NEWSMEN survey, which was also cross-checked with those of Abuja Markets Management Limited (AMML) indicates that the most sought- after food items such as rice, tomatoes, vegetable oil, onions and beans witnessed increase in their prices.
At Wuse market, a bag of 50 kilogramme rice which sold for N9,200 as at last week, now sells at N9,700; a basket of tomatoes which hitherto goes for N800 has now increased to N1,000; the same goes for a basket of onion, which sold at N700 now goes for N1,000.
It was also gathered that a bowl of beans sold at N400 in the market has risen to N550 as a result of the festive period, and another staple foods; Semovita and ground nut oil were not left out as their prices increased from N1,600 to N1,850 and from 1450 to N1,600 respectively.
The story was not any different in Garki Model Market even though it was known for its relatively cheaper rates of food items, showed an increase in all commodities selected. For instance, a kilo of beef that normally sold for N1,000 had increased to by N100.
Also, live chickens, which earlier were sold between N1,500 and N2,500 depending on their sizes; currently goes for between N2,000 and N3,000.
Providing an explanation to this rise in price, a trader at Garki Model Market, Mallam Isyaku Sanusi, said it was caused by the cost of transportation which has to be built into the price.
Another trader, Mrs. Adanma Agbo, said it was normal at every festival such as the Sallah for prices of certain commodities to go up.
“Since I have been in this business, once it is sallah or Christmas or any other festival for that matter, prices of goods have always gone up. I think it is because more people are willing to make purchase forcing prices to go up,” Agbo reasoned.
Meanwhile, the prices of meat differs, depending on the size; a big ram goes for about N80,000 while a big cow is now sold for N190,000 as against the original price of N160,000.
“Chicken has also increased in price especially the local ones which was formally sold for N1,500 is now been sold for N1,850 while agric chickens (hybrid) are sold for N1,100 and above,” a resident said.
Meanwhile, NEWSMEN could not confirm if the astronomical rise in the prices of tomatoes and onions amongst others are in anyway also connected with the recent flood that ravaged food crops and farm lands in most parts of the North.
NEWSMEN survey, which was also cross-checked with those of Abuja Markets Management Limited (AMML) indicates that the most sought- after food items such as rice, tomatoes, vegetable oil, onions and beans witnessed increase in their prices.
It was also gathered that a bowl of beans sold at N400 in the market has risen to N550 as a result of the festive period, and another staple foods; Semovita and ground nut oil were not left out as their prices increased from N1,600 to N1,850 and from 1450 to N1,600 respectively.
Also, live chickens, which earlier were sold between N1,500 and N2,500 depending on their sizes; currently goes for between N2,000 and N3,000.
Providing an explanation to this rise in price, a trader at Garki Model Market, Mallam Isyaku Sanusi, said it was caused by the cost of transportation which has to be built into the price.
“Since I have been in this business, once it is sallah or Christmas or any other festival for that matter, prices of goods have always gone up. I think it is because more people are willing to make purchase forcing prices to go up,” Agbo reasoned.
Meanwhile, the prices of meat differs, depending on the size; a big ram goes for about N80,000 while a big cow is now sold for N190,000 as against the original price of N160,000.
Meanwhile, NEWSMEN could not confirm if the astronomical rise in the prices of tomatoes and onions amongst others are in anyway also connected with the recent flood that ravaged food crops and farm lands in most parts of the North.