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Agboju Traders, Residents Lament Hike Prices of Food Items

The continuous hike in the prices of food items has caused low patronage in the market as traders in Lagos state lamented hyperinflation in major food commodities.


News correspondent who visited a popular Agboju Market in Amuwo Odofin area of Lagos state gathered that the scarcity of farm products, high cost of petroleum products, hike in transportation, and lack of price control policies have contributed to the high cost of food items and low patronage in the market.

Kenneth Ogbonna, A foodstuff retailer when asked about the cost of some food items, he said: “For instance, 50kg of a bag of rice is sold N43,000 to N44,000 in the market. One paint rubber is N4000, half paint rubber is N2,000, and one Derica is N800.

” A bag of Oloyin or Honey beans as Nigerians we do call it is N68,000. That’s 50kg. One paint rubber is N4,000, Derica costs N800 in the market as at today.

“The 25 litres gallon of groundnut and vegetable oil sells for N28,000, 5 litres 6,000 and 1 litre is N1,000. A small bag of garri is N16,000, paint rubber is N1,000, Half paint N500, and Derica is N200.

“The prices of food commodities change day by day (going up).

“The market is also not moving faster than before. The customers we see, we try to persuade them to some of these products. The customers are also complaining the hike prices of the food items. Things are too cost and people are lamenting, both buyers and sellers.”

Another trader, Yemisi Yusuf, who sells pepper and tomato expressed: “One paint rubber of Tomato is N4,000 and the half paint is N2,000 in the market for now.”

Yusuf who is also yam seller in the Agboju Market disclosed further that a tuber of yam is N2,500 to N3,000, depending on the size and shape.

“The sales are not moving, customers are not coming to the market like before. We’ve enough farm products but no buyers,” she lamented.

Martins, a resident of Festac Town, said the high cost of food items is caused by many factors including insecurity. We’ve enough farmlands but our farmers can’t access it because of insecurity. Who will want him or herself to be kidnapped?”

He added that the Nigerian politicians are affecting the the masses. “We are importing country. There is a lot of money going out of the country. In Oil and Gas, we don’t export but import. The same thing in agriculture. We are rich, but we don’t manage our resources.”

A resident who pleaded anonymity said it was something that triggered the high prices of food items in the market. “As you can see, meet the market women and men ask for more about the situation in the market.” She added: “2023 will determine whether people are suffering or not if they don’t vote for the right candidate as things are costly which were not before.

“Food commodities have skyrocketed from beverages to noodles and seasoning. For foodstuffs. Meanwhile, someone must eat, especially those who have children who are at home.”

#festacnewsupdate



She concluded: “The government should do something about the high cost of food commodities and insecurity in the country so that the farmers can access their farmlands.”

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Fuel scarcity: PMS sells for N175, N190 in Amuwo Odofin, Lagos.

By:Fashina Shakiru.

As fuel scarcity persist and articulated tankers
lingering along corridors of Second Rainbow to Sunrise, Apapa/Oshodi expressway, some filling stations in Mile 2, Amuwo Odofin local government area of Lagos state sell the commodity at N190 per litre.

Mile2Comnews confirmed this after visits to some filling stations in Amuwo Odofin on Thursday. Based on our findings, only NNPC filling station at Apple junction is selling premium motor spirit (PMS) at N169 per litre as official price.

While many others filling stations have adjusted their pump prices like Peridot Oil & Gas at Festac Link bridge sell at N175 per liter, MRS, at Festac Link bridge, Tech Oil at 22 Road sell N180 per litre, and MRS at 6th Avenue sell N190 per litre.

Although, there were no many queues, besides the fact that PMS now sells at unofficial prices, in some filling stations in Amuwo Odofin local government area.

While speaking with Supervisor of NNPC station around Apple junction said, NNPC still maintain standard and official price of N169/litre.

He said, we can't adjust or change the price without directive from appropriate authority.

Reacting to this development, Okada rider, said, MRS at 6th Avenue Festac Town selling PMS N190 per liter while MRS at Apple Junction, selling N180 per litre, adding still surprise why the price not the same from MRS, in the same locations with different pump price

Danfor Driver, Segun Michael Daramola, lamented to Mile 2ComNews that most filling stations around Amuwo Odofin, sell between N175 and N190 per litre. He said: "this is affecting their commercial activities because the price is not stable."

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RAMPANT MANHOLE COVER THEFT IN FESTAC TOWN.

My good people of Festac. I greet you all.
It has become so worrisome the rate at which manhole and drainage covers are stolen in Festac almost on a daily basis.

Few days ago had a discussion with the FHA Zonal Manager Architect Akintola Olagbemiro on the issue.
We rubbed minds together and brainstormed on what to do.
The Zonal Manager then in company of some of his Senior Officers paid a visit to the Seriki Hausa of Festac Alhaji Mustapha Musa.
After a brief meeting the Seriki assured the Zonal Manager and his team that he will alert his men who are in charge of security in the Hausa Community some of which are Police Volunteers.

On getting back the office the following day it was discovered that two manhole covers in front of FHA office were stolen overnight.

I made a personal visit to the Divisional Police Officer (DPO) Festac Division to alert him on this issue of frequent theft of manhole cand drainage cover with vandalisation of vehicles.
He promised to intensify patrol with his men.
On getting out of the police station I discovered the two drainage covers close to the police station have been stolen.

Just two nights ago I led a patrol team of vigilante we patrol from 2.00am to 4.30am. We reached areas like 201, 202, 3rd Avenue, 512 Road, 721 Road, 71/ 72 Road, 23 Road, 24 Road, 322 Road, 312 Road, 511 Road... just to see if we could see any of the thieves on operation. We ended the patrol as it seem they were not out to operate that morning.

As God will have it luck ran out of some of them as they were caught cornered by the vigilante group of the Seriki Hausa around the Second gate/ Agboju axis while they were pushing the trucks laden with manhole covers.

They were paraded today at the Federal Housing Authority (FHA) office this morning were they later handed over to the Nigerian Security Civil Defense Corp (NSCDC) who are in charge of protecting Federal Government assets.

The civil defense has promised to prosecute the suspects.
One of the buyers of the stolen manhole was also arrested and he promised to take the civil defense to other buyers of the manhole and drainage covers.

We shall keep you updated on further happenings.
Please let's all be watchful and be security conscious.
Thank you all and God Bless.

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FESTAC ROAD REHABILITATION.

Good morning my good people of Festac Town.
I wish you all a happy weekend.

The situation of our roads in Festac is so terrible that we just have to look for urgent solution to save our cars from constant damage and to save our time wasted on the roads as sometimes we withnes unnecessary traffic gridlock and accidents.

We are not sleeping on this issue. We have been in talks with both Federal and State Government on a rescue mission for Festac Town Roads.
Whichever one that comes first shall be welcome by us.

Meanwhile we are also in collaborative effort with the Federal Housing Authority who promised to support the Association in the effort to do some parliative/relief measures on the road pending proper rehabilitation.

While FTRA is still mobilizing funds and individuals to support the parliative works FHA has swung into action and they have started stabilizing some damaged roads in Festac.

Let me say here that the top Management of FHA in Abuja and the South West office in Lagos have reached and advanced stage in discussion with Federal Roads Maintenance Agency (FERMA) to rehabilitate some roads in Festac Town with interlocking paving stones and asphalt where required.

This will soon commence as we are following up with FHA Management.

Meanwhile we say kudos to FHA for blazing the trail and kicking off with the parliative works first .

More reports as e dey happen.

Shola Fakorede.
President FTRA.

#festacnews

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