Prices of tomatoes, pepper and chilli pepper on Friday soared by over 70 per cent in most markets in Lagos, according to a survey by Correspondent reports.
The survey showed that a big basket of tomatoes which previously sold for N10, 000 at the Mile 12, Iddo and Whitesand markets now sells for N17, 000.
A medium-sized basket of fresh pepper now sells for N12, 000.00, from N7,000, while a basket of chili pepper goes for N14, 000.00, as against the N6,500.00 it sold for in the preceding weeks.
A jute bag of onions goes for N14, 500.00 from N12, 000.00, while a 20-litre keg of vegetable oil goes for N9, 100 as against N7, 000 previously. A four-litre paint measurement of garri still sells for N500.
At the Daleko Market, Isolo, the prices of the various brands of a 50-kilogramme bag of rice ranges from N11, 000 to N13,000. A 120 kilogramme bag of beans costs N25, 500.00, from the N22, 000 it sold for in the preceding weeks.
The traders attributed the high cost of transportation to the lingering fuel scarcity and the rainy season, as reasons for the increase in the prices of food items.
Mr Anthony Odusote, a beans seller, attributed the increase in the price of beans to the ongoing planting season. Farmers are not harvesting but planting now, and that is the reason why beans prices keep increasing in the market, Odusote said.
Mr.Tunde Shosanya, a trader at the Sunday Market, Ogba told Newsherald that fuel scarcity had affected the movement and prices of goods to the Lagos market.
“The numbers of trucks that bring goods to the market have dropped drastically.
“We only now get eight or ten trucks from the 40 trucks that usually bring goods to the market daily because there is no fuel to transport the goods to Lagos.
“The differential is the cost of transportation and the off season reflected in the prices of the food items,” he said.
“Besides, this is off season for perishable food items, as only a few farmers have food items in their farms to sell.
“Tomatoes from the southwest geopolitical zone of the country and Port Novo in Benin Republic are the ones in the market.”
Alhaji Bakare Tajudeen, a trade in Mile 12, urged Lagosians to bear with the traders, adding that the prices of yam would reduce when new yams come in July.
“Before, we pay N5,000 to transport 100 tubers of yams from Abuja to Lagos, but now, due to fuel scarcity, we spend N10,000 to transport the same quantity.
“The demand for yams in Lagos is more than what is presently supplied to the market. “Before, ten trucks with yams offload daily at the market, but now we just have three trucks. This is another factor that is responsible for the high cost of yams,” Bakare added.