A surge in fuel prices has triggered widespread increases in the cost of food items, goods, and services across the Federal Capital Territory (FCT) with residents calling on the Federal Government to intervene urgently.
A market survey conducted in Abuja revealed that the rising cost of petroleum products—linked to the ongoing Middle East crisis—has significantly affected transportation, production, and overall living expenses.
Traders and consumers alike say the situation has reduced purchasing power, forcing many households to spend more on basic necessities.
At the popular Orange Market along the Abuja-Keffi road, the price of a large basket of tomatoes has surged from about ₦9,000–₦10,000 in February to between ₦30,000 and ₦35,000
Similarly, a bag of onions that previously sold for ₦15,000–₦25,000 is now priced between ₦40,000 and ₦45,000, while smaller quantities have also seen notable increases.
At Lugbe Market sweet potatoes have doubled in price, while yam and beans have recorded steady increases, reflecting the broader inflationary trend.
Traders in Karu, Wuse, Utako, Orozo, Nyanya, and other markets reported similar price hikes, with many attributing the trend to higher transport costs and supply chain disruptions.
Although some items, such as tomatoes in certain markets, have experienced slight price reductions due to fresh harvests, overall market activity remains subdued.
Beyond food items, the rising cost of fuel and unstable electricity supply have also driven up prices of essential services.
Distributors of sachet water and ice blocks say they now rely heavily on diesel to power production, leading to higher retail prices.
A bag of sachet water, which previously sold for about ₦300–₦350, is now priced between ₦450 and ₦500, while ice blocks have increased from ₦500 to as much as ₦800
Small business owners say the rising cost of diesel and fuel is eroding profits and limiting production capacity.
Residents have also expressed frustration over the rising cost of everyday services, including haircuts, which have more than doubled in some areas.
Consumers say they are adjusting their spending habits, prioritising essentials and buying in smaller quantities due to financial constraints.
Many stakeholders, including traders, business owners, and residents, have appealed to the Federal Government to address the root causes of the price increases, particularly fuel costs and electricity challenges.
They warn that without urgent intervention, the rising cost of living could further strain households and businesses across the country.
