P
ProfRem
Guest
The current hardship sweeping across Imo State, hit a feverish pitch, weekend, as the prices of some major staple foods have gone out of the reach of many families.
Vanguard investigation revealed that in some markets in Owerri, most food items had gone up by 100 to 150 percent in the state.
A bag of rice now goes for between N23,000 and N25,000, as against N8,000 in 2014.
Similarly, 30-litre container of palm oil that was sold for N5,000, now goes for N12,500, while a measure of beans now sells for N1,500 as against N500.
A tiny ball of onion sells for between N10 and N20, depending on the bargaining power of the buyer, as a small paint bucket of garri, which was sold for N300 now goes for between N700 and N850.
Most residents told Vanguard said that their purchasing power has gone down so badly that they are barely managing to survive.
“We have either deleted completely or reduced the frequency of serving some foodstuffs in my family’s menu.
“Food items have really gone out of the reach of poor people in Imo State”, a widowed mother lamented.
Vanguard investigation revealed that in some markets in Owerri, most food items had gone up by 100 to 150 percent in the state.
A bag of rice now goes for between N23,000 and N25,000, as against N8,000 in 2014.
Similarly, 30-litre container of palm oil that was sold for N5,000, now goes for N12,500, while a measure of beans now sells for N1,500 as against N500.
A tiny ball of onion sells for between N10 and N20, depending on the bargaining power of the buyer, as a small paint bucket of garri, which was sold for N300 now goes for between N700 and N850.
Most residents told Vanguard said that their purchasing power has gone down so badly that they are barely managing to survive.
“We have either deleted completely or reduced the frequency of serving some foodstuffs in my family’s menu.
“Food items have really gone out of the reach of poor people in Imo State”, a widowed mother lamented.
