Market Survey: Prices of local rice, tomatoes drop in Enugu

Barely five days to Christmas, prices of foodstuff, particularly local rice and tomatoes, have dropped slightly in major markets in the Enugu metropolis, NAN reports.
A survey conducted by NAN on Saturday showed that the prices of stoned and de-stoned local rice and tomatoes dropped when compared with October prices.
A 50-kilogramme bag of de-stoned local rice sells between N24,000 and N26,000 as against N26,500 and N28,000, depending on the brand sold two months ago.
Also, a 25 kilogramme bag is sold at between N12,000 and N13, 500 as against N14,000 and N15,000 in October.
A rice dealer at Ogbete Main Market, Joe Maduka, attributed the slight fall in prices to the increased number of stored local rice brought into the market by both rice farmers and wholesalers.
Another rice dealer at Garki Market, Chinwe Okwu, said that patronage had been massive on local rice as many residents could hardly afford foreign rice due to its high cost.
“Many rice dealers, especially farmers flooded the market with rice, so we are forced to reduce the prices,” Mrs. Okwu said.
Uche Ojo, a rice dealer at Kenyatta Market, said although the prices of local rice dropped, the price of foreign rice had continued to soar.
“A 50kg bag of rice is now sold for between N38,500 and N41,000 as against N37,000 and N39,000 in October.
“While 25kg of foreign rice is now sold for between N18, 500 and N19,500 as against N18, 000 and N19, 000,” Mr. Ojo said.
Meanwhile, the survey also revealed that prices of tomatoes had reduced when compared with what they were in October.
The price of a big basket of UTC tomatoes now sells between N14,000 and N15,500, as it is gradually flooding the markets.
A small basket of Gboko tomatoes, which comes from Benue State, costs between N9,000 and N10,000.
Ife Ogadi, a tomatoes seller at Garki Market, attributed the drop in the prices of tomatoes to the harvest season.
However, the prices of chicken have soared across the state as a middle-sized goes for between N3,000 and N3,800 while the big-sized goes for between N5,000 and N6,800.
A chicken seller, at Garki Market, Udoka Ude, attributed the price increase to the high cost of chicken feeds in the country.
The survey also showed that prices of cooking oil have increased in some markets.
Louisa Ossai, who deals in cooking oil, said that a five litre of groundnut oil is sold for between N4, 300 and N4, 500 as against N3, 800 and N4, 000 depending on the brand.
Mrs. Ossai added that a 70-litre bottle of red oil goes for between N550 and N600 as against between N350 and N400 two months ago.
Chioma Akuchi, who sells red oil, said that 20 litres of red oil now go for N22,000 as against N14,000 in October.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Africa
FJN mourns veteran journalist Veronica Gordon killed in ambush
Ms Gordon was a South Sudanese broadcast journalist and human rights activist.

Heading 5
NDC knocks Wike for calling Obi “lawless” over old national anthem rendition at party event
The minister said a leader who disregards national symbols, including the national anthem, cannot be trusted with the presidency.

Hot news Home top
2027: Tinubu warns politicians against political thuggery, violence
The president said violence has no place in Nigeria’s political process.

Anti-Corruption
Kwara court jails two for illegal mining
The convicts were sentenced after pleading guilty to the charges.

Abuja
Worshippers, passersby stone Tinubu’s convoy at Abuja mosque, chant ‘Bamayi’
Security guards were also seen dispersing the worshippers and passersby who stoned Mr Tinubu’s convoy.

Economy
Economist urges FG to tackle port delays
He described Nigeria’s maritime challenge as a failure to convert its vast potential into economic gains.





