• About Us
  • Contact Us
  • Privacy & Policy
Wednesday, February 11, 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

Nigerian Restaurant Owners Struggle as Fuel Price Increases
Economy

Price war: Fuel price to drop nationwide

24 hours ago
More governors set to defect to APC – Yilwatda
National

APC: Why we are yet to officially welcome Fubara  – Yilwatda

2 days ago
Dangote petrol’s N739 per liter price in filling station competitive – Bird
Economy

Dangote Refinery import 65% crude, Naira-for-crude deal covers only 35% – CEO, Bird

5 days ago
NNPCL Boss Bayo Ojulari Says Fixing Nigeria’s Refineries Difficult After Long Neglect
Economy

Why Nigerians should celebrate Dangote Refinery – NNPCL boss, Ojulari

6 days 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

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

Electoral Amendment Bill: Remove any provision with technical loopholes —ADC tells Senate

2 minutes ago
2027: Why Peter Obi may return to PDP
National

Electronic transmission: ‘Its just backdoor plot’ – PDP blasts Senate

6 minutes ago
Avoid PDP, it’s torn to pieces – Akpabio tell politicians
National

Public outrage against Akpabio-led Senate as Nigerians insist on e-transmission of results

9 minutes ago
INEC Receives 110 Applications from Associations Seeking Registration as Political Parties Ahead of 2027 Elections(see list)
National

CVR: INEC debunks alleged underage voter registration in Osun

24 hours ago
El-Rufai Plans New Party as ADC Backup Against APC Interference
National

Why I fell out with Tinubu — El-Rufai

24 hours ago
Nigerian Restaurant Owners Struggle as Fuel Price Increases
Economy

Price war: Fuel price to drop nationwide

24 hours ago

POLITICS

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

Electoral Amendment Bill: Remove any provision with technical loopholes —ADC tells Senate

2 minutes ago
2027: Why Peter Obi may return to PDP

Electronic transmission: ‘Its just backdoor plot’ – PDP blasts Senate

6 minutes ago
Avoid PDP, it’s torn to pieces – Akpabio tell politicians

Public outrage against Akpabio-led Senate as Nigerians insist on e-transmission of results

9 minutes ago
El-Rufai Plans New Party as ADC Backup Against APC Interference

Why I fell out with Tinubu — El-Rufai

24 hours ago
El-Rufai on Tinubu’s Economic Policies: 30m Nigerians in Poverty

ADC won’t be zoning presidential primaries — El-Rufai

24 hours ago
Tinubu’s a learner in Nigerian political history – Buhari’s ex-minister, Dalung

Tinubu’s a learner in Nigerian political history – Buhari’s ex-minister, Dalung

2 days ago

YOUR ECONOMY

Nigerian Restaurant Owners Struggle as Fuel Price Increases
Economy

Price war: Fuel price to drop nationwide

24 hours ago
Dangote petrol’s N739 per liter price in filling station competitive – Bird
Economy

Dangote Refinery import 65% crude, Naira-for-crude deal covers only 35% – CEO, Bird

5 days ago
NNPCL Boss Bayo Ojulari Says Fixing Nigeria’s Refineries Difficult After Long Neglect
Economy

Why Nigerians should celebrate Dangote Refinery – NNPCL boss, Ojulari

6 days ago
Nigeria’s energy future lies in gas — NNPCL GCEO
Economy

Nigeria’s energy future lies in gas — NNPCL GCEO

7 days ago
140 million Nigerians will be pushed into poverty in 2026 – Economist, Ngwu
Economy

140 million Nigerians will be pushed into poverty in 2026 – Economist, Ngwu

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

Naira records appreciation against US dollar for trice in one week

2 weeks ago

E & P

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

EPL: Three managers shortlisted to replace Guardiola at Man City

by Steven Atogi
1 week ago
0

Former Real Madrid manager, Xabi Alonso, has joined Manchester City’s three-man shortlist of managers to replace Pep Guardiola. According to...

Transfer: Ademola Lookman lands in Madrid ahead of medicals

Transfer: Ademola Lookman lands in Madrid ahead of medicals

1 week ago
AFCON 2025: Ighalo faults Diaz’s Panenka penalty against Senegal

AFCON 2025: Ighalo faults Diaz’s Panenka penalty against Senegal

3 weeks ago
Why I won’t coach Mali again — Chelle

Why I won’t coach Mali again — Chelle

3 weeks ago
AFCON 2025: Super Eagles Ndidi, Alebiosu ruled out of Semi final

AFCON 2025: Super Eagles Ndidi, Alebiosu ruled out of Semi final

4 weeks ago
Nigerian attacker Boniface begins rehabilitation after successful knee injury

Nigerian attacker Boniface begins rehabilitation after successful knee injury

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
4 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
5 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
5 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
5 months ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
6 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

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

Electoral Amendment Bill: Remove any provision with technical loopholes —ADC tells Senate

February 11, 2026
2027: Why Peter Obi may return to PDP

Electronic transmission: ‘Its just backdoor plot’ – PDP blasts Senate

February 11, 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