
The prices of tomatoes,
rice and garri, which went up at the turn of the season, have yet to
come down in most markets in Lagos metropolis, the News Agency of
Nigeria (NAN) reports.
Tomatoes market
The survey, which was carried out at Mile 12, Whitesand and Iddo markets
in Lagos on Friday, revealed that the high price was mainly due to off
season effects.
The survey revealed that a basket of tomatoes which previously cost N26,
000 was being sold for between N28, 000 and N40, 000, depending on the
size and quality.
It also showed that a bag of rice cost between N13, 000 and N15, 000,
depending on the brand while a paint tin measure of garri increased to
N550 from N400.
The bag price of tatashe and rodo, both brands of pepper, rose from
N13,000 to N13, 500 although, onions decreased from N12, 000 to N10,
000.
A bag of beans remained at N18,000, a bag of maize increased from
N10,000 to N11,000 while a paint tin measure of wheat reduced from
N1,100 to N1,000.
Mr Femi Odusanya, spokesman for Mile 12 Market Traders Association,
attributed the price increase to off-season effects and partly to the
lingering fuel scarcity in the country.
He said the off season effect was only worsened by the lingering fuel
scarcity, as the number of trucks that supplied tomatoes to the market
had reduced.
“This is responsible for the tomato scarcity that consumers have been
complaining about even before the increase in the pump price of petrol,”
Odusanya said.
He further clarified that the current prices were not as a result of the
review in the pump price of petrol, as evident in the prices prior to
the increase.
Read more at: http://www.vanguardngr.com/2016/05/prices-of-tomatoes-garri-rice-remain-high-in-lagos/
The prices of tomatoes,
rice and garri, which went up at the turn of the season, have yet to
come down in most markets in Lagos metropolis, the News Agency of
Nigeria (NAN) reports.
Tomatoes market
The survey, which was carried out at Mile 12, Whitesand and Iddo markets
in Lagos on Friday, revealed that the high price was mainly due to off
season effects.
The survey revealed that a basket of tomatoes which previously cost N26,
000 was being sold for between N28, 000 and N40, 000, depending on the
size and quality.
It also showed that a bag of rice cost between N13, 000 and N15, 000,
depending on the brand while a paint tin measure of garri increased to
N550 from N400.
The bag price of tatashe and rodo, both brands of pepper, rose from
N13,000 to N13, 500 although, onions decreased from N12, 000 to N10,
000.
A bag of beans remained at N18,000, a bag of maize increased from
N10,000 to N11,000 while a paint tin measure of wheat reduced from
N1,100 to N1,000.
Mr Femi Odusanya, spokesman for Mile 12 Market Traders Association,
attributed the price increase to off-season effects and partly to the
lingering fuel scarcity in the country.
He said the off season effect was only worsened by the lingering fuel
scarcity, as the number of trucks that supplied tomatoes to the market
had reduced.
“This is responsible for the tomato scarcity that consumers have been
complaining about even before the increase in the pump price of petrol,”
Odusanya said.
He further clarified that the current prices were not as a result of the
review in the pump price of petrol, as evident in the prices prior to
the increase.
Read more at: http://www.vanguardngr.com/2016/05/prices-of-tomatoes-garri-rice-remain-high-in-lagos/