DAILY POST
Nigerian Muslims faithful joined their counterparts all over the world to celebrate Eid-El-Kabir.
The celebration came amid worsening economic hardship and rising food inflation.
Findings by DAILY POST revealed that some Muslim faithful celebrated the festive season on a low key due to the increasing inflation that has caused a hike in the prices of food items and transportation fares.
DAILY POST reports that the rising inflation that peaked at 33.95 per cent in the month of May caused prices to continually increase daily.
According to the Nigeria Bureau of Statistics, NBS, food inflation in Nigeria is above 40%, making it extra difficult for many to purchase food items.
During a visit to some markets at the outskirts of the Federal Capital Territory, FCT, Abuja, DAILY POST found that the prices of items have continued to rise.
Some consumers, who spoke to DAILY POST, said regardless of the appreciation of the Naira against the dollar, the prices of foodstuffs were still exorbitant for the common man.
A dealer in pepper and tomatoes, who gave his name simply as Dauda in Mararaba Market, told DAILY POST that a basket of tomatoes sold as high as N200,000, adding that in April, the same basket was sold for N40,000 or even less.
“Most people can’t afford these things anymore,” he admitted.
“Smaller baskets and mini buckets of the perishable item were sold from N10,000 to N15,000, respectively,” he further lamented.
At ram selling points in the same Mararaba, DAILY POST gathered that an average-sized ram was sold above N80,000, with some going for as high as a negotiable price of N500, 000.
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