Tomato prices surge in Nigeria

Published 2024년 6월 18일

Tridge summary

In Nigeria, a severe infestation known as Tomato Ebola or Tomato Leaf Miner has caused tomato prices to skyrocket, contributing to the highest food inflation levels in decades and leading to protests and looting. The government is deploying teams to assist affected farmers. Market shortages have driven prices up dramatically, with small baskets in Abuja rising from 7,000 naira to 25,000 naira and large baskets in Jos reaching up to 75,000 naira. Additionally, the removal of a fuel subsidy and easing of foreign-exchange controls have increased fuel prices, impacting dry season farming costs. With over 50% of household budgets spent on food, the rising cost of living is sparking unrest.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Nigeria, soaring tomato prices are contributing to the country’s food inflation, which has reached its highest levels in decades, leading to protests and looting. The Agriculture Minister, Mohammad Abubakar, attributed the increase in prices to a severe infestation known as Tomato Ebola or Tomato Leaf Miner, caused by a moth-like insect. The government is sending teams to the affected areas to assist farmers in recovering their crops. Market traders have reported shortages, causing the price of tomatoes to surge. In Abuja, the price for a small basket of tomatoes has increased from 7,000 naira to 25,000 naira, described by vendor Audu Isa as the worst spike in a decade. In Jos, the cost for a large basket can reach up to 75,000 naira, significantly higher than three months prior. The removal of a fuel subsidy and the easing of foreign-exchange controls by President Bola ...

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