• About Us
  • Contact Us
  • Privacy & Policy
Saturday, January 31, 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

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

Naira ends week on positive note against dollar
Economy

Naira records appreciation against US dollar for trice in one week

1 day ago
Economy

2027: We’ll return you for second tenure – APC assures Mutfwang

3 days ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Dangote Refinery increases fuel price nationwide to N799

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

Naira records huge appreciation against US dollar

4 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

Naira ends week on positive note against dollar
Economy

Naira records appreciation against US dollar for trice in one week

1 day ago
Air strikes: US must answer for violating Nigeria’s territorial integrity – Senator Ningi
National

Air strikes: US must answer for violating Nigeria’s territorial integrity – Senator Ningi

1 day ago
2027: Those planning to rig Abia governorship election should write their wills – Otti
National

Govt House: Where I operate from is constitutional – Gov Otti replies predecessors

1 day ago
We’re engaging Wike to end Rivers crisis – APC National Secretary
National

We’re engaging Wike to end Rivers crisis – APC National Secretary

1 day ago
Osun APC suspends vociferous ex-lawmaker, Oyintiloye
National

Osun APC suspends vociferous ex-lawmaker, Oyintiloye

1 day ago
FCT workers shun Wike, court order to suspend strike, continues industrial action
National

FCT workers shun Wike, court order to suspend strike, continues industrial action

2 days ago

POLITICS

We’re engaging Wike to end Rivers crisis – APC National Secretary

We’re engaging Wike to end Rivers crisis – APC National Secretary

1 day ago
Atiku Abubakar vows to rescue Nigerians from APC

Atiku Abubakar vows to rescue Nigerians from APC

2 days ago
Seven Akwa Ibom Lawmakers Defect to APC, Citing Party Divisions

Governors in closed-door meeting with APC NWC in Abuja

2 days ago
Christian genocide: Tinubu set to meet US President Trump — Daniel Bwala

ADC lacks ideological direction — Says Tinubu’s aide, Bwala

2 days ago
2027: Atiku has the right to contest for President again – PDP Chieftain

APC regime worse than military rule – Atiku

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

All those not in APC are minority – APC National Chair, Yilwatda mocks opposition

3 days ago

YOUR ECONOMY

Naira ends week on positive note against dollar
Economy

Naira records appreciation against US dollar for trice in one week

1 day ago
Economy

2027: We’ll return you for second tenure – APC assures Mutfwang

3 days ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Dangote Refinery increases fuel price nationwide to N799

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

Naira records huge appreciation against US dollar

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

Naira appreciates against US dollar ending week on good note

7 days ago
FG did not site gold refinery in Lagos – Dele Alake replies NEF
Economy

FG did not site gold refinery in Lagos – Dele Alake replies NEF

2 weeks ago

E & P

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

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

by Steven Atogi
2 weeks ago
0

Former Super Eagles forward, Odion Ighalo, has faulted Real Madrid and Morocco man, Brahim Díaz, for wasting a golden opportunity...

Why I won’t coach Mali again — Chelle

Why I won’t coach Mali again — Chelle

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

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

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

Nigerian attacker Boniface begins rehabilitation after successful knee injury

3 weeks ago
Benin’s Victory Sparks Tension As Nigeria Gears Up For AFCON Showdown

AFCON: Super Eagles’ qualifies for quarter-final after beating Mozambique 4-0

4 weeks ago
‘Huge mistake’ – Rio Ferdinand blasts Man United over Victor Osimhen

‘Huge mistake’ – Rio Ferdinand blasts Man United over Victor Osimhen

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
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
4 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
5 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

Naira ends week on positive note against dollar

Naira records appreciation against US dollar for trice in one week

January 30, 2026
Air strikes: US must answer for violating Nigeria’s territorial integrity – Senator Ningi

Air strikes: US must answer for violating Nigeria’s territorial integrity – Senator Ningi

January 30, 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