Prices of essential food items have gone up by at least 30 per cent between December and April in at least eight states, according to surveys by our correspondents.

The development has made consumers groan, saying the hikes in the prices of goods have affected their budgets.

Prices of food items have continued to soar across the country despite the recent rebound of the naira.

This came as President Bola Tinubu recently vowed to ensure a rebound of the local currency reflected in the prices of commodities.

 As a follow-up to the President’s decision, operatives of the Federal Competition and Consumer Protection Commission last week raided some Abuja supermarkets over unfair pricing, vowing to extend the clampdown to other states.

However, the latest findings by newsmen showed that the prices of basic food items like beans, and garri had risen by at least 30 per cent.

The surveys were conducted in Lagos, Ogun, Gombe, Kwara, Sokoto, Ekiti, Osun and Niger states.

In the past few months, the prices of major food items have continued to rise, especially after Tinubu removed the petrol subsidy and devalued the naira.

As of Wednesday, findings showed that the prices of beans, Garri and other food items remained high despite the naira appreciation.

Leave a Comment