Price of palm oil, beans, rice surge in Lagos markets despite reopening of land borders
The price of local rice, palm oil, brown beans, and bread amongst other staple food items surged across Lagos Markets.
The price of local rice, palm oil, brown beans, and bread amongst other staple food items surged across Lagos Markets.
Though food prices have been on the rise globally, the factors behind the country’s increasing food prices are peculiar.
The prices of major staple food items have dropped in Lagos Markets compared to the prices recorded during the Christmas ...
The prices of major staple food items surged to record high across major markets in Lagos State. Notably, the price ...
President Muhammadu Buhari has assured Nigerians that he will crash rising food prices in the country, as he directed key ...
Nigeria's inflation rate for the month of July 2021, dropped further to 17.38% compared to 17.75% recorded in June 2021. ...
Nigeria is facing a more fundamental supply shock, which alongside the rising transport costs is likely to drive higher food prices.
Sellers attribute the decrease in the price of tomatoes to a glut in supply.
A combination of weaker farming activity, Naira weakness and covid-19 lockdowns are behind the uptrend in food inflation.
The report contains information on items that witnessed price increase, price decrease, as well as insights.
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