Category : Search result: staple food costs


Abuja Food Prices Fall as NBS Reports Inflation Decline

A new survey shows food prices have dropped in Abuja markets after the festive season, with NBS data confirming a decline in monthly food inflation. Experts warn the relief may be temporary without long-term policies.

UN Warns of Famine in Northern Nigeria

The UN warns 55 million in West and Central Africa face acute food insecurity, with 15,000 in Borno, Nigeria, one step from famine. Violence and aid cuts are to blame. Urgent funding is needed.

Port Disruptions Cost Nigeria N5bn Daily - Report

A new report reveals street protests and unregulated port charges cost Nigeria up to N5bn daily, fueling inflation. SEREC urges urgent policy reforms to save the economy. Read the full analysis.

Mixed Food Price Trends in Nigeria: Grains Ease, Oils Climb

January brought relief for Nigerian households as prices for rice, beans, and garri fell in major markets. However, rising costs for cooking oils and logistics continue to pressure food budgets. Get the full regional breakdown.

High Stowaway Costs Burden Shipowners in West Africa

West African ports impose heavy fines and repatriation costs on shipping companies for stowaways, with incidents costing up to $30,000 each. Nigeria's shipping association criticizes the policy as unfair.

Lagos One-Bedroom Rent Hits ₦20.9m in 2025

A new report shows Lagos rents have skyrocketed, with a one-bedroom in Eko Atlantic costing ₦20.9m annually. Discover the full breakdown of prices across the city and the economic factors driving this surge.

Traders Lament High Costs at Calabar Festival Village

Vendors at the 20th Calabar Christmas Festival Village report poor sales and tripled stall rents. Traders with 15+ years experience call for government intervention to review fees and improve coordination. #CalabarCarnival #Business

Yishawu's 50% Discount Food Market Eases Lagos Burden

Lagos lawmaker Gbolahan Yishawu launches a 50% discount food market in Eti-Osa, providing subsidized staples to over 10,000 residents for Christmas. Read how this initiative is easing economic pressure.

Feed Costs, Input Access Challenge Nigeria Poultry Farmers

Despite being Nigeria's most commercialised livestock segment, poultry farmers face high feed costs and limited input access. The Minister of Livestock reaffirmed commitment at the LAPO Chicken Fair, highlighting collaboration for food security.

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