As Christmas approaches, Nigerians are preparing for a potential surge in the prices of essential food items like rice, beans, tomatoes, and other staples.
- Market trends indicate that the festive season, often associated with bulk buying and panic purchases, may lead to significant price increases across the country.
- Traders in major markets have voiced concerns about these anticipated hikes, pointing to increased demand and possible supply chain disruptions as key factors.
- This has led to calls for government intervention to prevent unfair practices and ensure that food remains affordable.
- Stakeholders are urging the government to monitor market activities and address potential exploitation by unscrupulous traders. As the holidays draw near, many Nigerians are adjusting their budgets to accommodate the expected price increases.
- Here are the prices of major food commodities this week:
- Price Of Bag Of Rice:- My Choice Bag of Rice – ₦96,000
- Bag of Mama’s Pride Rice – ₦95,000
- Bag of Rice Long Grain 50kg – ₦98,000
- Khemji Bag of Rice – ₦103,000
- 25kg Bag of Rice – ₦47,500
- Price Of Bag Of Beans:
- Sweet Pure Butter Beans 50kg – ₦160,000
- Brown Beans 50kg From Maiduguri – ₦90,000
- Soyabeans Very Dried – ₦130,000
- Peeled Beans for Moi Moi 20kg – ₦80,000
- Neat and Picked Pure Oloyin Sweet Beans 2.5kg ₦85,000
- Price Of Bag Of Garri
- One Paint Of Garri – ₦3,900
- Bag Of Garri 50kg – ₦55,000
- 100 kg Bag of Garri ₦100,000
- Tomatoes:- Fresh derica tomatoes Big basket – ₦180,000
- Irish potatoes one basket -75,000
