The 'Easter Sales syndrome' has taken its usual toll as the prices of frozen foods in markets across Lagos has increased slightly.
A market survey conducted by the News Agency of Nigeria on Friday in Lagos at Abattoir market, Agege, showed that prices of Cow meat have gone up. Mallam Adamu Abubakar, a Cow seller attributed the rise in the price of Cow meat to the increase of the cost of Cows. He told NAN that a Cow that was sold at N70,000 before the Easter period costs about N80,000 now.
"Up till Monday this week, the price of Cow was N70,000, but I was surprised when I got back to the market yesterday and found that a Cow of the same size was selling for N80,000."
Because of this, the retailers increased the price of meat to the detriment of consumers.
The check also revealed that prices of cartons of frozen Chicken haven risen from N7,000 to N7,500 each.
Also, a kilogramme of frozen Chicken that used to sell at N600, now sells at N650. A trader, Mrs. Titilope Adewuyi, attributed the increase to the scarcity of frozen foods in the market.
"Frozen foods are scarce in the market now, and only a few traders that have it in stock increased their prices, so the customers don't have a choice but to buy," she said.
Mrs. Bolanle Bankole, a Fish seller, told NAN that she had sold up to eight cartons of Fish in retails because many people who could not afford meat had turned to Fish.
Mr. Jimoh Haruna, who sells live Chicken, also told NAN that price of a big-sized broiler had increased to N2,500 from N1,500, while a big old layer Chicken which was sold for N1,300 now sold for N1,900.
"We have recorded low patronage due to the hike in the price of Chicken in the market, customers have been complaining and hope that the price would be reduced," he said.
The 'Easter Sales syndrome' has taken its usual toll as the prices of frozen foods in markets across Lagos has increased slightly.
A market survey conducted by the News Agency of Nigeria on Friday in Lagos at Abattoir market, Agege, showed that prices of Cow meat have gone up. Mallam Adamu Abubakar, a Cow seller attributed the rise in the price of Cow meat to the increase of the cost of Cows. He told NAN that a Cow that was sold at N70,000 before the Easter period costs about N80,000 now.
"Up till Monday this week, the price of Cow was N70,000, but I was surprised when I got back to the market yesterday and found that a Cow of the same size was selling for N80,000."
Because of this, the retailers increased the price of meat to the detriment of consumers.
The check also revealed that prices of cartons of frozen Chicken haven risen from N7,000 to N7,500 each.
Also, a kilogramme of frozen Chicken that used to sell at N600, now sells at N650. A trader, Mrs. Titilope Adewuyi, attributed the increase to the scarcity of frozen foods in the market.
"Frozen foods are scarce in the market now, and only a few traders that have it in stock increased their prices, so the customers don't have a choice but to buy," she said.
Mrs. Bolanle Bankole, a Fish seller, told NAN that she had sold up to eight cartons of Fish in retails because many people who could not afford meat had turned to Fish.
Mr. Jimoh Haruna, who sells live Chicken, also told NAN that price of a big-sized broiler had increased to N2,500 from N1,500, while a big old layer Chicken which was sold for N1,300 now sold for N1,900.
"We have recorded low patronage due to the hike in the price of Chicken in the market, customers have been complaining and hope that the price would be reduced," he said.
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