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Special Report :Food Price, Market Claims and Expert Views

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By Yusuf Danjuma Yunusa

Recently, there have been reports claiming a drastic reduction in prices of raw food items in the market. According to Nairametrics, mid-2025 indicates a reduction in the prices of some raw food items in Nigeria, particularly staples like maize, rice, and yam, following a period of high inflation. This decline is attributed to increased local supply from new harvests, government interventions including import duty waivers, and improved logistics, though some processed foods and specific items have shown slower price reductions.

Also, the National Bureau of Statistics (NBS) recorded a marginal drop in overall inflation from 24.23% in March to 23.71% in April 2025, partly because of the falling prices of food and some commodities. Similarly, some news outlets like ThisDay newspaper, Daily Trust, and others noted significant reductions in prices of items like onions, pepper, yam, garri, and beans from the market analysis reports of experts. It’s a no-brainer that these reports are due to the increased agricultural outputs of the country. The country is evidently in its harvesting season of what farmers have cultivated. Hence, the temporary surplus of grains and vegetables is leading to price relief.

However, the reality of things seems different from the reports circulating about the reduction in food prices. Approaching restaurants or factories where some of these items are processed would give one a different experience from the reports being made. Why are there discrepancies between markets regarding the prices of these food items processed or not?

Experts Weighed In:

“Price rigidity could be one of the reasons for such a scenario,” said AbdulSalam Isiya, an economist.

Isiya revealed that it’s not always easy to have a balanced price tag for commodities like food items whenever there’s a price reduction because traders would always agitate to have their commodities in stock sold before applying the new price tag on newly purchased ones.

“For such a reason, you would see that not all markets would comply immediately with the reduction in prices. It will take time,” he said.

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Mr. Isiya also noted that traders usually don’t shy away from expressing their rational instincts:

“We see how transportation fares don’t reflect price reduction but quickly adjust to the prevailing high cost whenever an increment in fuel price is announced. That’s how human beings are.”

He continued, “Social economists usually paint this category of people who prioritize their interest over the masses as ‘greedy animals.'”

“Nonetheless, this price reduction might fully materialize if the principle of the invisible hand, as postulated by Adam Smith, works perfectly.”

Furthermore, a marketing lecturer at Ahmadu Bello University, Zaria, Dr. Junaidu Salih, said that it’s bound to happen that even after the reduction in prices of some food items, the expenses incurred during processing wouldn’t allow the price to reduce as some people are expecting:

“It’s believed in marketing that the working capital cost must be matched with commodities as they have undergone processes beyond what they were known for before their purchase from the market.”

“No trader would want to incur that loss. Since it takes a lot of combined efforts to bring a commodity to its finished stage, the cost of the efforts initiated must be compensated.”

He continued, “An entrepreneur is always driven by the ‘make more profit’ mentality. That’s why you see that prices of commodities quickly get traders’ attention to implement whenever they go up, rather than when they go down.”

Food Vendors Shared Their Experiences

Larai John, a food vendor at the Cook Village restaurant in Zaria, narrated that the price of food at the finished line of production is determined by several factors, excluding the price it’s sold for at the market when it’s still raw.

“You don’t expect me to exclude charging for the quality I make sure I give my food.”

She went as far as referencing a famous singer whose stage name is Flavour, when he mentioned in one of his lyrics that “better soup na money kill am.”

“That is why there is Buka and a restaurant. The amount you are charged depends on the quality of food you get,” Mrs. Larai posited.

Also, Mrs. Esther Auta, a raw food vendor at the Samaru Market in Zaria, argued that food items are bought from different places, and that conditions are attached to each of these places they purchase food items from:

“I might be selling rice that has stones inside it while my neighbor there might be selling the one without stones. You wouldn’t expect our prices to be the same. Definitely, hers would be costlier than mine.”

“And that is how restaurant owners who buy from us will also give different price tags,” she added.

Mrs. Auta also revealed that she always adds her transportation cost to the price of anything she buys before selling it to customers:

“Also, you don’t expect someone who bought his rice or beans from another state to have the same price tag as the one who bought his in Zaria here, maybe even a stone’s throw from his house.”

 

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Press centre Food Vendor Hajiya Hadiza Is Dead

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The Kano press community has been thrown into mourning following the death of Hajiya Hadiza, a popular food vendor.

Known for her warm personality and dedication to her business, Hajiya Hadiza reportedly passed away on Monday morning after a brief illness.

News of her death spread rapidly across the Press Centre, and environs on Monday, leaving many journalists, media workers and associates in shock.

Colleagues described the development as devastating, saying her absence would be deeply felt within the media community after nearly two decades serving meals to media practitioners and members of the public .

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For years, Hajiya Hadiza’s food stand was more than a place to eat. It served as a meeting point where reporters, editors and guests gathered for meals, conversations and moments of relaxation amid their demanding schedules.

Beyond her role as a food vendor, she was widely recognized for providing employment opportunities to young women, many of whom learned valuable skills and earned a livelihood through her business.

Several journalists who spoke on the development recalled her kindness, generosity and motherly disposition. They noted that she treated customers with respect and maintained strong relationships with people from different walks of life.

Members of the NUJ Press Centre described her as an integral part of the environment, saying her contributions over the years helped shape the social fabric of the press community. They prayed for Almighty Allah to forgive her shortcomings and grant her eternal rest.

As tributes continue to pour in, many say Hajiya Hadiza’s legacy will endure through the countless lives she touched, the young women she empowered and the memories she created among generations of journalists who passed through the Press Centre.

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2027: Over 1,500 Gombe Indigenes at KEDCO Endorse Dr. Jamil Isyaku Gwamna for Governor.

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In a major show of confidence and grassroots support, over 1,500 indigenes of Gombe State currently working at the Kano Electricity Distribution Company (KEDCO) have unanimously endorsed the gubernatorial candidate of the All Progressives Congress (APC) in Gombe state, Dr.Jamil Isyaku Gwamna, for the 2027 governorship election.

The group, comprising staff across various departments and ranks within KEDCO, organised a solidarity event to appreciate Dr. Gwamna and reaffirms their unwavering commitment to his candidacy and vision for the future of Gombe State.

The endorsement carries profound significance, as Dr. Gwamna is widely credited with securing employment opportunities for over 1,500 Gombe indigenes during his tenure at KEDCO—an intervention described by beneficiaries as transformative and life-changing.

The event was attended by the Managing Director of KEDCO, Dr. Abubakar Shuaibu Jimeta, who joined virtually from Saudi Arabia, where he is currently performing Hajj pilgrimage. Notably, Dr. Jimeta is among those whose careers were positively impacted under Dr. Gwamna’s leadership.

Speaking on behalf of the group, the KEDCO staff expressed deep appreciation for Dr. Gwamna’s visionary leadership, particularly highlighting his role in creating employment opportunities that have shaped their lives and careers.

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They described his intervention as a “life-changing opportunity” that has not only transformed their personal circumstances but also uplifted their families and communities across Gombe State.

“We are here to stand firmly behind a leader who invested in our future. Dr. Gwamna is a man of vision, compassion, and proven capacity. We are fully committed to supporting him until he emerges victorious in 2027. Not only us, but our relatives, families and well wishers are with and will support you hundreds percent,” the group stated.

The staff further emphasized that Dr. Gwamna remains the most qualified candidate to sustain and build upon the developmental strides of the current Governor of Gombe State, Muhammadu Inuwa Yahaya, CON, particularly in infrastructure, economic growth, and human capital development.

In his response, Dr. Gwamna, who almost broke into tears, expressed profound gratitude, visibly moved by the show of loyalty and appreciation.

He noted with pride that many of the beneficiaries of his interventions have risen through the ranks to occupy strategic positions, including managerial and senior administrative roles within KEDCO.

“Seeing you all today fills my heart with joy. This is a testament to the power of opportunity and the importance of investing in people. I am proud of what you have all become.

Dr. Gwamna commended their dedication and urged them to continue contributing meaningfully to the growth and stability of KEDCO, while serving as worthy ambassadors of Gombe State wherever they found themselves.

He reiterated his commitment to inclusive governance, stressing that his administration, if elected In sha Allah, will prioritize job creation, youth empowerment, and sustainable development.

“My doors remain open to all individuals and groups willing to partner for the progress and prosperity of our dear state. Together, we will build a future of opportunity, unity, and shared success,” he added.

The event attracted a wide range of stakeholders, including clerics, business leaders, politicians, and party officials, further underscoring the growing support base of Dr. Gwamna ahead of the 2027 governorship election.

 

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Obi Accepts NDC Ticket, Pledges to Raise Nigeria’s Power Generation to 10,000MW in Four Years

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By Yusuf Danjuma Yunusa

Presidential candidate of the Nigerian Democratic Coalition, Peter Obi on Saturday formally accepted his nomination and unveiled an ambitious reform agenda aimed at confronting Nigeria’s worsening insecurity, economic stagnation and infrastructure deficit, including a pledge to raise electricity generation to 10,000 megawatts within four years.

Obi made the pledge in his acceptance speech delivered in Abuja after emerging as the party’s flag bearer, where he expressed gratitude to party leaders and delegates for what he described as their confidence in his leadership capacity.

“It is with deep humility that I accept the role of presidential candidate for our party. I express my profound gratitude to the leaders of our party, His Excellency Seriake Dickson, the National Chairman, National Secretary and the National Working Committee members of our relentless supporters, and the Nigerian populace who have steadfastly kept the spirit of hope alive,” he said.

He said Nigeria was currently at a difficult crossroads marked by insecurity, economic hardship and declining public confidence in governance.

According to him, the situation had created widespread disillusionment across communities and businesses, though he insisted that the country still had the capacity for recovery if leadership choices improved.

“Businesses are struggling, communities are suffering, and an alarming number of citizens have lost faith in the very concept of governance.

“Yet, I stand before you filled with optimism and strong faith in the resilience of our people, for I firmly believe that a New Nigeria is possible,” he said.

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Obi stressed that Nigeria’s diversity should be seen as a strength rather than a fault line, warning against deepening ethnic, religious and regional divisions.

Turning to insecurity, the NDC presidential candidate said Nigeria’s security challenges had deteriorated significantly in recent years, citing global rankings that placed the country among the worst affected by terrorism.

He said, “In terms of security, the situation in Nigeria has considerably worsened. The global terrorism impact assessments ranked Nigeria as the 8th most affected nation in 2022, 6th in 2024, and 4th in 2026.”

However, he contrasted the current situation with Nigeria’s historical role in international peacekeeping missions, where its military once enjoyed global respect.

The former governor referenced Nigeria’s contributions to global missions across several countries and praised the legacy of Nigerian military leadership in international operations.

Obi vowed that his administration would prioritise security reforms.

“We must address insecurity with resolve and urgency, for no nation can thrive while its citizens live in trepidation. The primary responsibility of government is to ensure the safeguarding of lives and property,” he said.

He promised an intelligence-driven and technology-supported security framework aimed at tackling both immediate threats and underlying causes such as poverty and unemployment.

On health, Obi decried Nigeria’s poor indicators, particularly infant mortality and low health insurance penetration, promising major reforms.

“Nigeria suffers from one of the highest infant mortality rates in the world. Furthermore, health insurance coverage in Nigeria hovers around a mere 10 per cent, in stark contrast to countries like Indonesia, which boast over 90 per cent coverage.

“This situation is regrettable. I pledge that within four years, our health insurance coverage will more than double to over 20 per cent,” he said.

On energy, Obi described Nigeria’s electricity crisis as a major constraint to development, noting the gap between Nigeria and other comparable economies.

“Nigeria today is the nation with the highest number of citizens lacking access to electricity globally. We currently generate and distribute a mere 4,000 megawatts (MW) of electricity for a population exceeding 200 million,” he said.

He compared Nigeria’s output with that of other countries to underline the scale of the challenge.

Obi then made a major campaign promise.

“Over the next four years, I commit to ensuring a minimum of 10,000 MW power increase generation and distribution,” he said.

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