Indomie jumps from N8,500 to N18,000; groundnut oil N7,000 to N11,000; bag of Irish potatoes N25,000 to N40,000

A market survey by Peoples Gazette at Mararaba, an Abuja satellite town in Nasarawa State, shows that Indomie, groundnut oil and Irish potatoes prices have increased by over 100 per cent in recent weeks.
Indomie Super pack, a popular noodles, sold for N8,500 earlier in the year, has hit N18, 000, increasing by over 100 per cent. Small pack of Indomie which sold for N5,000 now sells for N11,000.
A five litres of groundnut oil formerly sold for N7,000 now sells for N11,000.
In Jos, where Irish Potatoes is cultivated, a bag of Irish Potatoes which earlier cost N25,000 now sells for N40,000.
Two past market surveys conducted by The Gazette in February showed that prices of food items have increased by over 100 per cent since Mr Tinubu assumed office last year.
In the past weeks, protests over hunger and spiking prices have erupted in Niger, Osun, Ibadan and Lagos states as Nigerians urged the government to ameliorate their sufferings.
Mr Tinubu, in response to public outcry on the rising cost of food driven by skyrocketing inflation in the country, had directed the Ministry of Agriculture and Food Security to release about 42,000 metric tonnes of grain, including maize, millet and garri.
He also charged the National Security Adviser, Nuhu Ribadu, State Security Service and Nigerian police to go after food hoarders.
The Nigeria Customs Service also distributed confiscated food items to Nigerians to ameliorate hunger in the country until a stampede during rice distribution led to the death of six in Lagos and stoppage of the exercise.
However, on Sunday in Abuja, a government owned warehouse was raided and food items looted by residents, while in Suleja, Niger State, Zaria in Kaduna State, trucks carrying food stuffs have need attacked and looted.
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

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.”

Economy
Cassava can become Nigeria’s crude oil, agriculture expert says
“Our cassava is our crude oil. Just as crude oil transformed the fortunes of nations, cassava can transform the fortunes of our people,” Mr Apeh said.

Heading 1
Kwankwaso loyalists dump NDC, defect to APC in Kano
Some allies of the NDC vice-presidential candidate Rabiu Kwankwaso defected to the APC in Kano State on Saturday.

Heading 2
Contractors urge FG to clear unpaid debts
Mr Nwosu appealed to the federal government to prioritise payment of verified debts owed to indigenous contractors to ease their financial difficulties.

Sport
Shooting Stars beat Tunisia’s CS Sfaxien 1-0 in CAF Confederation Cup
Lucky Emmanuel scored the decisive goal in the 25th minute to give the Nigerian side a deserved lead before the break.

States
Gov Abiodun seeks stronger Ogun-Tunisia ties in sports development
The governor specifically sought collaboration to develop and reposition Gateway Football Club.

States
NEPC trains 70 Adamawa smallholder farmers on pesticide management
Nonye Ayeni, NEPC executive director, said the training focused on safe pesticide handling, storage, application, personal safety and environmental protection.





