BUY RIGHT…: Updates from Nigerian markets… Almighty Rice hits 21k per bag!
I went to the market yesterday, just to see with my ‘korokoro’ eyes if all I hear about food prices are true. My friends, fear catch me o! Where are we heading to?
Garri the hitherto common man’s go-to food is now expensive – from 400naira to 800naira (Paint plastic).
Elubo (Yam flour) is now 6,000 per tin.
Onions now sell at double the price.(Between 2.500 and 3,500) for the big ones.
Almighty Rice is now between (17,000-21,000) per bag! Depending on the brand.
Ordinary bread now costs 20% more!
Where are we going? And we must eat. There is no alternative to food. You can’t even touch yam, “thousand-thousand” is all we hear. If the imported food stuff is expensive why must we pay through the nose to buy the locally produced? The cost of the dry corn used in making ‘ogi’ (pap) has increased from 450 to 800-900. The price of the Dangote sugar (small, granulated) has increased from 50naira to 100naira.
Well, the prices of Ugwu, Okro and Ewedu have remained the same. But na only leaves we go chop?
Never in the history of our country have we had it so bad!
From now on, we will be monitoring the market prices, the different varieties of products and brands and if possible where to get at affordable prices.
All the best…from Agbeke