As Nigerians gear up for the festive season, the joy of Christmas celebrations is mixed with cautious optimism about a possible reduction in the soaring prices of foodstuffs. This year has seen significant hikes in the cost of staple foods, driven by inflation, insecurity, and supply chain disruptions, leaving many households struggling to afford basic … Read more
The price of a bag of beans is currently sold at approximately ₦100,000 in Lagos, depending on the type. Previously, a 100kg bag of beans was priced between ₦140,000 and ₦150,000 in the mega city due to a supply shortage. However, Lagos State foodstuff traders and consumers are now satisfied with the recent decline in … Read more
As the festive season approaches, the prices of essential food items across Nigerian markets have shown mixed trends, reflecting the dynamics of supply, demand, and regional harvests. A market survey conducted this week provides insights into the costs of staples such as rice, beans, tomatoes, and other commodities, which are central to holiday celebrations. Rice … Read more