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Prices of commodities still heading skywards (2)

commodities

A lot of Nigerians crossed over to 2016 with great expectations, most especially as a new government just took over leadership. At the beginning, things were a bit rosy until the sudden wind of change blew across the country, leaving behind devastating effects. Rates of dollar against naira jerked up, prices of commodities skyrocketed, price of fuel skyrocketed too. Nigerians have not yet come to terms with the resultant effect, with companies relocating outside the country, mass sack across different sectors. Day in day out prices of communities have witnessed almost a 100 percent increment and became unaffordable for the masses.

ENCOMIUM Weekly presents prices of commodities as sold in major markets today.

Commodity                                                                            Now (N)  Before (N)

Bic Shaving stick                                                                  80                           50

Air freshener                                                                        300                         200

Robb                                                                                            30                           10

Exercise book 60 leaves                                                     100                         60

Exercise book 40 leaves                                                     70                           50

Higher education                                                               200                         150

C-WAY                                                                                    650                         400

Ball pen                                                                                      30                           20

Sachet water per bag                                                          120, 140                80

Razor blade                                                                           200                         120, 80

Biscuit                                                                                    10                           5

Semo (10 kg)                                                                         3,000                      2,300

Semo (5kg)                                                                            1,600                      1,200

Elubo (Yaw flour)                                                                 6,000                      5,000

Apple (small)                                                                              60                           50

Apple (big)                                                                                 120                         100

Pear                                                                                             150                         120

Bar soap (Canoe, Nittol)                                                      80                           50

Gari (bucket of paint)                                                          700, 600                400

Rice (bucket of paint)                                                          1,400                      1,000

Beans (bucket of paint)                                                       1,000                      800

Beans (oloyin – bucket of paint)                                        1,500                      1,000

Titus  (1 kilo)                                                                         1,000                      800

Chicken (1 kilo)                                                                    950, 1000              750

Crate of egg                                                                          1,000                      850

Bathing soap (Dettol pack of six)                                      850                         700

Palm oil (5 liters)                                                                  3,000                      1,900

Pail oil (one bottle)                                                              600                         400

Vegetable oil (Mamador  5 liters)                                3,200                      1,000

Vegetable oil (Kings  5 liters)                                           3,500                      2,500

Dangote sugar (1 kg)                                                           450                         150

Coca Cola (small bottle)                                                      60                           50

Tin Tomato (sachet)                                                             70                           50

Spaghetti (per one)                                                             200                         100

Shaving stick                                                                         40                           60

Bread                                                                                     150, 200                200, 250

Candle                                                                                    50                           20

Kerosine (Beer bottle)                                                        100                         70

Kerosine (Ragolis bottle)                                    250                         200

Matches                                                                                 70                           50

Poly bag                                                                 20                           10

SHADE WESLEY-METIBOGUN

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