24 January 2013

Nigeria: Consumers Lament Soaring Cost of Foodstuff

Some consumers at Nyanya Market, yesterday, lamented over the soaring cost of food stuff after the festive celebrations.

A housewife, Mrs. Martha Ogwuche, expressed surprise that weeks after the Christmas and New Year celebrations, commodity prices keep skyrocketing.

A trader at Nyanya Market, Ibrahim Bala, said, a bag of beans which sold for N15,000 before the festive season now cost N16,000.

He said a bag of garri that sold for N7,500 then is now N9,000, while a 25 litre gallon of groundnut oil, which formerly cost N6,000 now costs N7,000.

A meat seller, Sunday Idoko, said the cost of buying cows have increased and as such, meat sellers have to increase the price of meat.

Our reporter gathered that the costs of tomatoes, onions and other vegetables are still high.

Meanwhile, traders have lamented that they are not getting enough patronage from customers as expected.

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