Current lists of foodstuff in the market compared to that of last year (2023)
Big bull rice 50kg Now N98,000 Then N46,000
Kings oil 1litre Now N3,500 Then N1,400
Okpa (Barbara seed) Now N13,000 Early February was still sold @N3,000
Beans (painter) Now N7,500 Then N3,200
Palm oil (Bottel) Now N2,200 Then N800
Nan 1 milk baby milk Now N11,000 Then N2,800
Ikg of meat Now N8,000 Then N3,400
A crate of egg Now N6,200 Then N3,600
Soybeans Now N8,000 Then N2,800
Investogists gathered that people can no longer afford to give their children nutritious, protein-rich foods due to the rising cost of foodstuffs. Prices continue to soar, creating instability in the market.
Mrs. Adeoti, who has a two-month-old daughter, shared her concerns, stating that she has started giving her daughter pap but sometimes omits milk from her meals in order to stretch a tin of milk for an entire month.
Saliu Garuba mentioned that he has three sources of income, yet it is still not enough to feed his family. Consequently, his 10-year-old child has begun hawking goods to help make ends meet.
Chinedu expressed that the balanced 1:1:1 meal pattern in his home is no longer feasible and that his family now resorts to a 1:0:1 ratio or even less.
amilies are urging President Bola Tinubu’s government to address the escalating cost of food and consider measures that would help improve the lives of growing children. They hope for subsidies on essential items such as milk, fish, and other nutritious foods necessary for healthy development.
In this current situation, how best can a family of 5 manage the children with a total income of N250,000 per month.
Engineer, Entrepreneur, forex trader and Analyst
