Lagos Residents Struggle with Low Purchasing Power

Residents of Lagos have voiced their concerns regarding low purchasing power, which persists despite a reduction in food prices. Dr.

Dorka Ik, a medical practitioner from the Suruler area, noted that while food prices have stabilized, many residents cannot afford basic meals. For instance, the price of garri has dropped to between N1,200 and N1,500 for a paint bucket, but other food items like beef, chicken, and tomatoes remain costly.

Mr. Eugenia Uloma from the Dopemu area highlighted the high prices of essential items, stating that even eggs are now unaffordable at N6,000.

Mr. Cordelia Esho from Gbagada expressed surprise at the rising costs of tomatoes and peppers, despite the drop in garri prices.

He mentioned that he can only afford small quantities due to price increases. Mr.

Lilian Agunbiad from Aboru lamented that the current prices make it difficult for families to afford two square meals a day, contrasting the situation with previous years when food was more accessible.