Traders and consumers are currently lamenting as prices of food commodities keep skyrocketing.
Some of the consumers bemoaned the scarcity of some foodstuffs in the market.
Punchng correspondent who visited Magboro Market in the Obafemi Owode Local Government Area of Ogun State, on Tuesday, gathered that prices of food items, such as melon, onions, frozen foods, and tomatoes have doubled.
A trader, who gave his name simply as Mr Najanko, said the abrupt change in the price of onions was becoming unbearable
He said, “I can’t just believe that I sold these same onions five months ago. Some months ago, I bought a bag of onions for N30,000, when I got to the market last two months, I purchased the same bag for N50,000.”
Najanko lamented that the hike in price is eating deep into his profit.
“I barely make a profit again. A bag of onions last month was N70,000. But to my shock, when I got to the market last Saturday, a bag of onions is now N120,000. How will one make a profit?” he wondered.
A buyer, who simply identified herself as Mummy Bright, said, “All the food items are too expensive. Before, a paint of melon was N4,500. Today, what I bought last week has increased to N5,000.
“Tomatoes are now becoming as expensive as gold. We hardly see it in the market again. The government should help to improve the agricultural sector in Nigeria.”