Prices of food condiments such as tomatoes and pepper have reportedly been reduced by 55 percent in most Lagos markets, ahead of the Christmas celebrations.
News Agency of Nigeria (NAN) reports that at Mile 12 and Iddo markets, a basket of tomatoes which previously cost N9,000 now sells for N5,000, while tatashe and chilli pepper cost N4,500 and N4,000 respectively, as against N8,000 in November.
A jute bag of Onions sells for N17,000 as against N28,000, while a paint measurement of garri costs N650. At Daleko Market, the price of a 50-kilogramme bag of rice ranged between N16,000 and N24,000 depending on its brand.
Spokesperson, Mile 12 Traders Association, Mr. Femi Odusanya, speaking with journalists attributes the price drop to massive harvest of these food condiments items for the Yuletide season.
Odusanya said most farmers are harvesting their produce now leading to surplus and drop in prices of the items in the market.
The traders further appealed to the government to mop up the excesses through preservation because prices will further drop until April when the produce will not be in season, as seen in previous experiences where they had much food waste due to their inability to preserve the excesses.
Odusanya urged the government to take pragmatic steps that would encourage farmers to increase their outputs to boost food sufficiency in the country.
Recall that on 8th December, the Lagos state government had promised a one-day Christmas Bonanza to Lagosians on December 15, saying it will roll out Rice at N13,000 per 50 kg for the Yuletide celebrations.
The brand of rice to be auctioned for the Christmas bonanza is the ‘Lake Rice,’ which is a new product manufactured in collaboration with Kebbi state government.
The rice sales would be made at all the 57 Local Government Areas (LGAs) and Local Council Development Areas (LCDAs) in the state to ensure proper distribution.