Fidelity bank card banner Camano banner

Prices of food items soar in Lagos markets

By Oluwafunke Ishola/Rukayat Abu on 30/03/2018

Views: 1,501

•Food items on display in a Lagos market
•Food items on display in a Lagos market

Ahead of Easter celebration, prices of some food items like tomatoes, chili pepper, and onions have increased by over 100 per cent in Lagos markets, the News Agency of Nigeria (NAN) reports.


A survey by NAN on Thursday at Mile 12, Ile-Epo and Oyingbo markets revealed that a 40kg basket of tomatoes which hitherto sold for N4,500 in February now goes for N9,500. 

A 50kg basket of chili pepper increased from N4,500 to N8,000 and a basket of tatashe rose from N4,000 to N8,000. 

A jute bag of onions which previously sold for N13,000 now costs N14,000, a 100kg bag of beans costs N30,500 while a 50kg bag of rice ranges between N13,000 to N18,500, depending on the brand.

A kilo of frozen turkey goes for N1,350.00, frozen chicken cost N1,200 while a paint measure of garri still maintains its price at N350.

Traders at the markets attributed the price increases to seasonal factors, increase in transportation costs and the lingering security challenges in the North-East geo-political zone.

Alhaji Hamzat Abudulkarim, a pepper trader at Ile-Epo market, said that the quantity of the produce had reduced due to seasonal factors.

“Tomato is almost out of season and its price and that of pepper has increased from markets in Kano, Sokoto, Zaria, where we buy them from,” he said.

Mr Femi Odusanya, Spokesperson for Mile 12 Perishable Food Traders Association, said that there was need for the three levels of government to increase investment in mechanised farming, toward boosting food production.

“Eighty per cent of the food sold in markets across the country are planted by subsistence farmers and this is not sustainable because of our large population.

“Concerns about the high cost of food would be over in the country only if state governments key into cultivating produce that can grow in their areas, to increase the volume of food produced,” Odusanya said.

He, therefore, urged the Federal Government to increase investment in irrigation schemes across the country, to enhance dry season cultivation. (NAN)


Source News Express

Posted 30/03/2018 12:14:03 AM





You may also like...
Chime calls for cancellation of Enugu LG election...

Senate moves to create another university from ABU...

Obiano presents artificial limbs to the physically-challenged

INEC nomination forms too expensive, says Ogun governorship...

Senate rejects gender equality bill

PDP’s Fintiri set to topple APC’s Gov. Bindow...

Shockwaves in Ambode’s camp over Tinubu’s ‘direct primaries’...

Army nabs 36 for impersonation, other offences; releases...

Fidelity Bank launches agency banking partnership scheme in...

NEMA moves 270 Nigerian returnees from Cameroon

NCDC confirms 16 new cases of Lassa fever...

FIFA opposes Barcelona-Girona match in US


Latest News Many reported dead as Boko Haram go on rampage in parts of Borno Terrorists ambush, kill 5 soldiers Meet Buhari’s Minister who rose from Messenger to the top Generator fumes kill couple Joint security panel worried over Wadume’s video I know nothing of Interior Ministry — Aregbesola PDP clears 34 aspirants for Kogi, Bayelsa Gov Primaries Travellers stranded as Nigeria suddenly shuts down Seme Border UNILAG graduate beats 15 contestants to get $1.5m LNI scholarship in AUB Dickson seeks international community’s support for credible Bayelsa governorship poll We must increase revenue or Nigeria slips into fiscal crisis — Finance Minister Workers jubilate as Amaechi returns to Transportation Ministry


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (529,526 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (438,803 views) Shameless Genevieve Nnaji exposes breasts in public (383,694 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (322,664 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (290,470 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (251,335 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (246,131 views) 10 cars more expensive than Jets (233,158 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (228,080 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (214,298 views) Lagos plane crash: Journalist releases victims’ names (193,151 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (191,038 views)


CBN milk production

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (98) Business & Economy (4,400) Business Verdict (79) Columnists (1,095) Complaints & Requests (95) Enterprise & Opportunities (215) Entertainment (648) Features (795) Global Business Monitor (420) ICT Monitor (58) International (3,851) Interview (198) Live Commentary (30) Love Matters (166) Maggie's Blog (383) News (50,261) Opinion (1,327) Pidgin (17) Politics (11,331) Religion (1,085) Sports (2,133) Stock Watch (39) AMA & Al Jazeera Global Update







APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera