By Joyce Obamiyi
Lokoja residents are beginning to experience some economic relief following a significant drop in the prices of staple food items across major markets in the city.
A market survey conducted at the popular Lokoja Old Market shows that the price of a measure of beans, which previously sold for as high as ₦4,000, now goes for about ₦1,800 while prices of rice and perishable items such as tomatoes, onions, and peppers have also declined in recent weeks.
In parts of Okun land, Kogi State, a tuber of yam now sells between ₦400 and ₦600, compared to the previous ₦1,000 to ₦1,500, depending on size and quality.
Similarly, garri has regained its place on many tables as prices continue to drop.
At Kpata Market in Lokoja, the price of a bag of high-quality garri has fallen from ₦4,000 to ₦2,000.
Speaking to Radio Nigeria, Mrs. Salisu expressed excitement over the fall in food prices, particularly beans.
Another trader, Hajia Fatima of the Old Market, attributed the price drop to increased local supply of grains and seasonal factors.
Despite these gains, many residents say the relief was limited, as high transportation costs driven by soaring fuel prices and spare parts continue to erode household budgets.
Mr. Kolawole, a Lokoja resident, lamented that he spends more on transportation to and from the market, a burden that offsets any savings from lower food prices.
Tricycle (Keke Napep) operators also warned that unless the cost of fuel and spare parts is addressed, the reduction in food prices may not translate into real relief for average consumers.
Edited by Ajifa Ainoko
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