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Prices Of Rice, Beans, Chicken, And More As Of December 24
As the festive season approaches, Nigerians are preparing for Christmas amid rising food prices.
This year, the prices of essential items like rice, beans, and chicken have increased significantly, influenced by factors such as inflation, insecurity, and supply chain challenges. Many households are struggling to afford basic foodstuffs for their celebrations.
A 50kg bag of rice now costs between ₦90,000 and ₦100,000, a steep increase from around ₦55,000 last year. Similarly, a bottle of palm oil has doubled in price, and a kilogram of chicken has risen to over ₦5,500. These price hikes have made it harder for families to plan their usual festive meals.
Current Prices of Major Food Commodities:
Rice:
-Golden Rice (50kg): ₦85,000
-Vitally Long Grain Rice (50kg): ₦95,000
-Optimum and Mafa Rice (50kg): ₦92,000
-25kg Bag of Rice: ₦47,500
Beans:
-Sweet Pure Butter Beans (50kg): ₦150,000
-Brown Beans (50kg, Maiduguri): ₦90,000
-Rubber of Brown Beans: ₦7,500
-Peeled Dried Honey Beans/Flour: ₦15,000
-Honey Beans (Oloyin, 50kg): ₦110,000
-Hand-Picked Oloyin Beans (50kg): ₦175,000
-Chad Sweet Brown Beans (50kg): ₦90,000
-Soybeans (50kg): ₦115,000
Garri:
-Paint Bucket of Garri: ₦3,500
-Bag of Garri (50kg): ₦40,000
-Garri Ijebu (50kg): ₦55,000
-Garri (100kg): ₦80,000
Tomatoes and Pepper:
-Small Basket of Tomatoes: ₦5,000
-Fresh Tomatoes Basket: ₦50,000
-Small Basket of Pepper: ₦3,500
Chicken:
-Prices range from ₦15,000 to ₦20,000.
For many Nigerians, the festive season is a time for family and shared meals. However, the affordability of food remains a critical concern this year due to these persistent price hikes.
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