Abuja residents hail FG as food prices crash
Some Abuja residents have praised the Federal Government's efforts to lower food prices, claiming that the sharp decline in food prices has helped both Abuja residents and Nigerians nationwide.
In separate interviews with the News Agency of Nigeria in Abuja on Tuesday, the locals expressed their gratitude.
Food trader Mrs. Vivian Uche at Lugbe Market commended the Federal Government's action, claiming it prevented the nation's food costs from rising.
In separate interviews with the News Agency of Nigeria in Abuja on Tuesday, the locals expressed their gratitude.
Food trader Mrs. Vivian Uche at Lugbe Market commended the Federal Government's action, claiming it prevented the nation's food costs from rising.
"I sell rice, beans, and other food items; the market prices have significantly decreased. A few months ago, a bag of rice cost N76,000; today, it only costs N55,000.
"A Gari module used to cost N1,000/1,200, but it is now N500/600. Depending on quality, beans decreased from N3,000 to N600/800. This also applies to yam flour and the other ingredients.
"To be honest, this is a relief for both us traders and the consumers who purchase our goods," she remarked.
Mrs Ifeoma Iwuji, a civil servant, said the efforts of the federal government toward making food more available and affordable in Abuja and across the country could not be overemphasised.
According to her, the government has implemented policies that have increased food supply, leading to surplus and subsequently lowering the food prices.
“The cost of food has been a major burden; with the price dropping, we can now afford to buy more food,’’ she said.
Mrs Cynthia Chukwuma, a buyer at the Lugbe market, said what the federal government did was good, urging that the sustainability of the low cost of the food items would be better.
“We need to see if this price drop is sustainable for a long time. We have seen prices of foodstuffs drop before, only for them to increase again. For now, families are enjoying lower food prices.
Mr Kayode Iyiola, a mechanised farmer, told NAN that food prices had dropped nationwide due to the federal government’s intervention and other factors.
According to him, the ongoing harvest season has led to an increase in food supply, causing prices to decrease, and improved security in farming areas has also contributed to the reduction.
“Now that they have access to their farms, farmers can increase food production. The federal government's free import waiver has also caused a spike in low-cost imports, which has further reduced prices.
He stated, "The government's intervention, such as subsidised fertiliser distribution and dry-season farming initiatives, has also supported the price drop."
However, Kayode clarified that many Nigerians continued to struggle with low purchasing power and stagnating salaries, making it challenging to afford necessities like food.
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