Shocking! FCCPC speaks on increase in rice, beans, tomato, other food prices, see details

In response to the nationwide rise in food prices, the Federal Competition and Consumer Protection Commission (FCCPC) has advised Nigerians to be patient.

This was stated on Tuesday during an interactive session with traders at the Dawanau and Galadima markets in Kano, as reported by NAN.

Adamu Abdullahi, the acting executive vice chairman of the FCCPC, said that the government is making appropriate efforts to address the problem.

According to him, the goal of the market trips was to interact with vendors and determine the causes of the ongoing increase in food costs.

Abdullahi said,

The publication stated that several customers and market union officials blamed transportation costs and insecurity for the ongoing rise in food prices.

According to Abdullahi Kasarkabasu, chairman of the Galadima market’s yam vendors, the high price of diesel has raised transportation costs, which has impacted the pricing of yams and other food items.

In addition, Kasarkabasu listed overall insecurity and the actions of cattle rustlers as factors that drive up food prices since they discourage cropping.

Because of security concerns, paddy rice that is supplied to rice mills from villages is now more expensive, according to Abdulkadir Umar, chairman of the Rice Dealers Association in the Dawanau market.

According to Umar, low patronage has resulted from rising procurement and processing prices for rice, with a “mudu” (measuring plate) currently costing between N3,900 and N4,200.

The chairman called on the government to boost agricultural investment by giving farmers access to enough fertilizer and other inputs as well as appropriate security.

Justina Ogedo, a consumer, appealed to the government to act fast to save Nigerians from hunger. According to him, most consumers can no longer afford a tuber of yam due to the high price.

Ogedo said,

In order to control food prices in the nation, Tunji Oyedotun, a different customer, urged the government to set fixed prices for goods.

Okoro Emmanuella told TimesNow.com.ng how the increasing food prices has affected herhousehold,

She said,

“Just imagine what Nigeria is turning into. We barely eat three times a day now because everyone is trying to manage. This suffering is too much. We cant’t continue like this.”

TimesNow.com.ng reported that a recent survey shows that the price of cassava flakes, known as gari and rice, has risen by more than 50% in parts of Nigeria.

The News Agency of Nigeria (NAN) survey on Thursday, June 20, 2024, shows that food prices rose by 50% following a rise in Nigeria’s inflation and an increase in petrol.

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