Tuesday, May 20, 2025
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

Rising prices: Food vendor decries losses, searches for another lucrative trade

Robert Imoh by Robert Imoh
July 2, 2024
in News
0
Rising prices: Food vendor decries losses, searches for another lucrative trade
1.6k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp
Owing to the rising prices of foodstuff, a food vendor, Mrs Grace Iorshe, says she is looking for another lucrative trade to replace her food business.

Iorshe told  Newsmen on Tuesday in Makurdi, that she had been running at a loss because of the rising prices of foodstuff and slow patronage.

She said a small basin of yam flour, popularly known as amala, which was sold for less than N15,000, was now being sold for N35,000.

Also Read:

. Businessman rewards policeman who rejected N150m bribe with land

. NAFDAC commends Tinubu for signing executive order to transform health sector 

. AU says Nigeria exceptional in implementing School Feeding Programme

. Rotational presidency good but…- Okupe

. Salihu’s brace earns El-Kanemi Warriors 2024 President Federation Cup win

 

According to her, she can no longer cope because she is not recouping her investment, let alone making any profit.

“So, trying to break after cooking is usually a big challenge. If I reduce the quantity in order to make a little profit that will sustain me in the business, my customers will complain bitterly.

“I am at a cross road now. I am contemplating leaving the business for another one that will be more lucrative.

“Before now selling of cooked food was a very lucrative business, but now the reverse is the case,” Iorshe said.

In a related development, some residents of Makurdi, who spoke in separate interviews with Newsmen, said the astronomical increase in the prices of foodstuff had made life more difficult as their meagre income could no longer accommodate their expenses.

Mrs Veronica Adi, a hair dresser said that a bushel of rice, which used to be Nigeria’s staple food, and was sold for between N12,000 and N18,000, had suddenly risen to as high as between N33,000 and N36,000.

Mr Samuel Yongo, a primary school teacher, who noted that yam, which used to be the cheapest food in Benue, had now become out of the reach of so many as a big tuber now cost between N3,500 and N4,500.

Mr Bernard Vingiryo, a civil servant, said that a bag of beans, which sold for about N80,000, was now being sold for as high as N220,000, depending on the size and quality.

Mr Iornumbe Num, a motorcyclist, decried the situation saying the government needed to do something fast to save many Nigerians that were now on the verge of death.

“We have not experienced this before. The government, particularly the Federal Government, should put price control mechanisms in place to check arbitrary increase of prices by business people,” Num said.

Tags: foodstuffinflationRising price
Share26Tweet16Send
Previous Post

Alleged robbery, car theft: Two dismissed soldiers, four others arrested

Next Post

Global economic downturn: Dangote urges government to protect local industries

Related Posts

Burkina Faso military leader, Traore, storms Mahama’s swearing-in with his pistol, bodyguards (see pix)
News

Ibrahim Traore: Here Comes The Nemesis, by Kola Johnson

May 20, 2025
NSF: Panic over fire outbreak at Alake Sports Complex, as Ogun Govt says ‘no cause for alarm’
Breaking News

NSF: Panic over fire outbreak at Alake Sports Complex, as Ogun Govt says ‘no cause for alarm’

May 20, 2025
Preservation of culture, tradition key to Nigeria’s economic revival – Gani Adams
News

Preservation of culture, tradition key to Nigeria’s economic revival – Gani Adams

May 20, 2025
Next Post
Global economic downturn: Dangote urges government to protect local industries

Global economic downturn: Dangote urges government to protect local industries

Army offers free medical services in Nnamdi Kanu’s community

South-East Governors move to secure Nnamdi Kanu's release

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

  • Anger as computer rejects some JAMB candidates

    ‘Candidate did not sit for UTME because he got to centre late. When result came out, he scored 350’

    88 shares
    Share 35 Tweet 22
  • Ex-Military Administrator dies at 69

    74 shares
    Share 30 Tweet 19
  • Lawyer who just secured bail for murder suspect shot dead

    72 shares
    Share 29 Tweet 18
  • Dangote: If I fully understood the challenges involved, I would not have attempted to build refinery

    69 shares
    Share 28 Tweet 17
  • Governor converts new Government House built by predecessor to hotel (see pix)

    159 shares
    Share 64 Tweet 40
  • 2027: Fasoranti endorses Tinubu, South-West NASS members

    67 shares
    Share 27 Tweet 17

Latest Stories

Burkina Faso military leader, Traore, storms Mahama’s swearing-in with his pistol, bodyguards (see pix)

Ibrahim Traore: Here Comes The Nemesis, by Kola Johnson

May 20, 2025
NSF: Panic over fire outbreak at Alake Sports Complex, as Ogun Govt says ‘no cause for alarm’

NSF: Panic over fire outbreak at Alake Sports Complex, as Ogun Govt says ‘no cause for alarm’

May 20, 2025
Preservation of culture, tradition key to Nigeria’s economic revival – Gani Adams

Preservation of culture, tradition key to Nigeria’s economic revival – Gani Adams

May 20, 2025
Former Librarian, Agnes Roleola, goes home at 67

Former Librarian, Agnes Roleola, goes home at 67

May 20, 2025
Umahi: Obasanjo is my father

Umahi to Peter Obi: With Tinubu’s achievements in South-East, this is the time to endorse his reelection

May 20, 2025
Senator Orji Uzor Kalu celebrates Okali Ubaka at 85, hails his fatherly legacy

Senator Orji Uzor Kalu celebrates Okali Ubaka at 85, hails his fatherly legacy

May 20, 2025

Court Dismisses VDM’s Objection in N1bn Defamation Suit, Orders N200,000 Costs

May 20, 2025
Freedom Online

© 2025 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result
  • #13921 (no title)
  • Advert Rates
  • APC ad
  • Archive Sitemap
  • Contact
  • Contact Us
  • Documents
  • Full Width
  • Homepage
  • Ogun State
  • Ogun State banner ad
  • P-A
  • P-A2
  • Privacy policy
  • Sample Page
  • Sample Page
  • Submit an article
  • Welcome

© 2025 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.