New prices of pepper, tomato emerge ahead of Eid-el-Fitr

• A tiny container of peppers present costs N110,000 alternatively of N23,000, and a ample container present costs N260,000 alternatively of N80,000
• Additionally, a container of tomatoes utilized to outgo N21,000, but contiguous it costs N45,000
• Poll conducted successful large markets showed that the quantity purchased past period was little costly than this month

Legit.ng writer Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

A ample container of peppers present costs N260,000 alternatively of N80,000, portion a tiny container present costs N110,000 alternatively of N23,000.

In addition, a container of tomatoes present costs N45,000 alternatively of N21,000, according to probe by Daily Trust.

Customer complained that the handbasket of pepper, herb sold successful marketplace contains some ripe and unripe. Photo credit: James Marshall
Source: Getty Images

These terms increases, which went into effect successful March, correspond a much than 100% summation from February.

The terms of the quantity purchased past period was little than this month, according to a survey done successful large markets successful Lagos and Ogun.

Pepper and tomatoes were little costly past period than this month, according to Abdulahi Yerima Shehu, a capsicum vendor astatine Ogba market. He emphasized that a ample container of capsicum present costs N260,000 alternatively of N80,000.

“The prices of capsicum and tomatoes past period are antithetic from this month. It was cheaper past month, I bought the highest container for N80,000 but present it is N260,000 portion the tiny container that was sold astatine N20,000-N23,000 is present N110,000. Also, earlier I utilized to bargain a large bag of tomatoes for N18,000 -N21,000 but present it is N45,000,” helium said.

He said galore of his customers person complained implicit the summation successful the cost of pepper, saying,

“My customers person been complaining but I explicate to them that capsicum is costly but I assured them that the terms volition trim successful the adjacent mates of weeks. The marketplace is moving well, adjacent though it is expensive, my customers are trying. I indispensable admit them,” helium said.

Many farmers are reporting losses, according to Abeokuta capsicum vendor Alhaji Bala Yaro, who blamed the emergence connected improper retention and a shortage of insecticide.

He besides mentioned that the outgo of tomatoes has gone up from N35,000 to N45,000, and the terms of a container of capsicum has gone up from N100,000 to N165,000.

“These are the challenges we are facing, we are pleading with the authorities to assistance us,” helium said.

Customers person complained implicit the summation successful the outgo of pepper. Photo Credit: Tolu Owoeye
Source: Getty Images

Moyosore Salami, a customer, complained that the handbasket inactive contains some ripe and unripe items contempt the increase.

“It is expensive, particularly pepper, tomatoes are inactive good cheap. I person issues with Lagos pepper,” she said.

Tomato prices clang crossed markets

Legit.ng reported that Prices of tomatoes person yet plunged, acknowledgment to the harvest play abundance.

Reports from traders and farmers uncover that the excess tomatoes successful the marketplace caused a large clang successful prices.

A 50kg handbasket of tomatoes present sells for arsenic debased arsenic N10,000 to N12,000 successful immoderate states successful Nigeria.

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Source: Legit.ng