FCT Residents Struggle with Soaring Food Prices
Residents of the Federal Capital Territory (FCT) have voiced their concerns regarding the escalating costs of basic food items, which have made it increasingly difficult to maintain their usual food budgets. A report from the News Agency of Nigeria (NAN) indicates that the price of a 50kg bag of rice has risen from N60,000-N63,000 to N68,000-N71,000, while a 25kg bag now costs between N34,500 and N36,500.
The price of beans has increased from N90,000-N96,000 to N111,000-N115,000. Cooking oil prices have also surged, with a 25-litre container now costing between N62,000 and N65,000, up from N56,000.
Residents like Otamiyo Yene and Naima Umar reported that they have had to cut back on the quantity of food purchased and focus on essential items. Habiba Muhammad mentioned that she now plans meals and compares prices before shopping.
The overall increase in food prices has led to a significant strain on household budgets, affecting the variety and quantity of food consumed.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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