Some foodstuff traders and consumers in Lagos state have expressed excitement over the recent drop in the price of beans.
According to the report, there has been a slight drop in the price of beans that has consistently risen in the past few months.
“We have witnessed a slight drop in the price of beans for about two weeks now. For some months, the price kept rising due to unavailability of the produce but now there is a little respite,” he said.“Weeks ago we sold a paint bucket of honey beans at N12,000 but now we sell between N8,000 to N9,000 for the same quantity.
“We cannot really say what brought the price of beans down as in the first place we do not know why the sudden hike months ago,” Nwabueze said.
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