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Nigeria’s federal government has told retailers to reduce food prices and shunned exploiting consumers amid January’s drop in the inflation rate to 24.48 per cent. According to NAN, the Minister of Agriculture and Natural Resources, Abubakar Kyari, stated this on Tuesday during the 2025 Wheat Farmers Green Field Day at Dabi village in Ringim Local […]
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Palm oil, scientifically known as Elaeis guineensis Jacq is a common edible oil in many Nigerian households. The oil derived from the mesocarp of the oil palm fruit is a key ingredient in numerous Nigerian cooking, ranging from stews to soups to frying and baking. It has also a major ingredient for pharmaceutical and cosmetic […]
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The price of a cow in Lagos has significantly increased, with a full grown currently sold for between ₦1.6 million and ₦1.7 million. This is said t be as a result of prevailing economic challenges and related matters, the number of cows slaughtered daily in Lagos State has plummeted from 5,000 to 3,000. Speaking on the development […]
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Nigerians were delighted when in January 18, 2022, the Central Bank of Nigeria (CBN) and the Rice Farmers Association of Nigeria (RIFAN) unveiled the iconic rice pyramids in Abuja. The event appeared to point to Nigeria’s progress in rice production, driven by the Anchor Borrowers Programme (ABP). However, three years later, Nigeria’s rice self-sufficiency narrative […]
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The prices of tomatoes have crashed significantly in Lagos and other parts of Nigeria. The cheery news is attributed to the harvest season, which has resulted in harvest glut. According to farmers, the excess supply has led to a significant drop in prices, with a 50kg basket of tomatoes selling for as low as N10,000 […]
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The price of onions in Nigeria has skyrocketed, with a small-sized bulb currently selling for between ₦200 and ₦300 across markets in anticipation of this year’s holiday season. A market survey recently conducted by newsmen in the Federal Capital Territory (FCT) Abuja indicated that onion prices at the Dutse and Kubwa village markets had experienced […]
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The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a warning to bakeries nationwide, advising against the use of saccharin and bromate in bread production. The Director-General of the agency, Prof. Mojisola Adeyeye, gave the warning while speaking to the News Agency of Nigeria (NAN). She said bakeries caught in the […]
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Azeez Olayide, a Nigerian food vendor, has told the story of how he and his business partner left their jobs to start selling jollof rice in the United Kingdom. Olayide disclosed this during a recent interview on the programme My Tasty Naija. He said the business name, ‘2 Nigerian Boys’ began in February 2019 at […]
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The Lagos State Water Regulatory Commission (LASWARCO) on Tuesday, November 19, shut down three sachet water factories for failing to meet regulatory standards, during a raid in the Lekki/Ibeju-Lekki zone. The operation, tagged “Operation Comply and Thrive,” aimed to mitigate the circulation of substandard water products and ensure public health safety. During the enforcement, the […]
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Poultry Association of Nigeria (PAN), have projected the a crate of eggs which currently sells for between N5,500 and N6,000, may soon rise to N10,000. This comes as prices of many commodities including basic staples have skyrocketed. Factors responsible for this are the hike in fuel price and forex scarcity. Speaking at a press conference […]
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