Friday 28 July 2017

Food prices remain high, despite harvests, in Lagos


The prices of staple foods in markets around Lagos metropolis are still high in spite of the fact that majority of the products are within their harvesting period.

A visit to some major markets in the metropolis, showed that a bag of potatoes, cocoyam and maize sell for N8,000 each respectively.

The least retail prices for about four or five tubers of each item sells for N200 depending on the sizes.

At Iddo market in Mainland Local government, a bag of beans sells for N48,000 and N49, 000 while a paint bucket sells for N1,300 and N1,350 and derica cup, N350 and N360 respectively.

A 50kg bag of rice at Iddo market sells for between N15,000 and N15,500.While a bag of garri goes for N22,000, paint bucket N900 and N1,100.

UCJ, UNILORIN.

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