Economic Hardship: Price of Spaghetti jumps to N950 from N80, single egg N300, butter N1,400, sardine N1,020, 50Kg bag of rice N77,000 — Report

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Economic Hardship: Price of Spaghetti jumps to N950 from N80, single egg N300, butter N1,400, sardine N1,020, 50Kg bag of rice N77,000 — Report.



The prices of staple food have gone up amid worsening inflation, Peoples Gazette is reporting.


It is reported that since President Bola Tinubu assumed office on May 29, 2023, his economic policies have made life more difficult for Nigerians. On Thursday, the National Bureau of Statistics (NBS) said Nigeria’s inflation rate climbed to 29.90% in January 2024.


Market findings conducted by Peoples Gazette have now revealed that one pack of Spaghetti that was formerly N80 is now N950; one carton of Titus fish which used to be N40,000, is now N76,000; one medium size of Blue Band butter that was once N500, is now N1,400; the price of 50kg bag of rice has risen to N77,000 from N35,000, while a 100kg bag of dry white old maize that used to be N18,000 is now sold for N58,000. One packaged Titus sardine which used to be N350, is now N1,020.

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