• About Us
  • Advertise With Us
  • Contact Us
  • Donate
Sunday, April 12, 2026
Daily Intel Newspapers
  • Login
  • Welcome
  • Special reports
    • All
    • Unedited for the record
    His continued incarceration  a source of pain for Ndigbo, Ohanaeze says in a renewed call for Kanu release

    His continued incarceration a source of pain for Ndigbo, Ohanaeze says in a renewed call for Kanu release

    Trump: Iran’s new supreme leader alive but ‘damaged’

    Iran has undergone ‘regime change’, says Trump

    For daring the ruling class, Nigeria military dismisses soldier who urged children of the elites to join fight against bandits

    For daring the ruling class, Nigeria military dismisses soldier who urged children of the elites to join fight against bandits

    Dangote refinery raises petrol price for the fifth time in March from N774 to N1275 per litre

    Dangote refinery raises petrol price for the fifth time in March from N774 to N1275 per litre

    Police promotes  seven AIGs to DIGs

    Police promotes seven AIGs to DIGs

    BREAKING: Iran’s supreme Leader Ali Khamenei confirmed dead

    Iran state media confirms Ayatollah Ali Khamenei death

  • Metro News
    FCT NAWOJ demands justice for women

    FCT NAWOJ demands justice for women

    FCT suspends riders, drivers  levy over multiple taxation complaints

    FCT suspends riders, drivers levy over multiple taxation complaints

    Wike nullifies 485 R of O applications over fake allocation papers

    Wike nullifies 485 R of O applications over fake allocation papers

    FCTA begins crackdown on  1,095 abuja properties over non-payment of statutory charges

    Wike has met 10 out of 14 workers demands, says aide

    FCTA removes 607 beggars, mentally challenged from Abuja streets

    FCTA removes 607 beggars, mentally challenged from Abuja streets

    FCTA workers announces indefinite strike over tenure elongation of retired perm sec, directors ,others

    FCTA workers announces indefinite strike over tenure elongation of retired perm sec, directors ,others

  • Latest News
    • All
    • Crime watch
    Kano lawmaker Mohamed Hassan is dead

    Kano lawmaker Mohamed Hassan is dead

    Gunmen abduct Delta LG chairman

    Gunmen abduct Delta LG chairman

    Police confirms killing of monarch, security operative in Imo

    Police confirms killing of monarch, security operative in Imo

    NIS boss suspends comptrollers, orders probe into alleged border extortion

    NIS boss suspends comptrollers, orders probe into alleged border extortion

    His continued incarceration  a source of pain for Ndigbo, Ohanaeze says in a renewed call for Kanu release

    His continued incarceration a source of pain for Ndigbo, Ohanaeze says in a renewed call for Kanu release

    Terrorists kill five forest guards, kidnap two others in Kwara community

    Terrorists kill five forest guards, kidnap two others in Kwara community

    Trending Tags

  • Infotech
    Amazon turns to artificial intelligence after cutting 16,000 jobs.

    Amazon turns to artificial intelligence after cutting 16,000 jobs.

    Cyber attack disrupts European airports

    Cyber attack disrupts European airports

    NIMC partners online publishers to boost digital security through NIN enrollment

    NIMC partners online publishers to boost digital security through NIN enrollment

    Facebook set new monetization rules for creators who uses other people content

    Facebook set new monetization rules for creators who uses other people content

    Senate approves restoration of Aniocha North II State Constituency, Delta

    Bill mandating social media platforms to have physical office, records of employees pass second reading at the Senate

    Nigeria investigated  213 privacy breaches in 2024-NDPC

    Nigeria investigated 213 privacy breaches in 2024-NDPC

  • World conflict & diplomacy
    Trump: Iran’s new supreme leader alive but ‘damaged’

    Iran has undergone ‘regime change’, says Trump

    China, Russia abstain as UN adopts resolution condemning Iran’s attacks on Gulf

    China, Russia abstain as UN adopts resolution condemning Iran’s attacks on Gulf

    Iran President apologises to neighbouring countries for attacks

    Iran President apologises to neighbouring countries for attacks

    BREAKING: Iran’s supreme Leader Ali Khamenei confirmed dead

    Iran state media confirms Ayatollah Ali Khamenei death

    US evacuates citizens from Israel as tension with Iran peaks

    US evacuates citizens from Israel as tension with Iran peaks

    Former UK prime minister Blair, Witkoff, Rubio on the list of  Trump’s Gaza ‘Board of Peace ‘

    Former UK prime minister Blair, Witkoff, Rubio on the list of Trump’s Gaza ‘Board of Peace ‘

  • Africa
    Trump makes up with Sahel Juntas, with eye on US interests

    Trump makes up with Sahel Juntas, with eye on US interests

    Gov Otti to immortalise 1929 Aba Women’s Riot heroines

    Gov Otti to immortalise 1929 Aba Women’s Riot heroines

    93-year-old ex-Belgian diplomat to stand trial over 1961 killing of Congo leader Patrice Lumumba

    93-year-old ex-Belgian diplomat to stand trial over 1961 killing of Congo leader Patrice Lumumba

    Nigerian Muslims, others should be protected against islamophobia- UN Secretary General

    Nigerian Muslims, others should be protected against islamophobia- UN Secretary General

    DRC conflict: US imposes visa restrictions on Rwandan officials for sponsoring M23

    DRC conflict: US imposes visa restrictions on Rwandan officials for sponsoring M23

    Senegal pushes for stiffer punishment for same-sex offenders

    Senegal pushes for stiffer punishment for same-sex offenders

No Result
View All Result
  • Welcome
  • Special reports
    • All
    • Unedited for the record
    His continued incarceration  a source of pain for Ndigbo, Ohanaeze says in a renewed call for Kanu release

    His continued incarceration a source of pain for Ndigbo, Ohanaeze says in a renewed call for Kanu release

    Trump: Iran’s new supreme leader alive but ‘damaged’

    Iran has undergone ‘regime change’, says Trump

    For daring the ruling class, Nigeria military dismisses soldier who urged children of the elites to join fight against bandits

    For daring the ruling class, Nigeria military dismisses soldier who urged children of the elites to join fight against bandits

    Dangote refinery raises petrol price for the fifth time in March from N774 to N1275 per litre

    Dangote refinery raises petrol price for the fifth time in March from N774 to N1275 per litre

    Police promotes  seven AIGs to DIGs

    Police promotes seven AIGs to DIGs

    BREAKING: Iran’s supreme Leader Ali Khamenei confirmed dead

    Iran state media confirms Ayatollah Ali Khamenei death

  • Metro News
    FCT NAWOJ demands justice for women

    FCT NAWOJ demands justice for women

    FCT suspends riders, drivers  levy over multiple taxation complaints

    FCT suspends riders, drivers levy over multiple taxation complaints

    Wike nullifies 485 R of O applications over fake allocation papers

    Wike nullifies 485 R of O applications over fake allocation papers

    FCTA begins crackdown on  1,095 abuja properties over non-payment of statutory charges

    Wike has met 10 out of 14 workers demands, says aide

    FCTA removes 607 beggars, mentally challenged from Abuja streets

    FCTA removes 607 beggars, mentally challenged from Abuja streets

    FCTA workers announces indefinite strike over tenure elongation of retired perm sec, directors ,others

    FCTA workers announces indefinite strike over tenure elongation of retired perm sec, directors ,others

  • Latest News
    • All
    • Crime watch
    Kano lawmaker Mohamed Hassan is dead

    Kano lawmaker Mohamed Hassan is dead

    Gunmen abduct Delta LG chairman

    Gunmen abduct Delta LG chairman

    Police confirms killing of monarch, security operative in Imo

    Police confirms killing of monarch, security operative in Imo

    NIS boss suspends comptrollers, orders probe into alleged border extortion

    NIS boss suspends comptrollers, orders probe into alleged border extortion

    His continued incarceration  a source of pain for Ndigbo, Ohanaeze says in a renewed call for Kanu release

    His continued incarceration a source of pain for Ndigbo, Ohanaeze says in a renewed call for Kanu release

    Terrorists kill five forest guards, kidnap two others in Kwara community

    Terrorists kill five forest guards, kidnap two others in Kwara community

    Trending Tags

  • Infotech
    Amazon turns to artificial intelligence after cutting 16,000 jobs.

    Amazon turns to artificial intelligence after cutting 16,000 jobs.

    Cyber attack disrupts European airports

    Cyber attack disrupts European airports

    NIMC partners online publishers to boost digital security through NIN enrollment

    NIMC partners online publishers to boost digital security through NIN enrollment

    Facebook set new monetization rules for creators who uses other people content

    Facebook set new monetization rules for creators who uses other people content

    Senate approves restoration of Aniocha North II State Constituency, Delta

    Bill mandating social media platforms to have physical office, records of employees pass second reading at the Senate

    Nigeria investigated  213 privacy breaches in 2024-NDPC

    Nigeria investigated 213 privacy breaches in 2024-NDPC

  • World conflict & diplomacy
    Trump: Iran’s new supreme leader alive but ‘damaged’

    Iran has undergone ‘regime change’, says Trump

    China, Russia abstain as UN adopts resolution condemning Iran’s attacks on Gulf

    China, Russia abstain as UN adopts resolution condemning Iran’s attacks on Gulf

    Iran President apologises to neighbouring countries for attacks

    Iran President apologises to neighbouring countries for attacks

    BREAKING: Iran’s supreme Leader Ali Khamenei confirmed dead

    Iran state media confirms Ayatollah Ali Khamenei death

    US evacuates citizens from Israel as tension with Iran peaks

    US evacuates citizens from Israel as tension with Iran peaks

    Former UK prime minister Blair, Witkoff, Rubio on the list of  Trump’s Gaza ‘Board of Peace ‘

    Former UK prime minister Blair, Witkoff, Rubio on the list of Trump’s Gaza ‘Board of Peace ‘

  • Africa
    Trump makes up with Sahel Juntas, with eye on US interests

    Trump makes up with Sahel Juntas, with eye on US interests

    Gov Otti to immortalise 1929 Aba Women’s Riot heroines

    Gov Otti to immortalise 1929 Aba Women’s Riot heroines

    93-year-old ex-Belgian diplomat to stand trial over 1961 killing of Congo leader Patrice Lumumba

    93-year-old ex-Belgian diplomat to stand trial over 1961 killing of Congo leader Patrice Lumumba

    Nigerian Muslims, others should be protected against islamophobia- UN Secretary General

    Nigerian Muslims, others should be protected against islamophobia- UN Secretary General

    DRC conflict: US imposes visa restrictions on Rwandan officials for sponsoring M23

    DRC conflict: US imposes visa restrictions on Rwandan officials for sponsoring M23

    Senegal pushes for stiffer punishment for same-sex offenders

    Senegal pushes for stiffer punishment for same-sex offenders

No Result
View All Result
Daily Intel Newspapers
No Result
View All Result
Home Business

Abia, Imo residents blames fuel subsidy, naira devaluation for rising food prices

Daily Intel Newspaper by Daily Intel Newspaper
November 18, 2024
NEMA donates maize, garri to Akwa Ibom

#image_title

Share on FacebookShare on TwitterChat With Us Live

Residents of Imo and Abia have blamed the rising food prices on the prohibitive cost of transporting goods.

Prices of various foodstuffs, especially farm produce, have continued to skyrocket, notwithstanding the season of harvest.

Several Owerri residents said that the high transportation cost directly impacted the removal of the fuel subsidy.

A cassava farmer, Chikaodi Igbokwe, said that although this is the period of harvest, farmers were paying through their noses to move their produce from the farm to the market.

Ms Igbokwe said, “We pay heavily to transport produce from the farm to the market, and this factor explains the hike in the prices of food items.”

An economist, Henry Acho, said that the prices of basic food items were in “constant competition with the increasing prices of basic services.”

Mr Acho said that since farmers and food vendors depend on the gains made from their goods to be able to pay for manufactured goods and social services, “it is unlikely to expect them to sell at giveaway prices.

“The inflation is general and not just about food items. What has not inflated? Education and healthcare services, as well as landed property and social services – all are on the rise,” he said.

A senior staff member of the state Ministry of Agriculture, Ken Chukwuemeka, said that the Imo government was taking steps to cushion the impact of inflation on citizens.

According to Mr Chukwuemeka, farmers have recently received inputs and palliatives from the state government.

Harriet Ijeomah, the executive director of Harsco Media and Communication, a media consultancy firm with strong interests in agriculture, urged the federal government to empower farmers in the southern part of the country.

Ms Ijeomah said empowering farmers would help them produce more and encourage competition between the farmers in the south and their northern counterparts, who produce more.

She also advised the government to release more grants for farmers to enable them to overcome challenges, such as climate change, which is currently impeding food production.

In Abia, some agriculture stakeholders decried the hike in prices of food items and adduced various reasons for the challenge. They cited high inflationary rates crippling productivity, hikes in transport fares, and poor farm yields, among other factors that made the hike in food prices inevitable.

A member of the Governing Council of the Federal University of Technology Owerri, Monica Ironkwe, said that the high cost of production directly affects food prices.

Ms Ironkwe, Abia’s former agriculture commissioner, said that naira devaluation, high cost of transportation and rural-urban migration have contributed to food price hikes.

According to her, the significant drop in the number of people who are into farming made it difficult for the current food production level to meet the food needs of the nation’s increasing population.

She said that the first step to conquering the current situation remained a major shift from subsistence farming to commercialised agriculture.

Ms Ironkwe called on the National Universities Commission to include ‘Practical Agriculture’ in its curriculum, thereby making it a mandatory course for undergraduates in the universities. She described it as an innovative strategy for tackling the problem of food insecurity in Nigeria.

A trader, Bright Agomoh, said that the high cost of transportation caused by fuel price hikes had been a constant causative factor in the increase in prices of food items.

Mr Agomoh, who said he bought his commodities directly from farmers in the north, also blamed insecurity as a serious challenge affecting crop production and prices.

Mr Agomoh further cited greed amongst some farmers and sellers as another factor responsible for the persistent hike in the cost of food items, the harvest season notwithstanding.

According to him, a bag of beans sells at N245,000, a bag of potatoes between N20,000 and N25,000, a small bag of onions at N110,000 and a big bag at N150,000.

Mr Agomoh said the hike put a strain on the traders and buyers. He said that it was unfortunate that some individuals were taking undue advantage of the prevailing economic circumstance to profiteer at the expense of the end users.

He urged the federal government to reduce the fuel price, adding that the cost of transportation and food items would crash when the fuel price is reviewed downwards.

Mr Agomoh also urged the federal government to tackle terrorists and bandits head-on so that farmers would return to their farms without the fear of attack.

Ezinne Okoye, a rice farmer in Uzuakoli, Bende LGA in Abia, said the soaring prices of agricultural produce can easily be attributed to the high cost of production and transportation.

According to Ms Okoye, farmers are currently grappling with the challenges of the high cost of inputs and other factors of production.

Ms Okoye, who decried the country’s high inflation rate, said, “It is hurting local rice farmers and others. Except the government generally supports farmers by reducing the price of petrol or subsidising inputs for farmers, the situation would worsen, especially this Christmas season.”

Chidozie Kanu, a climate change expert for the Livelihood Improvement Family Enterprises-Niger Delta (LIFE-ND), Abia, blamed the increasing prices of foodstuffs majorly on climate change and insecurity.

Mr Kanu said that most farmers had yet to adjust to meeting the modalities of engaging the variations of irregular rainfall patterns.
He said that LIFE-ND, as a project, is taking its beneficiaries through combating or mitigating the climate change challenge.

He said that the project’s core priority is to boost the production of rice, cassava, oil palm and poultry in the state by taking the farmers in the 100 communities of its operations through the best varieties.

Abia’s agric commissioner, Cliff Agbaeze, identified conflict and
insecurity, climate change, and economic shocks are key factors contributing to the nation’s food insecurity.

Princess Daniels, who deals in garri, rice, and beans, stated that food items are costly because of transportation costs.

A yam seller, Hyginus Ekwuluo, said that the price of yam was determined by the cost of delivering it to the market.

“During President Goodluck Jonathan’s administration, we were buying a trailer-load of yam between N60,000 and N80,000 but it is between N1.6 million and N1.8 million now. A tuber of big yam now sells for N5,500 compared to three months ago, when it sold for N5000,” Mr Ekwuluo said.

John Anyahuru attributed the high cost of food prices to inflation, which, he said, is hindering productivity. Mr Anyahuru said that stealing farm produce because of hunger and poverty has reduced the number of people farming, hence the poor supply against high demand.

(NAN)

Share187Tweet117SendShare
Support Us Support Us Support Us
Daily Intel Newspaper

Daily Intel Newspaper

Next Post
How FCT Minister Wike illegally demolished N200bn properties in Abuja-Builders Association

Wike approves N70,000 Minimum Wage for FCTA workers

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR POST

  • CBN directs Moniepoint, others to stop registering new customers

    CBN gives Moniepoint, OPay, others go ahead to onboard new customers

    804 shares
    Share 322 Tweet 201
  • South-East importers, exporters threaten strike over Nigerian Shippers’ Council’s 200% rates hike

    653 shares
    Share 261 Tweet 163
  • BREAKING: President Tinubu approves the reappointment of Adaji as DG of NBC

    641 shares
    Share 256 Tweet 160
  • National Academy of Sciences endorses embryonic engineering

    635 shares
    Share 254 Tweet 159
  • Nigeria’s foreign reserves records $1.8bn fall in two months

    549 shares
    Share 220 Tweet 137

STAY CONNECTED

Follow Us

Categories

  • Africa
  • Aviation
  • Business
  • Citizen reporter
  • Corruption
  • Crime watch
  • Culture
  • Document
  • Education
  • Entertainment
  • Exclusive
  • Featured
  • Finance & economy
  • Foreign News
  • Health
  • Human rights & the people
  • Infotech
  • Interviews
  • Investigation
  • Judiciary
  • Latest News
  • Maritime
  • Metro News
  • News
  • Oil & gas
  • Opinion
  • Politics
  • Promoted
  • Science & Technology
  • Special reports
  • Special updates
  • Sports
  • Unedited for the record
  • World conflict & diplomacy

LATEST NEWS

Kano lawmaker Mohamed Hassan is dead

Kano lawmaker Mohamed Hassan is dead

April 11, 2026
Gunmen abduct Delta LG chairman

Gunmen abduct Delta LG chairman

April 11, 2026
  • About Us
  • Advertise With Us
  • Contact Us
  • Donate

© 2025 All Rights Reserved Daily Intel Newspapers

No Result
View All Result
  • Home
  • Special reports
  • Special updates
  • World conflict & diplomacy
  • Infotech
  • Metro News
  • Latest News
    • Human rights & the people
    • Unedited for the record
    • Judiciary
  • Finance & economy
  • Exclusive
  • Africa
  • Document
  • Education
  • Entertainment
  • Infotech
  • Investigation
  • Science & Technology
  • Aviation
  • Sports
  • Business
  • Culture
  • Finance & economy
  • Foreign News
  • Health
  • Corruption
  • Promoted
  • Crime watch

© 2025 All Rights Reserved Daily Intel Newspapers

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In