Sallah: Tomato prices surge over 100% to N150,000

Food Inflation In Nigeria News

Sallah: Tomato prices surge over 100% to N150,000
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Tomato prices have surged by over 100% in just the past month in Lagos and across o

ther states. This sudden price increase is predicted to threaten the upcoming Eid El-Kabir celebrations, where jollof rice, a dish heavily reliant on tomatoes, is a staple. Traders have attributed this price hike to regular seasonal fluctuations in tomato…This sudden price increase is predicted to threaten the upcoming Eid El-Kabir celebrations, where jollof rice, a dish heavily reliant on tomatoes, is a staple.

Lower-quality tomatoes that have been damaged during the journey from the North to the South are currently selling for between N60,000 and N100,000, depending on the severity of the damage. Last month, in April, a basket of similar quality went for N30,000. He also noted that importing tomatoes from Cameroon and Ghana could help alleviate the supply shortage.

According to a recent SBM Intelligence Jollof Rice Index, the average cost of cooking jollof rice in the country’s major cities rose to N17,000 in March 2024 from N13,106 in October 2023.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

The Federal Competition and Consumer Protection Commission , says President Bola Tinubu’s credit scheme will help to close the gap and reduce vulnerability of Nigerians to unethical digital loan companies. Some Experts in the power sector have commended President Bola Tinubu on some of the ongoing reforms in the sector.

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