• About Us
  • Contact Us
  • Privacy & Policy
Thursday, November 6, 2025
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

Hyperinflation: Families Turn to Cheaper Protein Sources as Meat, Egg Prices Skyrocket Across Nigeria

Vincent Amadi by Vincent Amadi
October 14, 2024
in Economy
Reading Time: 4 mins read
A A
0
Hyperinflation: Families Turn to Cheaper Protein Sources as Meat, Egg Prices Skyrocket Across Nigeria
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram

Consumers in Nigeria are expressing deep concern over the persistent rise in the prices of egg and various types of meat, particularly livestock products. Many have voiced their frustration over the impact this has had on their daily consumption, especially for families with children who require protein-rich foods for healthy growth. The soaring costs of these essential food items have left many struggling to afford them, prompting calls for the government to step in and address the situation.

Several consumers, during interviews with journalists in Abuja on Sunday, shared their experiences and how the rising prices have affected their ability to maintain a balanced diet. Many are now forced to cut back on their meat and egg consumption, which they say has been a staple in their homes. These consumers are appealing to the government to intervene and find ways to bring the prices down, ensuring that they are more in line with the purchasing power of the average Nigerian.

Christiana Agede, one such consumer, lamented the sharp increase in the price of cow meat. She noted that a kilogram of cow meat, which used to sell between N4,500 and N5,000, costs between N6,500 and N7,000 presently. For Agede, this price jump has made it difficult for her to regularly buy meat for her family. “I rarely patronize the sellers because of my low purchasing power,” she said. Eggs, which used to serve as an alternative source of protein for her family, have also become unaffordable due to the price hike, leaving her with few options. “We now buy brisket bones as an alternative to meat in my house,” Agede revealed. “I prefer it because when you buy at least N1,500 worth of brisket bones, it looks bigger, and it is more nutritious.” She added that while her children do not enjoy brisket bones, she has convinced them to consume it for its nutritional value.

Henrietta Daniel, a single mother, shared a similar story. The high cost of eggs has forced her to remove them entirely from her children’s meals. She expressed her frustration, saying, “Eggs are too expensive, and I can no longer afford them. The federal government should help us find lasting solutions to these price increases.”

Adaeze Asiji, another consumer, noted that chicken prices have also surged dramatically. According to her, a kilogram of chicken, which used to sell between N3,500 and N4,000, now costs between N5,000 and N6,500. The steep increase has made it challenging for many families to keep chicken on their menu regularly.

Elizabeth Adodi, a civil servant, decried the unrelenting rise in meat prices. She called on the government to extend its efforts to curb inflation in the food sector to the livestock industry as well. “The government has done well in reducing some food prices, but they need to pay attention to the livestock sector,” Adodi said.

Butchers and traders are also feeling the effects of the rising costs. Everistus Nnamani, a butcher at the Mararaba market, explained that the price increase is largely due to the rising cost of transportation. According to him, the price of a big-sized cow, which used to sell for around N800,000, has currently jumped to between N1 million and N1.5 million. Medium-sized cows, once sold for N400,000 to N500,000, cost between N600,000 and N700,000 currently. Even smaller cows, which used to be priced between N150,000 and N200,000, sell for N400,000 currently. Nnamani attributed these increases to the cost of diesel and petrol, as well as the growing insecurity in parts of the country. “Another issue causing an increase in the prices of cows is kidnapping. Bandits now prefer to kidnap trailer loads of cows and sell them rather than humans,” he explained.

The situation is similar for goat meat traders. Kelechi Odo, a butcher and trader at the Nyanya market, said that the rising exchange rate is the main reason for the hike in goat prices. He explained that most goats are imported from neighboring countries such as Niger and Cameroon. A small-sized goat, which previously cost between N15,000 and N18,000, currently sells for between N25,000 and N28,000. Medium-sized goats, which used to sell for between N20,000 and N22,000, is priced between N27,000 and N28,000 currently. The price of a large goat has risen even more dramatically, is currently selling for between N32,000 and N35,000, compared to N28,000 before.

Yusuf Ali, a ram dealer at the Kugbo ram market, also reported price hikes in his trade. He stated that rams are now being sold for prices ranging from N50,000 to N150,000, depending on their size.

These price increase have placed a heavy burden on consumers, many of whom are calling for urgent government intervention. With the high cost of transportation, fuel prices, insecurity, and a volatile exchange rate all contributing to the steep prices of livestock and related products, both consumers and traders are feeling the strain. Many are hopeful that the government will take action to alleviate the financial pressure and make these essential food items more affordable for the average Nigerian family.

Vincent Amadi

Vincent Amadi

Related Posts

Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Dangote Refinery supports Tinubu’s 15 percent fuel import duty policy

3 days ago
APC National Chairman Yilwatda Pledges Tinubu-Style Leadership Through Teamwork and Bold Decision-Making
Economy

Economic hardship cause of human trafficking in Nigeria – APC National Chair, Yilwatda

1 week ago
Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre
Economy

Fuel price drops as marketers resume loading at Dangote Refinery

2 weeks ago
Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre
Economy

Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre

3 weeks 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

EndBadGovernance: Tinubu’s Govt Charge Under-Age Protesters for Treason
National

Court bars police from arresting Sowore

7 hours ago
Insecurity: We won’t fail Nigerians – Chief of Air Staff
National

Insecurity: We won’t fail Nigerians – Chief of Air Staff

7 hours ago
Why I will remain in politics till death –  Shekarau
National

Why I will remain in politics till death –  Shekarau

7 hours ago
Peter Obi urges Northern leaders to invest in education to tackle poverty
National

Anambra election: I support Labour Party — Peter Obi

7 hours ago
NNPC Struggles to Address Petrol Scarcity, Blames Forex Liquidity
National

NNPCL wants 20% stake in Dangote refinery

1 day ago
`You can’t embarrass me. Go and meet who awarded you contractsʼ — Wike rebukes Local contractors
National

Wike kicks against high court ruling lifting PDP convention ban

1 day ago

POLITICS

Peter Obi urges Northern leaders to invest in education to tackle poverty

Anambra election: I support Labour Party — Peter Obi

7 hours ago
`You can’t embarrass me. Go and meet who awarded you contractsʼ — Wike rebukes Local contractors

Wike kicks against high court ruling lifting PDP convention ban

1 day ago
Amupitan will need courage to restore INEC’s credibility — Presidency

Anambra Election: Obey the rules, Amupitan cautions stakeholders

1 day ago
Insecurity: APC thinks every criticism is attack on them, ignoring lived experiences of Nigerians — ADC

Insecurity: APC thinks every criticism is attack on them, ignoring lived experiences of Nigerians — ADC

1 day ago
Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election

Imo: ADC mobilises support ahead of 2027 general elections

2 days ago
Wike Challenges ADC Leaders to Show Scorecard Ahead of 2027 Elections 

Atiku left PDP because I stopped him from destroying the party – Wike

2 days ago

YOUR ECONOMY

Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Dangote Refinery supports Tinubu’s 15 percent fuel import duty policy

3 days ago
APC National Chairman Yilwatda Pledges Tinubu-Style Leadership Through Teamwork and Bold Decision-Making
Economy

Economic hardship cause of human trafficking in Nigeria – APC National Chair, Yilwatda

1 week ago
Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre
Economy

Fuel price drops as marketers resume loading at Dangote Refinery

2 weeks ago
Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre
Economy

Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre

3 weeks ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

We never imported bad fuel – Dangote Refinery

4 weeks ago
Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn
Economy

Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn

1 month ago

E & P

IFL HOLDS  WORKSHOP ON NEW TAX REFORMS ACT IN PH
Sports

IFL HOLDS  WORKSHOP ON NEW TAX REFORMS ACT IN PH

by Tammy Opoki
2 days ago
0

The International Friendship League( IFL) Port Harcourt Chapter, on Sunday organised its monthly evening variety meeting, at the Azny Palace,...

CAF Champions League: Sandaling Atlantic Aviation Ltd pledges ₦100,000 per goal to Rivers United

CAF Champions League: Sandaling Atlantic Aviation Ltd pledges ₦100,000 per goal to Rivers United

2 days ago
WE ARE UPGRADING SPORTS FACILITIES, NOT TO CONVERT FOOTBALL PITCH – Albert Dede 

WE ARE UPGRADING SPORTS FACILITIES, NOT TO CONVERT FOOTBALL PITCH – Albert Dede 

2 weeks ago
2026 World Cup qualifying play-offs: We are ready for Nigeria – Gabon coach

2026 World Cup qualifying play-offs: We are ready for Nigeria – Gabon coach

3 weeks ago
2026 World Cup playoffs: Super Eagles likely to play Gabon

2026 World Cup playoffs: Super Eagles likely to play Gabon

3 weeks ago
EPL: They’ll be beaten – Paul Scholes predicts winner in Liverpool vs Man Utd

EPL: They’ll be beaten – Paul Scholes predicts winner in Liverpool vs Man Utd

4 weeks 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
1 month 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
1 month 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
2 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
2 months ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
2 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

EndBadGovernance: Tinubu’s Govt Charge Under-Age Protesters for Treason

Court bars police from arresting Sowore

November 6, 2025
Insecurity: We won’t fail Nigerians – Chief of Air Staff

Insecurity: We won’t fail Nigerians – Chief of Air Staff

November 6, 2025
  • 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