• About Us
  • Contact Us
  • Privacy & Policy
Saturday, April 4, 2026
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

Food Inflation Reaches Historic 40.53% in Nigeria as Eid el-Kabir Approaches

Vincent Amadi by Vincent Amadi
June 14, 2024
in Economy, News
Reading Time: 2 mins read
A A
0
Food Inflation Reaches Historic 40.53% in Nigeria as Eid el-Kabir Approaches
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram


As Eid el-Kabir approaches, pepper, a spice commonly used in many Nigerian dishes, has become a scarce commodity in Ilorin, the Kwara capital.
A market survey conducted on Thursday at Mandate Market, Ilorin West LGA, where pepper is sold in bulk, revealed that pepper has become expensive in recent weeks. Stocks have become scarce, with little or nothing left to look at, even tomatoes. Some pepper sellers have attributed the shortage in the north, where pepper is grown in large quantities, to flooding and pest infestation.


Jamil Isa said he was hoping a vehicle would bring him pepper and onions, but was told there were no goods to load.
He lamented that everything had been washed away by the floods and that where it was not washed away, it was infested with pests.

A small container of tomatoes that used to sell for 150 naira now sells for 2,000 naira, a big container that used to sell for 1,500 to 2,000 naira now sells for 15,000 naira and a big basket that used to sell for 10,000 naira now sells for 175,000 naira.


Also, a basket of Scotch bonnets, popularly called “rodo”, that used to sell for 1,500 naira now sells for 12,000 naira.
Similarly, a bag of onions now sells for 75,000 naira instead of 50,000 naira, the same or less than before.
According to the National Bureau of Statistics, food prices in Nigeria increased by 40.53 percent in April 2024 compared to the same month last year, with food inflation reaching a historic high of 40.53 percent in April 2024.
When we visited sheep sellers, they complained about low sales and buyers complained about high ram prices. Aziz Abdullahi, a ram seller, said that a ram that sold for 50,000 naira a few years ago was selling for more than 170,000-200,000 naira this year.
He attributed the increase in ram prices to high feed and transportation costs. Yahaya Usman, a potential customer, said that because of the exorbitant prices, some of his friends have spent money to buy cows, which he hopes to share. Cows are also accepted in Islam as an alternative to rams.

Tags: businessnigeria
Vincent Amadi

Vincent Amadi

Related Posts

Fuel not cheap in Nigeria, naira-to-dollar conversion comparison deceitful – Oyelaran-Oyeyinka
Economy

Fuel not cheap in Nigeria, naira-to-dollar conversion comparison deceitful – Oyelaran-Oyeyinka

5 days ago
Why I resigned — Kano deputy governor clarifies
National

Why I resigned — Kano deputy governor clarifies

1 week ago
Salary Tax Nigeria 2026: How to Calculate PAYE and Take-Home Pay
Economy

Salary Tax Nigeria 2026: How to Calculate PAYE and Take-Home Pay

1 week ago
How To Fill Your Personal Income Tax In Nigeria
Economy

How To Fill Your Personal Income Tax In Nigeria

1 week ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

2027: ADC crisis engineered, INEC should tread with caution – Jega
National

2027: ADC crisis engineered, INEC should tread with caution – Jega

3 hours ago
2027 ELECTIONS: FG behind our party crisis —PDP alleges
National

Don’t leave PDP, reconsider — Bauchi PDP begs Gov Bala Mohammed

3 hours ago
Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election
National

U.S. policy firm to engage Congress, Trump administration over INEC’s victimisation of ADC

3 hours ago
Coalition’s ADC takes over of PDP structures in North East
National

INEC deliberately misinterpreting court order to weaken opposition – ADC

3 hours ago
Tinubu nominates 39-year old Abdullahi Ramat as new NERC Chairman
National

Pick candidates based on governance not partisanship – APC group begs Tinubu

1 day ago
Naira gains against US dollar significantly
National

Naira depreciates against the US dollar

1 day ago

POLITICS

2027 ELECTIONS: FG behind our party crisis —PDP alleges

Don’t leave PDP, reconsider — Bauchi PDP begs Gov Bala Mohammed

3 hours ago
Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election

U.S. policy firm to engage Congress, Trump administration over INEC’s victimisation of ADC

3 hours ago
Coalition’s ADC takes over of PDP structures in North East

INEC deliberately misinterpreting court order to weaken opposition – ADC

3 hours ago
Tinubu nominates 39-year old Abdullahi Ramat as new NERC Chairman

Pick candidates based on governance not partisanship – APC group begs Tinubu

1 day ago
Osun Council Elections: IPAC Withdraws from Electoral Process

IPAC condemns INEC’s removal of David Mark, voter revalidation exercise

1 day ago
2027: LP candidates will have sweeping victory in free and fair election – Lawmaker, Onwusibe

2027: LP candidates will have sweeping victory in free and fair election – Lawmaker, Onwusibe

1 day ago

YOUR ECONOMY

Fuel not cheap in Nigeria, naira-to-dollar conversion comparison deceitful – Oyelaran-Oyeyinka
Economy

Fuel not cheap in Nigeria, naira-to-dollar conversion comparison deceitful – Oyelaran-Oyeyinka

5 days ago
Salary Tax Nigeria 2026: How to Calculate PAYE and Take-Home Pay
Economy

Salary Tax Nigeria 2026: How to Calculate PAYE and Take-Home Pay

1 week ago
How To Fill Your Personal Income Tax In Nigeria
Economy

How To Fill Your Personal Income Tax In Nigeria

1 week ago
Naira ends week on positive note against dollar
Economy

Naira Gains Against Dollar at Official Market

1 week ago
Naira ends week on positive note against dollar
Economy

Naira makes significant appreciation against US dollar

3 weeks ago
Nigeria’s Economy Not Well Equipped for Subsidy Removal – Economist Warns Against Monopoly
Economy

FG suspends petrol import licences twice in two months

3 weeks ago

E & P

It’s the toughest season of my career, says Pep Guardiola of Man City
Sports

EPL: Rodri can leave Man City – Guardiola

by Steven Atogi
3 hours ago
0

Manchester City manager, Pep Guardiola, has made it clear he will not stand in Rodri’s way if he wants to...

Breaking: Al Hilal submits €70m proposal to Napoli for Osimhen

Osimhen won’t leave hospital quickly after surgery 

5 days ago
Mikel Arteta

Carabao Cup final: Arteta’s Arsenal loses 2-0 to Man City

2 weeks ago
EPL: Super Eagles star Aina wins first POTM award

EPL: Super Eagles star Aina wins first POTM award

3 weeks ago
LaLiga: Adams excited after ending goal drought at Sevilla

LaLiga: Adams excited after ending goal drought at Sevilla

4 weeks ago
LaLiga: Ighalo confident Lookman will excel under Simeone at Atletico Madrid

LaLiga: Ighalo confident Lookman will excel under Simeone at Atletico Madrid

1 month ago

YOUR THOUGHT & HISTORY

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’
National

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’

by Steven Atogi
6 months ago
The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour
Opinion

The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour

by Odini Brains
6 months ago
HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE
Opinion

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE

by Odini Brains
7 months ago
Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents
National

Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents

by Odini Brains
7 months ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
7 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

It’s the toughest season of my career, says Pep Guardiola of Man City

EPL: Rodri can leave Man City – Guardiola

April 4, 2026
2027: ADC crisis engineered, INEC should tread with caution – Jega

2027: ADC crisis engineered, INEC should tread with caution – Jega

April 4, 2026
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address