

Lol at least they have a consolation.

They were able to prevent another dimension of bragging and chestbeating. 😂

5 Likes 1 Share

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by twilliamx(m): 12:18pm On Jun 13
Kk
Re: Sallah: Prices Of Food Items Soar In Lagos Markets by santopelele(m): 12:19pm On Jun 13
Epi mpiawa onu, hunger must reset our brains in this country. Hunger knows no tribe, religion or political party.
In Tinubu manhood we stand grin grin

8 Likes

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by EyeCumInPiss: 12:20pm On Jun 13
Tinubu is 1million times worse than Nebuchadnezzar.

Where is that white haired prof when they need him. grin

38 Likes 4 Shares

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by Racoon(m): 12:20pm On Jun 13
Everybody dey collect anyhow from balabloo-blu-bulava drug baron economic disaster of a man. All these brunts are being borne by the end consumers. Elections have consequences

14 Likes 4 Shares

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by themanderon: 12:21pm On Jun 13
Booooomchakalaka. Elections have consequences. Enjoy Emilokan Muslim/Muslim ticket better served cold.

6 Likes

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by DeltaBachelor(m): 12:22pm On Jun 13
So sad !

BTW, contact us below for IELTS, TOEFL and CELPIP runs wink
Re: Sallah: Prices Of Food Items Soar In Lagos Markets by sterlingD(m): 12:22pm On Jun 13
MURIC should as a matter of urgency do something about this.

2 Likes

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by Blitzking: 12:23pm On Jun 13
treesun:


https://punchng.com/sallah-prices-of-food-items-soar-in-lagos-markets/
"A ma gbe walee" Abi no be so? Wifeee already bought tomatoes and pepper end and keep for fridge cos of this hike she saw coming early this week and e no even cheap b4.

1 Like

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by sleek214(m): 12:23pm On Jun 13
Nigerians and Artificial Inflation are 5 & 6. Why increase prices of goods because of festivities?

2 Likes

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by saddler: 12:24pm On Jun 13
Shege banza pro max
Re: Sallah: Prices Of Food Items Soar In Lagos Markets by Treasure17(m): 12:25pm On Jun 13
Boil egg if you can't afford ram. Since it's your brother that's there, tell him to subsidize it for you. Una go get sense las las.

6 Likes 1 Share

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by omoredia: 12:25pm On Jun 13
Compare Gej vs Tinubu prices. Better like that

2 Likes

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by phemmie06(m): 12:25pm On Jun 13
Above all these, we have a special market, special naira value and special privilege as APC members,
We buy our rams as cheap as N12750.27k while big cows are sold to us at N35325.65k.
Pepper and other ingredients are free gift of nature. Haven't this government favours me and my family?


Ei ti ri nkannkan in that praise singer in voice

6 Likes

Re: Sallah: Prices Of Food Items Soar In Lagos Markets by sirchim(m): 12:26pm On Jun 13
THIEFNIBU only came to get back what he spent to buy the certificate from the worthless Criminal, ya-KOBO. Nothing more, he got absolutely nothing to offer.

4 Likes

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