Bleak Christmas for Owerri residents as food prices rise

0
248

Market

The current fuel scarcity has triggered hike in the prices of food items in Owerri as traders attributed the rise to the high cost of transportation.

Investigation on Saturday at the popular Relief market in Owerri showed that the price increase started as the fuel scarcity bites harder few days ago.

It was also gathered that as Christmas was fast approaching, the race to stock up food items reached its peak as suppliers struggled to meet demands.

At Relief Market in Owerri, a basket of tomatoes which previously sold for N6, 000 five days ago now goes for N10,000 while a bag of red pepper now cost N8,000, compared to its previous price of N5, 500 per basket.

“Similarly, a bag of pepper also increased from N10, 000 to N16, 000 while bag of onions, which was previously sold between N17,000 and N21,000 now goes from N28, 000 to N35,000, depending on the size.

Some of the…



Read More…..PM News