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COVID-19: Inflation hits prices of foodstuffs

COVID-19: Inflation hits prices of foodstuffs

Prices of food items have shut-up in some parts of the Federal Capital Territory due to the coronavirus pandemic ravaging the globe in recent times.

A market survey conducted at Lugbe, a satellite town in Abuja, yesterday, showed an upsurge in prices of many staple foods.

Mr Abel Ikechukwu, who sells bags of rice, said the COVID-19 pandemic had really impacted on the price of rice in the FCT.

According to Ikechukwu, prior to the COVID-19 pandemic, a bag of locally produced rice was selling at N14,500 and is now N19,500.

He said the price of imported rice, previously selling between N22,000 and N23,000 now sells at N30,500.

He further said that with the government’s lockdown order, prices of food commodities would continue to rise.

Mrs Chioma Peters, a garri dealer, corroborated Ikechukwu’s view, saying COVID-19 scare was largely responsible for the hike in the prices of food items in markets.

Peters said that the price of a bag of garri (fried cassava flour), hitherto selling for N13,000, now sells at N16,000.

She said that it was quite pathetic and that if the situation escalated or became prolonged, there could be untold hardship and hunger in the land.
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