Photo for illustrative purposes only: A boy carries a a relief package box he received during the Lagos Food Bank Initiative outreach in Ikotun, Lagos, Nigeria, on June 7, 2020. Oluwafemi Dawodu

Up, up goes food price in Nigeria


Published 12 Jul,2020 via The Nation - With the unprecedented rise in the cost of staple foods and consumables completely priced out of the reach of majority of Nigerians, obtaining a three square meal these days, is now a luxury many cannot afford. In this report, Charles Okonji examines the causes and effects

One of the sore points of the ravaging coronavirus scourge is the fact that it has adversely affected the cost of staple foods and other consumables in terms of prices.

Before the lockdown in mid-January to February, the prices of fast moving consumer goods (FMCG) and produce, especially, were relatively cheap and affordable.

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tags:

Inflation
Prices
COVID-19
Author Profile Image
Charles Okonji