Nigerians groan over rising prices of garri, rice, beans, others

TRIBUNE

THERE are growing indications that Nigerians now find it difficult to survive following the persistent rise in the cost of foodstuffs and staple foods, Sunday Tribune has learnt.

Sunday Tribune investigation also found out that concerns have continued to mount nationwide as many traders are now struggling to continue to stay afloat following the high cost of living amid the rising prices of foodstuff.

Just this week, the prices of foodstuffs ranging from staples to provisions have increased by 15 to 25 percent. A 50kg bag of small grain polished rice formerly sold between N52,000 and N54,000 in the first week of January is now sold for between N59,000 and N60,000.

At the Oko Oba market in Lagos, a paint bucket of beans has increased from N3,200 to N3,800 within two weeks, while garri is currently sold at N1,800 per paint bucket as against N1,000 it was sold in early January. A pack of spaghetti has added N1,000, from N12,200 to N13,300 in the space of two weeks.

One of the retailers who patronise the market, Fadekemi Akinbami, complained that as of Friday, she had to leave the market without buying anything because of the hike in prices of foodstuffs, which is far above her budget.

She noted that the measured powdered milk she usually buys at N4,500 per paint bucket was sold at N7,000, an increase that was way above her budget.

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