The prices of frozen foods, pepper, staple foods such as rice and beans have increased as the Muslims celebrate the Eid-El-Fitri festivity commemorating the end of the 2025 Ramadan fast.
Daily Trust findings showed that a bag of rice increased to N75,000 from N62,000 while beans now cost N80,000 from about N70,000 when the Ramadan fast commenced a month ago.
Further findings revealed that a big bag of pepper has increased to N260,000 from N110,000 while the small bag increased to N110 from N23,000.
Daily Trust also gathered that a bag of tomatoes has moved up to N45,000 from N21,000.
Our correspondents who visited major markets in Ketu and Ogba observed an increase in patronage in Ketu and Ogba market.
Abdullahi Bashiru, a pepper seller, said the price of a basket of tomatoes increased to N50,000 from N25,000, signalling a 50 percent increase.
“A basket of tomatoes used to be N20,000–N25,000, but now it’s N50,000. That is more than double,” he said.
However, Bashiru expressed optimism that the prices will stabilize after the Sallah celebration, saying the price of pepper has dropped slightly, now selling for N100, 000 per basket, down from N120,000.
Also, in Ketu, Mrs. Joke Olusanya, a petty trader, said rice and beans are now more affordable.
“A derica of rice is now between N1,000 and N1,200, and a paint bucket is N6,000. Beans have also dropped from N1,500 per derica to N1,000. Salah is not affecting these prices so far,” she said.
While live chicken prices have remained stable, with layers still selling between N8,000 and N9,000, frozen poultry has gone up.
Mrs. Biodun Odubela, a frozen food seller, said a kilo of frozen chicken, which used to sell for N5,500, now costs N5,800, while frozen turkey has jumped to N9,000.
She attributed the increase to naira devaluation, border closures, and high customs tariffs.
Mrs. Modupe Dada, a frozen fish seller, said a pack of Kote fish previously sold for N45,000 now costs N75,000, while Titus fish, which used to be N100,000 per pack, has climbed to N113,000.
Despite the higher prices, she noted that the available fish are noticeably smaller. “Things are not improving. Market is not moving. Just look around; people are not buying as much as before,” she said.