• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, September 19, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

FCT residents lament as foodstuffs prices continue to soar

Prices

The Matters Press by The Matters Press
August 27, 2023
Reading Time: 2 mins read
0
World Bank warns of economic slump if SSA doesn’t cut trade costs

Abuja, Aug. 27, 2023: Prices of food items have continued to rise in Abuja, amidst fuel subsidy removal, leaving residents groaning under intense hardships.
A market survey conducted by the News Agency of Nigeria (NAN) on Sunday revealed that Abuja residents lamented the constant increased of foodstuffs in the last two months.

RELATED POSTS

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

Think Tank ‎projects 17% inflation rate by year-end, urges CBN to ease benchmark rate ‎

‎GROUP LAUDS INSURANCE SCHEME FOR RETIREES IN NIGERIA. ‎

Mrs Happiness Benjamin, a civil servant, said she has adopted a method of eating twice a day in her house due to the current economic situation.

“We eat mostly twice a day this period because of the high cost of foodstuffs,” she noted

According to Mr Ikechukwu Eze, a trader at Dutse market, transportation is the major cause of constant increase in the price of foodstuffs.

”We spend a lot of money on transportation to bring goods from various state to sell.

“Before now, a bag of white garri was sold for 17, 000 but now it is sold for between N24,000 to N25, 000.

”While a Mudu of white garri is sold for between N500 and N600 and red garri is sold for N700 as against N300 to N350 for white garri and N500 for red,” Ikechukwu said.

Another trader in Dutse market, Rose Bayo, said a bag of local rice currently goes for between N45, 000 to N46,000, while foreign rice goes for N50,000 as against N35,000 and N44,000 sold respectively.

” We currently sell a mudu of local rice for between N1,350 to N1,400 while the foreign rice is sold for between N1,700 to N1,800 as against N900 and N1,500 July,” she said.

Bayo said the high price of foodstuffs was not only affecting the buyers but also traders.

Another trader at Bwari market, Musa Ibrahim said that a bag of beans currently sold for N65,000 as against the previous price of N49,000.

“We sell mudu of beans for N900 as against the previous price of N700,” he said.

Tags: foodPrices
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

2023 maritime, shipping outlook force experts to call for aid
Economy/Technology

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

September 17, 2025
NBS reports increase in Inflation
Economy/Technology

Think Tank ‎projects 17% inflation rate by year-end, urges CBN to ease benchmark rate ‎

September 17, 2025
Old pension scheme beneficiaries get a boost in entitlements
Economy/Technology

‎GROUP LAUDS INSURANCE SCHEME FOR RETIREES IN NIGERIA. ‎

September 14, 2025
Nigerians to own brand new vehicles, goods through new credit scheme initiative
Economy/Technology

‎Tinubu never abandoned the North, TMSG insists

September 12, 2025
Trading in Nigerian stock market dips further N83bn
Economy/Technology

Tinubu’s pro-business model triggers surge in capital market – TMSG

September 10, 2025
Tinubu commits to economic reforms as Nigeria marks democracy day
Economy/Technology

‎Tinubu’s achievements daze gov., opposition leaders

September 10, 2025
Next Post
Old pension scheme beneficiaries get a boost in entitlements

Pensioners worst hit by fuel subsidy removal – NUP

Non-remittance of third party deduction by IPPIS worries agencies

Non-remittance of third party deduction by IPPIS worries agencies

Recommended Stories

Trading in Nigerian stock market dips further N83bn

Equity market down by N125bn as sell-offs persist

August 9, 2022
Nissan recalls 1,150,000 vehicles in 3 months

CNG vehicle economical, affordable – Oyebanji

August 27, 2023
Nigeria emerges Africa biggest energy sector

Nigeria requires $410bn to achieve energy transitional plan by 2060

November 26, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Leap in non-oil exports gain of Nigeria:s economic diversification ‎
  • Think Tank ‎projects 17% inflation rate by year-end, urges CBN to ease benchmark rate ‎
  • ‎GROUP LAUDS INSURANCE SCHEME FOR RETIREES IN NIGERIA. ‎

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us