Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Increases in prices of foodstuffs in Lafia

21 December 2012, 14:03

Lafia - Prices of foodstuffs have increased in Lafia market, in Nasarawa State due to high demand ahead of Christmas celebration.

A market survey by the News Agency of Nigeria (NAN) shows that a 50 kg Thai parboiled rice now sell for between N9,200 and N9 500 as against 8,750 sold at the beginning of the month.

A bag of 25 kg of Thai parboiled rice which was previously sold for between N3 700 and N3 800 now sells for between N4 500 and N5 000.

Mr Ejike Odoh, a rice dealer in Lafia market, told NAN on Friday that the increase was caused by high transport fare as well as the increase in demand.

He said: "Sellers do not just increase the prices of goods like that, the problem is that  there is increase in transport fares in conveying these good from either Abuja or Lagos to the state."

"For us to cover the unit cost of these goods, including the transport fares, we have to increase the prices of the products also."

Mr Aloysius Eze, a vegetable oil dealer in Doma road of Lafia, said that 18 litres of Sous vegetable oil which was previously sold at between N4 500 and N4 650 now cost between N4 800 and N5 000.

He, however, said the price of turkey oil did not increase and attributed the stable price to high quantity of old stock.

The prices of onions and tomatoes have also increase as Alhaji Usman Sale, an onion dealer, said a bag of onion, which was sold for N6 000 now attracts N35 000 in the market.

He attributed the increase to high transport fares and security crisis in onion producing states, including Bauchi, and Borno.

Mr Abdullahi Dan'Asabe and Adamu Abdullahi, dealers in tomatoes said that a basket of tomatoes was sold at N4 500 and N5 000 as against N1 500 and N1 800 in November.



Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...