Nigerians continue to grapple with soaring food prices as the cost of essential commodities rises sharply, a trend many attribute to recent policies introduced by President Bola Tinubu’s administration.
Over the past few months, the prices of staple foods such as beans, rice, palm oil, and tomatoes have surged, placing a heavy burden on households across the nation.
The steady increase in fuel prices, a key factor in the transportation of farm produce from rural areas to urban markets, has significantly impacted food costs.
The high cost of petrol, combined with other economic pressures, has made it difficult for farmers and transporters to move goods efficiently, resulting in price hikes across the board.
The rising prices have left many Nigerians struggling to afford basic meals.
Economic analysts have urged the government to address the issue of rising fuel prices, which they see as a critical driver behind the food inflation crisis.
Many have called on President Tinubu to consider measures that could stabilize fuel costs and ease the transportation of food items, helping to make essential commodities more affordable for the average Nigerian.
As the situation unfolds, citizens hope for immediate relief, fearing that continued price hikes may push more households into food insecurity.
Here is the price of major food commodities this week:
Price Of Bag Of Rice
Bag of Mama’s Pride Rice – ₦95,000
25kg Bag of Rice – ₦47,500
Khemji Bag of Rice – ₦103,000
Price Of Bag Of Beans
Sweet Pure Butter Beans 50kg – ₦160,000
Soyabeans Very Dried – ₦130,000
Peleed Beans for Moi Moi 20kg – ₦80,000
Neat and Picked Pure Oloyin Sweet Beans 2.5kg – ₦8,500
Price Of Bag Of Garri
Bag Of Garri 50kg – ₦55,000
100 kg Bag of Garri – ₦100,000
Tomatoes
Fresh derica tomatoes Big basket – ₦180,000
Medium basket – ₦95,000
Small basket – ₦40,000
Price Of Spaghetti
Golden Penny Spaghetti (500g × 20) cartoon – ₦28,000
Price Of Palm Oil
5 litre gallon – ₦ 7,500
25 litre gallon – ₦ 55,000
