The prices of food in the market have increased dramatically to the surprise of consumers and traders.
According to PUNCH Metro, some customers have expressed their dissatisfaction with the hike in prices and the lack of some edible products in the market.
According to a correspondent who took out time to do a market survey in the Magboro Market in the Obafemi Owode Local Government Area of Ogun State. The report revealed that the cost of basic food items have increased drastically, including basic items like onion, melon and frozen foods.
One Mr. Najanko, a trader, reported to PUNCH Metro that the sudden increase in commodities, especially onion prices, is becoming unbearable.
He said, “I can’t just believe that I sold these same onions five months ago. Some months ago, I bought a bag of onions for N30,000, when I got to the market last two months, I purchased the same bag for N50,000.”
Najanko complained bitterly that the hike in price is getting out of hands.
“I barely make a profit again. A bag of onions last month was N70,000. But to my shock, when I got to the market last Saturday, a bag of onions is now N120,000. How will one make a profit?” he wondered.
A buyer also complained.
“All the food items are too expensive. Before, a paint of melon was N4,500. Today, what I bought last week has increased to N5,000.
“Tomatoes are now becoming as expensive as gold. We hardly see it in the market again. The government should help to improve the agricultural sector in Nigeria.”
With the complaints of both buyers and sellers, it appears that the Nigerian market is way too expensive and also, the lack of some basic commodities is an issue as well.
The marketers are pleading with the government to intervene and provide possible solutions to help the people.
