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Editor’s Pick: Workers, Traders Dread Looming Christmas Over Soaring Prices of Food items

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Editor's Pick: Workers, Traders Dread Looming Christmas Over Soaring Prices of Food items

… Believe 2022 celebration would be totally robbed of enthusiasm and fanfare***

Nigerian workers and traders have expressed genuine fear over the impending Christmas season as the full implications of rising prices of foodstuffs stare at them, frontally.

Maritime stakeholders who spoke with Maritime First in Apapa, Lagos, specifically noted that with the current soaring prices of food, whatever glamour could not be removed by increasing pains of petrol, presently selling at N250 per litre, would be wrecked by food prices.

Buttressing this view, respondents, who spoke in a survey at various points in Nigeria, especially in Abeokuta, Ibadan, Ado-Ekiti, Ilorin, Osogbo, and Akure, agreed that if the situation was not urgently addressed, this Christmas celebration would be totally robbed of its usual enthusiasm and fanfare.

The survey on some major markets indicated that prices of almost all the major food items had soared, compared with what they used to be a few months back.

Staples like rice, beans, potatoes, yam, cassava and other foodstuffs, including onion, maize, millet, sorghum, tomato, pepper and palm oil, were not spared.

At Kuto market in Abeokuta, it was discovered that a bag of short-grain rice, which sold for N27,000 in August, is now N35,000.

The survey revealed that a 25-litre keg of groundnut oil sold for N33,000, against N27,000, while a 5-litre keg now goes for N7,000, as against N5,000 in September.

The price of palm oil also witnessed an increase, as a 25-liter keg now sells for N33,000, as against N22,000 a few months back.

At Omida market, there was, however, a downward turn in the price of beans, with a bag, which used to be between N65,000 and N70,000, now selling at between N35,000 and N40,000, depending on the type.

A basket of tomatoes at the market, which was sold for N1,500 around September, has increased to N3,500, while a basket of red pepper, now being sold at N4,000, was sold at N1,500 in September.

At the popular Lafenwa market, a 50kg bag of long-grain rice went for N43,000, while a 5kg bag of Ofada rice was sold at N18,500, as against their respective prices of N33, 000 and N12,000 in September.

The report showed that frozen food items were also affected, as the price of a carton of turkey, which was N20,000 in October, has gone up to N31,000, while that of chicken now sells for N22,000, against N17,500 in October.

Alhaji Yusuf Aliu, a yam seller at Olomore market, said that six big tubers of yam could not go for less than N10,000, while he was ready to sell 10 small tubers for N8,000.

Aliu explained that the prices of the same sizes and quantities in August were about half of the current prices.

Meanwhile, wholesale and retail traders at the various markets had started to stock up on essential food items and goods in readiness for the Christmas celebration.

Mrs. Adejoke Ogunsanya, a trader at Kuto market, however, lamented what she described as “low patronage.”

According to Ogunsanya, this is the period that many people go to the market to shop, ahead of Christmas, adding, however, that things are no longer the same.

She attributed the low patronage to the high cost of food items and low disposable income of the people.

Mr. Moses Akindele, a civil servant, said he had already been appealing to members of his family that this year’s Christmas celebration would be low-key.

Akindele noted that while the prices of goods continued to soar, there was no corresponding increase in salaries of workers.

“I have told my wife and children not to expect the usual fanfare that normally accompanies Christmas, especially if situations do not change.

“We will just stay indoors, eat what we can afford, pray and appreciate God for the gift of life,” he said.

The Iyaloja of Kuto market, Alhaja Semirat Ibrahim, who expressed concern over the steady rise in prices of foodstuffs, attributed the trend to flooding, insecurity and the general downward turn of the nation’s economy.

“The economy is facing challenges and also, insecurity has driven away many farmers from the farm, while flooding has wiped away farm produce.

“It is not the fault of the traders. No trader will want to run at loss and so, the prices at which they sell the foodstuffs will reflect the amount they bought them,” she said.

Ibrahim urged governments at all levels to find lasting solutions to the challenges of insecurity, flooding and inflation in the country.

National Deputy President of All Farmers’ Association of Nigeria (AFAN), Mr. Segun Dasaolu, ascribed the high prices of food items to the negative effects of climate change, high cost of agricultural inputs and poor credit facility arrangement for farmers.

Dasaolu urged the government at all levels to fund agricultural research institutes so as to encourage modern methods of farming.

He also appealed to the government to entice youths into the agricultural value chain through easy access to credit facilities.

In Ibadan, the situation was not different at markets like Bodija, Sasa and Bere, with respondents lamenting the hard times they were passing through in feeding their families.

Mr. Sunday Ajakaye, a private school teacher, said prices of food items had gone so high that he was almost spending his entire salary on buying food items for his family.

Ajakaye said: “As a private school teacher, I am struggling with my take home to make ends meet.

“With one ‘kongo’ (10 milk tins) of rice now selling for between N1,300 and N1,400, what are we saying here? Yet, food is so vital that nobody can do without it.”

According to Alhaja Bola Alubarika, a rice merchant at Bodija market, a 50kg bag of rice is now selling at between N37,500 and N40,000, as against N34,500 it sold in September.

“We cannot say a particular reason caused the hike in food prices, as there is a small difference between the price of local rice and the imported ones.

“Those who benefitted from the Anchor Borrowers Loan from the Federal Government, with one digit interest, are now selling rice with slight difference in price.

“A bag of beans is now selling for N30,000, while a kongo sells for between N900 and N950.

“I hope the price remains the same before Christmas,” Alubarika said.

According to Mr. Akinsola Abiodun, a vegetable oil trader said a 25kg-litre keg of Kings oil now sells for N32,000 from N27, 000, while five litres of it goes for N7, 200, adding, however, that the price varies with other brands.

A civil servant, Mrs. Munirat Kazeem, noted that salaries should either be increased or the inflation stemmed, as the current salaries could no longer meet their needs.

“My current salary can no longer meet up with my needs. I’m, therefore, imploring the government to consider paying 13th-month salary to cushion the effects of inflation on the people,” she said.

It was also observed that prices of beverages and milk had soared, even without the factories closing down yet for the year.

In Ado-Ekiti, the survey revealed that a 50kg bag of rice had jumped to between N48,000 and N50,000, as between N30,000 and N32,000 sold five months earlier.

A businessman at Ojumose market, Mr. Anayo Okoli, lamented the hike in prices of goods, saying it had reduced patronage in recent times.

“Most of my customers now complain of not having much money and that they are only managing with the little they have to feed their families.

“This situation is really affecting even our colleagues, many of whom are selling clothes, shoes and bags, because people hardly buy those things again; all they care about now is food,” he said.

According to him, the least pair of jean trousers in the market now is N12,000, against the former N5,000, which is still on the high side.

Another market woman at Oja-Oba market, Mrs. Folashade Oladele, expressed worries at the rate at which prices of goods soared by the day.

“A kongo of beans is now between N900 and N1,050, as against the former price of between N600 and N700,” she said, calling on governments at all levels to find ways of ameliorating the hardship.

A trader, Mr. Oluwatoyin Solomon, bemoaned what he called the unbearable situation, saying that “even salt, which used to maintain a stable and lowest of prices, is now sold for as much as N4,300, as against the old price of N2,000.”

Solomon said that all the prices of commodities had virtually increased, expressing worries that the prices kept increasing daily.

“Even maggi is not left out in the hike, as a carton that was sold for N12,800 is now N13,900.

“10kg of semovita that used to sell for N6,000 is now N6,900, and a bag of Nigerian rice, sold for N25,000 before, is now N36,000.

“A carton of turkey that was formerly sold for N21,000 is now N28,000, and a crate of egg that sold for N17,000, is now N24,000; while most surprisingly, a keg of palm oil is now N30,000, against the former price of N14,000,” he said.

Mrs Susana Agbabielesn, who sells food items, lamented that a bag of gaari Ijebu, which was sold for N15,000 around June, had risen to N25,000.

“How much will I sell a rubber of garri, if I continue to venture into buying it?

It is only Ijebu Ponmo (dry ponmo) that has remained at the same price since the beginning of this year. The prices of all other food items keep increasing every time. I am fed up,” she said.

A foodstuffs seller at Oja Bisi (Bisi market) in Ado-Ekiti, Mr. Muyiwa Adewumi, affirmed the daily increase in prices of foodstuffs.

“The price of honey beans, popularly known as ‘Ewa Oloyin’, which hitherto sold for N55,000, is now N65,000,” he said.

According to him, the prices of local rice vary because of its different qualities.

He attributed the increase in prices to the state of insecurity in the country, saying that the fear of being kidnapped had reduced the number of farmers going to the farm.

“In addition, the flood that happened in some parts of the country has contributed to the increase in prices of foodstuff in the market, as erosion washed away their food crops,” he said.

Another foodstuffs seller at Oja Oba market, Mrs Monisola Ajayi, said she was surprised by the daily increase in prices of foodstuffs, especially in Ado-Ekiti.

She attributed this to scarcity of fuel from the northern part of the country and other states producing the food items.

“Insecurity in the country is also a factor, as farmers cannot produce in large quantities over the fear of being kidnapped on their farmlands.

Meanwhile, Mrs. Bosede Daramola, a trader at Mojere market, said she found it difficult to point at the main cause behind the soaring prices of goods.

She, however, said that the recent flooding across the country might have made it difficult for the transportation of foodstuffs from one state to another.

A public servant, Mr. Taiwo Owoeye, submitted that incessant kidnapping and other security challenges led to increase in the prices of foodstuffs.

He called on the government to intervene by controlling the prices of foodstuffs and other goods and services in the country before the situation got out of hand.

The situation is the same in Ilorin, with traders complaining of low patronage of their goods, owing to high prices.

They claimed that their sales had reduced by 50 percent, as customers now paid double of what they used to pay, making them buy less.

A foodstuffs seller at Ipata market, simply known as Mummy Aisha, said that the most affected of her goods were rice and groundnut oil, both of which were indispensable in almost all homes.

”I can never imagine that we will sell rice at N45,000 per bag and groundnut oil for N40,000 per gallon.

”Spaghetti that many people use as supplement for rice is also a no-go area, as it now sells for between N400 and N500, depending on the maker,” she said.

Mrs. Hannah Oderinu, a seller at Oja Oba market, said she used to sell semovita and packaged wheat in wholesale, but with the upsurge in prices, the sales had reduced drastically.

”People now prefer to blend maize and cassava flour (lafun) together to replace semo, and they now buy raw wheat and grind them instead of buying the packaged ones.

”So, it’s like we now come to the market to sleep all day, compared with the situation before that we hardly rested from patronage,” Oderinu said.

Mallam Abdullah Zayanu, who sells vegetables at Yoruba road market, said suppliers attributed the high cost to inability to assess their farms due to insecurity.

Osogbo residents also joined their counterparts across the country in expressing their worries at the increasing cost of food items, especially with the approach of the yuletide.

For instance, the cost of a bag of rice is between N36,000 and N40,000, depending on preference.

According to Alhaja Abebi Ajisefini, a rice seller in Alekuwodo market, the price of a bag of Nigerian rice is N39,000.

Similarly, Mrs. Adebisi Ayoade, another rice seller in Igbonna market, said foreign rice sold for between N37,000 and N40,000.

Mr. Awolola Babtunde, a civil servant, said his salary could hardly sustain him and his family on monthly basis.

“Now, we have to reduce or remove some food items from what we buy, so as to be able to manage till the end of the month.

“We are in the month of November and Christmas is fast approaching when prices of most food items will double or triple. I just don’t know how a common man will survive with this kind of a situation,” he said.

Also, Mrs. Rachel Akanni, a trader, says that as long as the naira keeps losing its value, inflation will continue to increase.

Akanni said it was becoming more difficult to adjust to the rising prices of food commodities and other items, as the salary earned was too meager to cover living expenses.

“Imagine the situation where salary is not increasing and every other thing/item is increasing in price; definitely, living conditions will be drastically affected.

“Lots of people have had to substitute rice with some other food commodities because it is way beyond what they can afford with their salaries; same goes for vegetable oil.

“I just pray there will be an economic turnaround that will ease the cost of living for Nigerians,” she said.

Meanwhile, in Akure, Mrs. Christiana Joshua, a rice seller in Shasha Market, said that a 50kg bag of Nigerian rice was N28,000 before it recently jumped to N39,000, while foreign rice, of the same quantity, which was N32, 000, had jumped to N49,000.

She said that rumour had it that politicians had purchased large quantities of rice to be used for the 2023 general elections.

This, she said, had created artificial scarcity, thus causing a huge demand for the product and pushing the price up.

According to her, there is every possibility for the price of the product to further increase during the Christmas period, since it is a festive season.

Joshua advised governments at all levels to ensure giving Nigerians access to affordable food, noting that the situation, if allowed to continue unchecked, could cause many to starve.

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Economy

YULETIDE Decorations: LASG To Divert Traffic At Ajose Adeogun

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YULETIDE Decorations,: LASG To Divert Traffic At Ajose Adeogun

The Lagos State Government will divert Traffic, away from a section of Ajose Adeogun Street in Victoria Island, for the mounting of end-of-the-year decoration, for a duration of three weekends starting from Saturday 19th October 2024.

The aforementioned exercise, according to Commissioner for Transportation, Oluwaseun Osiyemi,  will be carried out in three phases with each phase focusing on different sections of the street. 

To this end, the following alternative routes have been mapped out for motorists during the cause of the mounting; 

 During the First Phase which will cover Jubril Martins to Chicken Republic – (Saturday, 19th and Sunday, 20th October 2024)

Traffic inward Eko-Hotel Roundabout will be diverted to the other half (existing section) of Ajose Adeogun Street by VCP Hotel to form contra-flow traffic and exit at Eko-Hotel Roundabout to continue journeys.

Alternatively, Traffic inward to Eko-Hotel Roundabout from VCP Hotel will be diverted through Jubril Martins into Muri Okunola to link Patience Coker and access Ajose Adeogun Street to connect destinations.

During the Second Phase which will cover Molade Okoya Thomas to Mounis Bashorun section – (Saturday, 26th and Sunday, 27th October 2024). 

Traffic inward Ajose Adeogun Street from Eko-Hotel Roundabout will be diverted to a right turn into Molade Okoya Thomas to link Younis Bashorun to access Ajose Adeogun Street to continue journeys. 

During the Third phase of the project spanning 10 meters inward Ajose Adeogun (Saturday, 2nd November, 2024).

Motorists from Adetokunbo Ademola Street will maintain a lane movement for about 10 metres into Ajose Adeogun Street to connect their destinations, while Motorists inward Eko-Hotel Roundabout on Ajose Adeogun Street will maintain a lane movement for about 10 metres into Eko-Hotel Roundabout.

The Lagos State Commissioner for Transportation, Mr Oluwaseun Osiyemi while imploring Motorists to note the ease of movement plan assured that the State’s Traffic Management Authority will be on ground to manage vehicular activities along the corridor to minimise inconveniences.

The Commissioner therefore advised Motorists to be patient, as the Partial closure is part of the traffic management plans for the commencement of End of Year Decoration of Ajose Adeogun Street, Victoria Island, Lagos, by Zenith Bank PLC.

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Economy

NLC Kicks, Says Petrol Hike Will Further Deepen Poverty, Job Loss

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NLC kicks, Says Petrol Hike Will Further Deepen Poverty, Jobs Lost

The Nigeria Labour Congress (NLC) has kicked against the current petrol price hike, stressing that the latest increase in the pump price of petrol will further deepen poverty as production capacities dip.

The Congress added that the increase would lead to more job loss with multidimensional negative effects, and therefore, demanded its immediate reversal.

NLC’s position is contained in a statement signed by its President, Mr Joe Ajaero on Wednesday in Abuja, titled, “What next after increase in pump price?”.

The labour leader said the previous increases had not produced any good results, rather, people only got poorer.

He said the Congress was dismayed by the latest increase in the pump price of petrol without commensurate capacity of Nigerians or mitigatory measures.

“Even following the logic of market forces, we find it an aberration that a private company (NNPCL) is the one fixing prices and projecting itself as a hegemonic monopoly.

“We challenge the government to go to the drawing board and present us with a blueprint for inclusive economic growth and national development instead of this spasmodic ad hocism and palliative policy.

“It needs no stating the fact that the latest wave of increase has grossly altered the calculations of Nigerians once again at a time they were reluctantly coming to terms with their new realities,” he said.

It would be recalled that the Nigerian National Petroleum Company Limited (NNPCL) had raised the pump price of petrol by 14.8 per cent to N1,030 per litre from N897 across its retail outlets in the FCT.

Earlier in September, the NNPCL had increased the price of the product from N615 to N897.

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Economy

LASG Signs Mou For Green Line Mass Transit

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LASG Signs Mou For Green Line Mass Transit

…Assures that rail transit will seriously improve commuting within the metropolis

The Lagos State Government has signed a Memorandum of Understanding for the Green Line Rail Mass Transit Project which is to span the expanse of Lekki corridor within the state.

The Commissioner for Transportation, Mr. Oluwaseun Osiyemi highlighted this, in response to questions raised by the Lagos State House of Assembly Committee on Transportation, led by Hon. Temitope Adewale, the Chairman during a courtesy visit of the committee to the ministry.

The Transport Commissioner stated that the addition of the Green Line to the existing Blue Line which has transported over 2 million passengers since its inception and the Red Line which will convey 750,000 passengers daily at its kick-off, will significantly improve commuting within the state. He also said that the plan for the second phase of the Blue Line, Mile 2 to Okokomaiko is underway.

Mr. Osiyemi also disclosed that the Ministry was currently working on creating 2 Interchanges to ensure the interconnectivity of the modes especially in areas where all of the available modes exist (Road, Water and Rail), adding that the interconnectivity of the modes was deliberate to ensure that there is no lacuna in the implementations of these plans.

Speaking on the areas of concern raised about the Lekki-Epe Corridor and the impact of the refinery along the axis, the Commissioner elaborated on the modality of the E-call Up System.

He explained that 7 trailer parks are available to prevent trucks from loitering on the corridor as well as an RFID which will ensure compliance with the e-call-up system as it will expose any truck not scheduled to be at the port or parks.

He also revealed that plans are also underway to ensure containers are moved via water on barges in ten’s to further reduce the congestion on the corridor.

In affirmation, the Permanent Secretary, Mr. Olawale Musa explained that the number one hindrance to fully digitised enforcement is the lack of data.

He decried that many motorists especially commercial vehicles submit incorrect data to the Government due to the use of agents to procure vital vehicular and driver documentation hence the continued use of physical enforcement. 

He further stated that the Ministry has prioritized training of its enforcement and traffic management officers to ensure that they deliver on providing sanity on Lagos roads.

The Chairman House Committee on Transportation, Hon. Temitope Adewale applauded the Ministry for living up to its responsibility as the first on the THEMES+ Agenda, he enjoined the Ministry to provide a project status report to enable the House of Assembly to monitor and stay abreast of the plans of the ministry and as well support the projects in line with their functions as representatives of the people.

Expatiating on the development, the Deputy Director Public Affairs, Bolanle Ogunlola (Mrs.) noted the presence of other members, which included Hons. Afinni Olanrewaju, Slyvester Ogunkelu, Olootu Emmanuel and Kazeem. O, alongside other Officers from the Lagos State House of Assembly, as well as the Management of the Ministry of Transportation.

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