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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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WHC Solar Trains 300 Youths in Kano to Prevent Installation Errors, Fire Outbreaks

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WHC Solar, a Chinese company specialising in solar energy products, has trained about 300 youths in Kano State on the technical installation and configuration of solar power systems to improve safety and expand employment opportunities in Nigeria’s renewable energy sector.

The one-day training, held at Tahir Guest Palace in Kano on Saturday, attracted participants from different parts of Nigeria and beyond, with practical sessions focused on the proper installation of inverters, lithium batteries and other solar power components.

Speaking at the opening of the programme, the company’s Chief Executive Officer, Clint Chan, said the training was organised to equip solar installers with the technical knowledge and practical experience required to deliver quality services to customers.

Chan explained that the company had observed that some solar installers lacked sufficient technical knowledge, resulting in installation errors that could damage equipment or cause fire outbreaks.

He said the initiative was aimed at addressing such challenges by improving the competence of technicians and promoting the safe and efficient use of solar energy systems.

“We noticed that some installers may not fully understand the technology, which can lead to mistakes that could damage a product or even cause fire outbreak,” Chan said.

He added that the training would help participants develop their technical capabilities and become more experienced professionals capable of contributing to society through improved service delivery.

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According to Chan, the practical sessions covered the installation and configuration of inverters and lithium batteries, including how the different components communicate and function together within a solar power system.

He said proper understanding of the relationship between the components was essential to ensuring that solar installations operated efficiently, safely and in accordance with technical requirements.

Chan also reaffirmed the company’s commitment to the Nigerian market, saying WHC Solar intended to continue investing in the country’s renewable energy sector and supporting the growing demand for solar power solutions.

He disclosed that the company had a service centre in Kano, through which it provided support for customers using its solar products in residential homes, commercial establishments and industrial facilities.

The chief executive said participants who completed the programme were expected to receive certificates in recognition of their participation and the technical knowledge acquired during the training.

Chan further stated that the company, which he said had been operating for about 10 years, was committed to making solar energy solutions available to Nigerians for domestic, commercial and industrial applications.

Also speaking at the event, Sani Abdulkadir, popularly known as ABDK, said he attended the training as a distributor of the company’s products.

Abdulkadir explained that customers experiencing technical problems with WHC Solar products could take them to the company’s service centre for repairs, adding that some repairs could be completed within 24 hours.

He commended the company for organising the training and creating opportunities for young Nigerians to acquire technical skills that could improve their employment prospects and support self-reliance.

Abdulkadir noted that the growing adoption of solar energy in Nigerian households reflected increasing public interest in alternative electricity sources.

“Before, you could count the number of houses using solar energy, but the situation is changing as more people are embracing it,” he said.

He expressed optimism that the expansion of solar energy adoption would create more opportunities for trained technicians, distributors and other professionals working in the renewable energy value chain.

The training comes amid growing interest in solar power solutions among Nigerian households and businesses seeking alternative sources of electricity, with technical expertise and proper installation remaining important factors in ensuring the safety, reliability and durability of solar systems.

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Emir Sanusi Seeks Compensation, Reallocation of Demolished Eid Ground Stalls

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The Emir of Kano, Muhammadu Sanusi II, has appealed to the Kano State Government to compensate traders affected by the demolition of shops at the Filin Idi market in Kofar Mata, Kano, and reallocate stalls to enable them to resume their businesses.

Professor Ibrahim Muazzam Mai Bushira disclosed this during a special prayer session organised by traders affected by the demolition at the Eid Ground in Kofar Mata, where participants prayed for divine intervention and government assistance to alleviate their hardship.

According to Mai Bushira, the Emir has written to Governor Abba Kabir Yusuf, requesting compensation for the affected traders and appealing for measures to address the economic losses they have suffered following the demolition.

He expressed hope that Almighty Allah would reward the Emir for his intervention and urged Governor Yusuf to consider the demands of the traders to enable them to rebuild their businesses and restore their livelihoods.

Mai Bushira said the demolition had caused severe hardship among traders, many of whom depended on their shops as their primary sources of income. He added that some affected individuals had reportedly died, while others had developed high blood pressure following the destruction of their businesses and the resulting economic difficulties.

He explained that the prayer session was organised to seek Allah’s intervention in their predicament and pray for the restoration of their livelihoods, noting that the destruction of the shops had adversely affected the lives of many families who depended on the market for survival.

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Speaking at the gathering, Professor Ahmad Muhammad of the Federal University, Dutse (FUD), described Kano as a major commercial centre and called on the Kano State Government to pay attention to the plight of the affected traders and the economic implications of the demolition.

Professor Muhammad also appealed to international entrepreneurs and investors to explore opportunities to support the development of the market, stressing that the destruction of the shops had resulted in substantial financial losses running into billions of naira.

He urged the government to consider establishing a modern market at the location, arguing that the Filin Idi market was not merely a trading centre for Kano but also an important commercial destination for traders from different parts of Nigeria and across Africa.

According to him, the market provides livelihoods for more than one million people, directly and indirectly, making its reconstruction and rehabilitation important to the economic well-being of Kano and its trading community.

The professor further stressed the need for a sustainable solution that would enable displaced traders to return to business, restore commercial activities and protect the economic interests of the large population that depended on the market.

In his remarks, the Chairman of the affected traders’ association, Auwal Said Umar, expressed appreciation to Almighty Allah and Emir Sanusi II for their support and intervention in the traders’ situation.

Umar said many of the affected traders were currently unable to engage in their usual commercial activities because their shops had been demolished, leaving them without the means to sustain their businesses and families.

He disclosed that the market previously had about 700 blocks of shops before the demolition, adding that many traders lacked the financial capacity to reconstruct their businesses without assistance from the government.

The association chairman said the government had allocated 75 stalls for reconstruction but appealed for an increase in the number to accommodate more affected traders and enable them to return to their businesses.

Umar called on the Kano State Government to provide additional support, stressing that the existing allocation was insufficient to address the needs of the large number of traders who lost their shops during the demolition.

The traders urged the government to work with their association and other relevant stakeholders to develop a lasting solution that would provide adequate trading spaces, restore commercial activities and ease the economic hardship caused by the demolition.

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Gombe flags off the disbursement of the second batch of the AGILE Conditional Cash Transfer

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Gombe State Government has flagged-off the distribution of ATM cards to Adolescent Girls in public schools under the Conditional Cash Transfer,CCT of the Adolescent Girls Initiative for Learning and Empowerment, AGILE Project.

Speaking at the flagging off of the disbursement at Government Junior Secondary School Malamsidi central in Kwami Local Government area, the Honourable Commissioner of Education, Associate Prof Aishatu Umar Maigari said the disbursement of the CCT is part of the Governor Muhammadu Inuwa Yahaya’s zeal and passion for the girl child education in the state.

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She said the concept is also geared towards supporting parents to cater for their children to remain in schools up to completion of their secondary education.

Associate Prof Aishatu Umar Maigari then assured the students that the government will continue to bring more educational policies that will further support students to pursue education with ease.

Earlier, the project coordinator of the AGILE, Dr. Amina Abdul noted that with the disbursement of the second cohort of the conditional cash transfer, the project was able to record significant improvement in enrollment and retention of students in schools across the state.

The project coordinator therefore urged parents to utilize the funds judiciously through supporting the education of their children.

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