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

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Prices Of Foodstuffs Go Down In Lagos Markets / Oil Prices Soar To $58 On Global Output Cut Deal / Dollar Scarcity: 40,000 Jobs Threatened, Food Prices Soar - PUNCH (2) (3) (4)

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Prices Of Food Items Soar In Lagos Markets by Adesiji77: 8:43pm On Jun 11, 2015
A medium-sized basket of fresh pepper now sells for N10, 000.00, from N5,000.00, while a basket of chili pepper goes for N13, 000.00, as against the N5,500.00 it sold for in the preceding weeks.

A jute bag of onions goes for N12, 500.00 from N11, 000.00, while a 20-litre keg of vegetable oil goes for N6,100 as against N6,000 previously.

A four-litre paint measurement of garri still sells for N300.

At the Daleko Market, Isolo, the prices of the various brands of a 50-kilogramme bag of rice ‎ranges from N7, 000 to N12,000.

A 120 kilogramme bag of beans costs N24, 500.00, from the N22, 000 it sold for in the preceding weeks.

The traders attributed the high cost of transportation to the lingering fuel scarcity and the rainy season, as reasons for the increase in the prices of food items.

Emmanuel Abuchi, a beans seller, attributed the increase in the price of beans to the ongoing planting season.

Farmers are not harvesting but planting now, and that is the reason why beans prices keep increasing in the market, Abuchi said.

Femi Odusanya, Spokesman of the Mile 12 Traders Association, said fuel scarcity had affected the movement and prices of goods to the Lagos market.

“The number of trucks that bring goods to the market have dropped drastically.”

“We only now get eight or ten trucks from the 40 trucks that usually bring goods to the market daily because there is no fuel to transport the goods to Lagos.”

“The differential is the cost of transportation and the off season reflected in the prices of the food items,” he said.

“Besides, this is off season for perishable food items, as only a few farmers have food items in their farms to sell.”

“Tomatoes from the southwest geopolitical zone of the country and Port Novo in Benin Republic are the ones in the market.”

Wasiu Bilawu, the leader, Ifesowapo Yam Market Association, Mile 12, urged Lagosians to bear with the traders, adding that the prices of yam would reduce when new yams come in July.

“Before, we pay N4,000 to transport 100 tubers of yams from Abuja to Lagos but now, due to fuel scarcity, we spend N8,000 to transport the same quantity.”

The demand for yams in Lagos is more than what is presently supplied to the market.

Before, ten trucks with yams offload daily at the market but now we just have three trucks.

“This is another factor that is responsible for the high cost of yams,” Bilawu added.

http://businessdayonline.com/2015/06/prices-of-food-items-soar-in-lagos-markets/#.VXneLs9Viko Cc: lalasticlala, Ishilove

2 Likes 2 Shares

Re: Prices Of Food Items Soar In Lagos Markets by veekid(m): 9:15pm On Jun 11, 2015
Make I comment first before reading, the poster after me may have something to say

3 Likes 1 Share

Re: Prices Of Food Items Soar In Lagos Markets by Nobody: 9:15pm On Jun 11, 2015
Umm... Okays I've noticed that there iis no tomato and other food stuffs iin Abuja too sad annoying cos ii can't cook ma indomie with assorted ingredients angry

Olorun ran wa
cry

1 Like

Re: Prices Of Food Items Soar In Lagos Markets by LAfricana(m): 9:15pm On Jun 11, 2015
angry Y

1 Like 1 Share

Re: Prices Of Food Items Soar In Lagos Markets by xmileeasy: 9:15pm On Jun 11, 2015
Okay, as long as garri price remains the same no problem

8 Likes 1 Share

Re: Prices Of Food Items Soar In Lagos Markets by SaAbbas(m): 9:15pm On Jun 11, 2015
grin
Re: Prices Of Food Items Soar In Lagos Markets by Nobody: 9:15pm On Jun 11, 2015
cheesy
Re: Prices Of Food Items Soar In Lagos Markets by Ezenwammadu(m): 9:15pm On Jun 11, 2015
This is the change

23 Likes

Re: Prices Of Food Items Soar In Lagos Markets by NaLaugh: 9:15pm On Jun 11, 2015
Home of inflation.
Re: Prices Of Food Items Soar In Lagos Markets by 5p1naz(m): 9:15pm On Jun 11, 2015
Oh boy
Re: Prices Of Food Items Soar In Lagos Markets by Huxley11(m): 9:16pm On Jun 11, 2015
why all these inflation in Nigeria?
Re: Prices Of Food Items Soar In Lagos Markets by yuzjet(m): 9:16pm On Jun 11, 2015
Hmmmmm
Re: Prices Of Food Items Soar In Lagos Markets by Nobody: 9:16pm On Jun 11, 2015
vote for Ayima as Mr Nairaland he will ensure the food prices go down
Re: Prices Of Food Items Soar In Lagos Markets by Nobody: 9:16pm On Jun 11, 2015
President Buhari. When you are done with famzing leaders around the world, we hope half of the nation won't have starved to death.

14 Likes 2 Shares

Re: Prices Of Food Items Soar In Lagos Markets by sirugos(m): 9:16pm On Jun 11, 2015
Since it didn't effect the price of Garri. am not bothered. Garri the hope of a common man. Obj 1959

2 Likes

Re: Prices Of Food Items Soar In Lagos Markets by allanphash7(m): 9:16pm On Jun 11, 2015
Is dis news





Better thins dey to carry dem no carry am






Na today price of fud don high







Rubbish
Re: Prices Of Food Items Soar In Lagos Markets by dunkem21(m): 9:17pm On Jun 11, 2015
..#babanowyouarethere
Re: Prices Of Food Items Soar In Lagos Markets by Youngzedd(m): 9:17pm On Jun 11, 2015
Garri na 4 cups for 100 NGN from 6 cups in Calabar.

It's everywhere. Hail the G team.

1 Like

Re: Prices Of Food Items Soar In Lagos Markets by umulobi: 9:17pm On Jun 11, 2015
Noted
Re: Prices Of Food Items Soar In Lagos Markets by ichidodo: 9:18pm On Jun 11, 2015
Nuffing to worry about...We got ourselves a 10 hectare farm in the FCT.

1 Like

Re: Prices Of Food Items Soar In Lagos Markets by Daniel058(m): 9:18pm On Jun 11, 2015
Na wah oo, anyway its not like that here ....Life In Abakaliki dey sweet oooo
Re: Prices Of Food Items Soar In Lagos Markets by Nobody: 9:18pm On Jun 11, 2015
Change! cheesy

2 Likes

Re: Prices Of Food Items Soar In Lagos Markets by kenedy175(m): 9:18pm On Jun 11, 2015
Who did this market survey ?
Re: Prices Of Food Items Soar In Lagos Markets by Nobody: 9:18pm On Jun 11, 2015
majidyusuf:
m
yuzjet:
Hmmmmm
Huxley11:
h

TRADELYN:
eddiebruk:
cheesy
See una lives
LAfricana:
angry Y
vimi:
G

xmileeasy:
Okay
Smh

9 Likes

Re: Prices Of Food Items Soar In Lagos Markets by godofwar666(m): 9:18pm On Jun 11, 2015
J
Re: Prices Of Food Items Soar In Lagos Markets by Nobody: 9:19pm On Jun 11, 2015
Freemanan:



See una lives

Smh


Lol
Re: Prices Of Food Items Soar In Lagos Markets by Nobody: 9:20pm On Jun 11, 2015
Freemanan:



See una lives

Smh
lol
Re: Prices Of Food Items Soar In Lagos Markets by anonimi: 9:20pm On Jun 11, 2015
The Brainless Booboo effect, for sure.

More than two months after winning elections.
Two weeks after swearing in.


Our Daura President has NO direction how to run a government.

Shebi we dey chant change, change. Finally we don get the change for WORSE!



www.nairaland.com/attachments/2459175_change_jpeg1d261807316c13729a0ba23ee58934ff

11 Likes 3 Shares

Re: Prices Of Food Items Soar In Lagos Markets by alaoeri: 9:20pm On Jun 11, 2015
Most especially tomatoes.

1 Like

Re: Prices Of Food Items Soar In Lagos Markets by Nobody: 9:20pm On Jun 11, 2015
ayima for Mr Nairaland
Re: Prices Of Food Items Soar In Lagos Markets by Nobody: 9:20pm On Jun 11, 2015
Freemanan:



See una lives

Smh

Is there a prize for space booking? Or is it just joblessness

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