As the Christmas season approaches, many Nigerians are preparing for a potential surge in the prices of essential food items such as rice, beans, tomatoes, and other staples.
Projections indicate that the festive season may trigger widespread panic buying and bulk purchases, a trend often seen during this period.
Traders at popular markets across the country have expressed concerns about the anticipated price hikes, which they attribute to increased demand and potential supply chain disruptions.
As the holidays approach, the government and stakeholders are being called upon to monitor market activities and address any unfair pricing practices to ensure food remains accessible for all Nigerians.
Here is the price of major food commodities this week:
Price Of Bag Of Rice
My Choice Bag of Rice – ₦96,000
Bag of Mama’s Pride Rice – ₦95,000
Khemji Bag of Rice – ₦103,000
25kg Bag of Rice – ₦47,500
Price Of Bag Of Beans
Sweet Pure Butter Beans 50kg – ₦160,000
Soyabeans Very Dried – ₦130,000
Peleed Beans for Moi Moi 20kg – ₦80,000
Neat and Picked Pure Oloyin Sweet Beans 2.5kg – ₦8,500
Price Of Bag Of Garri
Bag Of Garri 50kg – ₦55,000
100 kg Bag of Garri – ₦100,000
Tomatoes
Fresh derica tomatoes Big basket – ₦180,000
Medium basket – ₦95,000
Small basket – ₦40,000
Royal Sun Plum Tomatoes By 24 Cans – ₦32,000
Price Of Spaghetti
Golden Penny Spaghetti (500g × 20) cartoon – ₦28,000
Price Of Palm Oil
5 litre gallon – ₦ 7,500
25 litre gallon – ₦ 55,ooo
