Business
Prices Of Foodstuff In Nigeria 2022 – Latest Market Update
Again, Naija News welcome you to this week’s episode on Prices Of Foodstuff In Nigeria 2022.
- More markets are closing down in some parts of the North
- Prices of foodstuff are affected daily as traders could no longer travel freely for fear of attack
- Cost of transportation is making things even worst
Naija News can confidently say that market day is no longer what it used to be like in the Northern part of Nigeria.
Activities of bandit terrorists as we have noted in our previous report is drastically affecting trading in most parts of the region.
This week, at our target market, only a few traders were sighted on the ground ready for transactions, though with fear still.
Many markets have remained shut down and a few of them that are operative records low patronage as a result of insecurity.
In Niger State where our target market is located, Boko Haram terrorists have made the villages their place of abode and hence became a threat to local traders.
Recently a bomb explosion was reported in Galadim Koro, in the Shiroro Local Government Area of the State.
The inability of locals to transport goods to the major markets is drastically affecting prices of foodstuff in the region, Naija News understands.
Another disturbing factor that is observed to be affecting trades in the area is the cost of transportation, resulting from the recent fuel scarcity across the country.
A practical example of scantiness witnessed in major markets in the area is seen in the images below.
A view of a popular market, Sabon Rijiya last week market day
A view of a same market this week’s market day due to fear of bandits
Let’s quickly to the breakdown of this week’s Foodstuff price in Nigeria – Update from Manigi Market, Mashegu Local Government Area of Niger State, Nigeria.
Guinea Corn – ₦20,000- 22,000
Millet – ₦20,000
Maize – ₦21,500
Red beans – ₦43,000 – 44,000
White beans – ₦40,000
Egusi – ₦19,000 [A drop in price was recorded on this]
Soya beans – ₦34,000
Groundnut – ₦11,000 – ₦12,000
Charcoal bag – ₦1,200
Local rice – ₦21,000 [Local rice has maintained a status quo]
Create of egg: – ₦2000
Petrol: – ₦230 [Petrol price hike is becoming disturbing]
Note: The above price list is determined by the quality of the grain and the size of bag used in packing it.
This is all we have for you for the week, however, kindly stick to Naija News as we update you on other foodstuffs from different parts of Nigeria.
Remember: Food is a requirement, not a desire. Every living creature is dependent on food to survive.
However, traders and residents of the state are calling on the state government to take decisive action on curbing banditry and other terrorist acts in the state.
