Food prices in Nigeria have started to decrease for the first time in 18 months, offering relief to households struggling with high inflation.
Key staples like garri, tomatoes, and potatoes have seen significant price drops, thanks to better harvests and improved supply.
This decline has allowed many Nigerians, particularly those with limited incomes, to afford more nutritious meals.
Market surveys show that the prices of major food items, including tomatoes, garri, and potatoes, have significantly decreased in cities like Lagos, Onitsha, and Abuja.
For instance, the price of a big basket of tomatoes in Lagos fell by 58% from N120,000 to N50,000.
This trend is seen as a hopeful sign, providing some respite from the rising food inflation that has affected many Nigerians.
Experts urge the government to maintain this positive trend by addressing issues such as insecurity and providing more support to farmers.
While the recent drop in food prices is welcome, there are concerns about how long this reduction will last, given the ongoing challenges in agriculture and other economic pressures.
(Business Day)