“The government must take decisive action to mitigate this crisis and alleviate the suffering of the populace,' Mr Obegolu said
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In recent years, food prices have risen across Nigeria as farmers abandon their farms due to insecurity. On Saturday, the ACCI said the surge in prices of essential food items such as rice, beans, cassava flour, tomatoes, pepper, onions, and others has aggravated the plight of the average citizen, rendering basic meals increasingly unaffordable for many households.
Mr Obegolu said there are growing concerns that this number has swelled over the past eight months, exacerbating the socio-economic landscape. “For instance, a measure of beans in the Federal Capital Territory and its environs now costs between N2000 to N2500, while garri is priced between N1200 to N2000. The affordability of rice, a widely consumed staple, has also been severely compromised,” he added.
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