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BREAKING NEWS|TAP TO VIEW THE FULL V!DEO, FATHER ARRESTED FOR BEHE4DING HIS 1 YEAH OLD SON AND CAUSING INJURY TO HIS WIFE AND MOTHER IN-LAW.As Nigerians prepare for the festive season, the excitement of Christmas celebrations is tempered with cautious optimism about the possibility of a reduction in the skyrocketing prices of food items. This year has seen substantial increases in the cost of staple foods, driven by inflation, insecurity, and supply chain disruptions, which have left many households struggling to afford even basic necessities. ...READ THE FULL STORY FROM SOURCE ...READ THE FULL STORY FROM SOURCE
From rice to vegetables, meat to cooking oil, the prices of essential foodstuffs have been rising steadily throughout the year, making it difficult for many families to keep up with the growing cost of living. For instance, a 50kg bag of rice, which cost around ₦55,000 last year, now sells for between ₦90,000 and ₦100,000 in many markets. Similarly, the price of palm oil has more than doubled, and the cost of chicken has surged to over ₦5,500 per kilogram.
For many Nigerians, the festive season is a time for family gatherings and shared meals, making the affordability of food a key concern. As the holiday approaches, the question on many minds is whether there will be any relief from the high prices that have plagued the country throughout the year.
Here are the current prices of major food commodities this week:
Price of Rice:
- 50kg Bag of Golden Rice – ₦85,000
- 50kg Bag of Vitally Long Grain Rice – ₦95,000
- 50kg Bags of Optimum and Mafa Rice (Wholesale Price) – ₦92,000
- 25kg Bag of Rice – ₦47,500
Price of Beans:
- 50kg Bag of Sweet Pure Butter Beans – ₦150,000
- 50kg Bag of Brown Beans from Maiduguri – ₦90,000
- Rubber of Brown Beans – ₦7,500
- Peeled Dried Honey Beans/Beans Flour – ₦15,000
- 50kg Bag of Honey Beans (Oloyin) – ₦110,000
- Clean Handpicked Oloyin Beans (Honey Beans) – ₦175,000
- 50kg Bag of Chad Sweet Brown Beans – ₦90,000
- 50kg Bag of Soybeans (Very Dried) – ₦115,000
Price of Garri:
- One Paint of Garri – ₦3,500
- 50kg Bag of Garri – ₦40,000
- Garri (Garri Ijebu) – ₦55,000
- 100kg Bag of Garri – ₦80,000
Tomatoes:
- Small Basket of Tomatoes – ₦5,000
- Small Basket of Pepper – ₦3,500
- Fresh Basket of Tomatoes – ₦50,000
Price of Chicken:
- Chicken – ₦15,000 to ₦20,000
The sharp rise in food prices is fueling concerns as the festive season draws closer.BREAKING NEWS|TAP TO VIEW THE FULL V!DEO, FATHER ARRESTED FOR BEHE4DING HIS 1 YEAH OLD SON AND CAUSING INJURY TO HIS WIFE AND MOTHER IN-LAW.
With many households already struggling with the high cost of living, the affordability of traditional holiday meals remains uncertain, especially for lower-income families...Tap To Read The Full Story Here.
