• Latest
  • Trending
  • All
  • News
  • Politics
  • Science
  • World
  • Lifestyle
Food vendors lament rising cost of beans, seek FG’s intervention

Food vendors lament rising cost of beans, seek FG’s intervention

23/06/2024

₦47trillion later: A mid-term reality check for state power, By Dakuku Peterside

19/05/2025
Explosion: Bodija residents pass vote of confidence in association’s leadership 

Explosion: Bodija residents pass vote of confidence in association’s leadership 

19/05/2025
Stock market sheds N8bn on profit-taking

Stock market sheds N8bn on profit-taking

19/05/2025
Agency resolves 1,243 disputes, recovers N295m for Lagos residents

NAPTIP launches campaign against human trafficking in Delta schools

19/05/2025
Police burst drug syndicate in Bauchi

Security operatives rescue 3 kidnapped victims in Kogi

19/05/2025
Ibadan airport to begin international flights 202

Ibadan airport to begin international flights 202

19/05/2025
South West delegates set to meet in Lagos ahead of National Constitution Summit

South West delegates set to meet in Lagos ahead of National Constitution Summit

19/05/2025
Nigerian politician dies in Abuja

Former military administrator and lawmaker dies

19/05/2025
Edo lawmaker resigns from position as deputy speaker

Edo lawmaker resigns from position as deputy speaker

19/05/2025
EFCC detains 120 suspected internet fraudsters in Lagos, seizes luxury cars

EFCC detains 120 suspected internet fraudsters in Lagos, seizes luxury cars

19/05/2025
Digital economy attracted $191m investment in Q1 2024 – Minister

Digital economy attracted $191m investment in Q1 2024 – Minister

19/05/2025
2027: Zenith Labour Party speaks on endorsing Peter Obi as its presidential candidate

Peter Obi speaks on 2027 one-term VP deal with Atiku

19/05/2025
  • Home
  • News
    • Security
    • Foreign
  • Business
    • Technology
    • NIMASA & Maritime
  • Entertainment
    • Relationship
    • Style
  • Politics
  • Features
  • Sports
  • Column
    • Opinion
    • Column – Monday
    • Column – Thursday
    • Column – Wednesday
    • column – Friday
Tuesday, May 20, 2025
  • Login
  • Register
SundiataPost
  • Home
  • News
    • Security
    • Foreign
  • Business
    • Technology
    • NIMASA & Maritime
  • Entertainment
    • Relationship
    • Style
  • Politics
  • Features
  • Sports
  • Column
    • Opinion
    • Column – Monday
    • Column – Thursday
    • Column – Wednesday
    • column – Friday
No Result
View All Result
SundiataPost
No Result
View All Result
Home News

Food vendors lament rising cost of beans, seek FG’s intervention

by Emmanuel Chisom
23/06/2024
in News
248 7
0
Food vendors lament rising cost of beans, seek FG’s intervention
497
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

LAGOS- Canteen and restaurant owners have decried the rising cost of beans as they seek Federal Government’s intervention over the staple food.

The food vendors said this in separate interviews with the News Agency of Nigeria (NAN) on Sunday in Lagos.

NAN reports that in recent times the price of beans has tripled in the market nationwide.

A 40kg bag of beans, which sold for N26,000 in January, now sells for N115,000, while a 100kg bag which sold for N55,000 at the beginning of the year, now sells for N230,000 to N280,000 per bag depending on the species.

Mrs Kemi Adebayo, a restaurant owner in Alagutan, Alimosho area, lamented that food vendors are not making profit from the sale of beans owing to the price hike.

“We do not know how to do it anymore, we are just selling to be in business. We are not making profits at all. Beans has become gold.

“If there is anything the government can do to help us,  it will go a long way to help. We sell beans now for N300 per spoon.

“This is the highest we have seen since I started this cooking business. There are no alternatives to beans, we have thought of any alternative to beans. In fact, the price of all food items is on the increase.

“Even people that ask for spaghetti to mix with their rice have no choice but to buy beans. It is a necessary dietary requirement,” Adebayo said.

A trader of mashed beans locally known as ‘Ewa Agoyin’ at the Folarin area of Alimosho, Mrs Titilayo Oremeji, said they can no longer buy the produce in large quantities since the hike.

“I mainly sell beans because the locals prefer the ‘Ewa Agoyin’ delicacy but the price hike is crippling business.

“I usually buy a bag of beans for business but I can’t afford to buy it now. I just bought a few ‘derica’ to cook for my customers this morning.

“Presently,  a cup sells for as high as N1,700, we bought a derica for N500 early in January.

“I was told to go to the Agege Market, that I would get a bag of mixed species of beans at N220,000 as against N260,000 to N280,000 for the regular beans,” Oremeji said.

She noted that “food vendors have started selling beans for N200 per serving spoon, so as to break even.

“There are indeed no alternatives to beans, though to feel satisfied, some of our customers order fried plantain, yam and bread with the beans they can afford.

“We just want the government to wade into this situation and make things easy for the average Nigerian,” she said.

On her part, a cooked food trader popularly known as Iya Adetoun, at Apatira Street, Alimosho, decried the situation and how they have cut down on the volume they cook daily.

“The rising price of beans is biting hard on our business, but we have no choice but to sell as we buy.

“We have increased the price of beans per serving. Before the price hike, we used to sell a spoon at N50 but now, we sell at N200 per serving spoon.

“There are no alternatives to beans, though some customers combine their meals with spaghetti, most still insist on beans.

“We have reduced the quantity we sell because not everyone can afford the usual staple food,” she said.

A civil servant, Mrs Ada Okoye, a mother of three,  told NAN that the price of beans has become very alarming and beyond the reach of many Nigerians.

Okoye said she had to look for other alternative to beans like pigeon peas popularly known as ‘fiofio’ in Igbo.

“I had to look for other seedlings in form of beans to buy which are lesser in price, like pigeon peas.

“I do also buy beans but I have reduced the amount and frequency in cooking it so that we at least eat it,” she said.

Mrs Iyabo Bello, a mother of three, said that it has become very difficult to eat balanced diet in Nigeria.

“The hike of beans price is worrisome, owing that the commodity is one of the major source of protein that people commonly consume.

“It’s over two months that I ate beans last because of the hike in price, as my salary cannot afford extra cost because everything is costly in the market.

“Even other sources of protein are costly and people are now struggling to have balanced diet in this country,” Bello said.

She called on the Federal Government to tackle the persistent rising food inflation and food insecurity in the country to prevent imminent hunger.(NAN) 

Share this:

  • Tweet
  • Print
  • Telegram
  • Email
  • WhatsApp
Tags: BeansFood inflationFood priceHardshipLagos
Share199Tweet124
Emmanuel Chisom

Emmanuel Chisom

https://sundiatapost.com/wp-content/uploads/2025/01/cbn-gocashless.mp4

For more news updates and commentaries click below to join us on WhatsApp

PAY ATTENTION: Follow Sundiata Post on WhatsApp so you don’t miss breaking news and commentaries. Click HERE TO JOIN US NOW!!!

SundiataPost

Copyright ©2024 SundiataPost. Website - 08067783809

Navigate Site

  • About
  • Advertisement
  • Privacy Policy
  • Contact Us
  • The Team

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

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

Log In
No Result
View All Result
  • Home
  • News
    • Security
    • Foreign
  • Business
    • Technology
    • NIMASA & Maritime
  • Entertainment
    • Relationship
    • Style
  • Politics
  • Features
  • Sports
  • Column
    • Opinion
    • Column – Monday
    • Column – Thursday
    • Column – Wednesday
    • column – Friday

Copyright ©2024 SundiataPost. Website - 08067783809