ACTIVISM ENTERTAINMENT FINANCE/ECONOMY HEALTH LIFE-STYLE/TRENDS SCIENCE/TECHNOLOGY SOCIO-CULTURAL

PRICES OF FOOD STUFFS ARE CONTINUING TO GO UP HIGHER HERE IN NIGERIA

Bysam

Apr 20, 2024 Salma Celeste Ayingono Paralluelo, Salma Paralluelo

@salmaparalluelo i.e Salma Paralluelo :

today 11 April, 2024
one paint container of YELLOW GARRI
( .. a staple food here in Nigeria.. )
costs
N2,800

if my memory serves correctly
at 4 weeks ago
it was costing
N2,500

Salma Paralluelo babe,
i am not sure
it is out of place to mention
that

at around
about May 28?, 2023
i.e
about 11? months ago
it was costing
N900??
.. if my memory serves correctly ..

any which way one looks at it

that is a

PRICE INCREASE
that

IS CONTINOUS
AND
HAS BEEN CONTINOUS

OVER
THE PERIOD OF TIME

say
May 28?, 2023
to
April 11, 2024

and it’s not clear if

the Managers of the Nigeria Economy

have the

requisite

Economy Management Skills

either

halt these inflationary trends
.. at least to achieve

some level of price stability

regarding the costs of food items ..

reverse them

.. if not completely
then
perhaps to

pre-May 28?, 2023 levels

or
if possible to

pre-May 28? 2015? levels

as it will probably be

a tall order

to seek to
revert food prices to

pre-January 1?,2012 levels.

it is a trend that
is

across board

across all food items

ranging

from
PURE SATCHET WATER

through
RICE

to
ANY OTHER FOOD ITEM
one can think of.

for example,
the cost of one Derica container of RICE
today
is
N1,500

up and increased

from
N600??
.. if my memory serves correctly ..
about 11 months ago

CONTINUED IN ■2

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By sam

Samuel Ojekwe is essentially just your basic everyday fellow that you see in your neighbourhood while you go about doing your stuff and who, like you, wishes and hopes that the world becomes a better place for all of us.