High prices of commodities



The incessant increases in prices of commodities in many markets in some parts of Nigeria are alarming. According to the National Bureau of Statistics (NBS) the prices of some food items have shot up by 30 percent in many markets.

Nigeria has more than 70 per cent of its populace living below the poverty line, and unfortunately, as the demand for goods and services increase, so the prices of such goods and services increase in the . Consumers and traders are groaning over the rapid rise in the prices of food items coupled with the in the country.

Recently, the Food and Agricultural Organisation (FAO) warned that food was looming in particularly in Nigeria due to the ravaging effect of and displacements of . Nigerians are lamenting, calling on the to find a solution in tackling the skyrocketing prices of food items, and just as the saying goes “A hungry man is an angry man”.

Aisha Muhammad,

Department of Mass Communication,

University of Maiduguri

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