Price of Foodstuff drops in the market

In front of Christmas festivity , costs of tomatoes , pepper and onions have decreased by around 45% cost in Lagos, checks have revealed .

Value checks at Mile 12 , Whitesand , Iddo and Oko Oba sells market in Lagos on Monday, uncovered that the drop in costs was because of bumper agricultural harvest produce.

A basket of tomatoes , which already sold for N15 , 000 now goes for N8 , 000 while red pepper ( tatashe ) now cost N8000 contrasted with its past cost of N14 , 000 a basket .

A container of bean stew pepper, chilli pepper ( rodo ) likewise diminished from N18 , 000 to N10 , 000 and a jute sack of onions, which already cost N30 , 000, now goes for N20 , 000.

A 25 - liter of vegetable oil , which already sold for N11 , 500, now cost N10 , 700 , palm oil diminished from N11 , 000 to N10 , 300, while a measure of garri now cost N400.

However , the cost of a 50 - kilogram sack of rice ran between N13 , 500 to N17 , 000, contingent upon the brand while a measure of beans cost N1 , 500 .

The representative for Mile 12 Market Traders group, Mr Femi Odusanya credited the value to continuous harvest season for the greater part of the products .

" Over 20% of the yearly four million metric huge amounts of tomatoes delivered in the nation is provided to Mile 12 Market every year and redistributed to more than 400 markets in Lagos and Ogun State and six ECOWAS nations.

" About 200 , 000 metric huge amounts of the 800 , 000 metric huge amounts of tomatoes every year provided to Mile 12 Market get squandered due to postharvest misfortunes .

" Presently, the supply of the products in the market is more than the request since farmers started harvesting in December and there would be surplus in the market until the point of April when the surplus season would end.