Tomatoes in Nigeria are as expensive as gold, 20 times higher than in Vietnam

Published 2024년 7월 10일

Tridge summary

Nigeria is experiencing a severe shortage of tomatoes due to an insect invasion, leading to a drastic decrease in production. As a result, the price of tomatoes has soared, making it as expensive as gold and out of reach for many consumers. The high price has also negatively impacted Nigeria's tomato processing industry, with many factories shutting down due to increased raw material costs. The situation is expected to worsen in the next month, with tomato prices remaining high. The government has been urged to intervene to address the issue and support the local economy.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Insect attacks make tomatoes a rare ingredient here. In Vietnam, the price of tomatoes in supermarkets is only a few tens of thousands of dong. If you buy at the end of the day, the price can be reduced by up to 40-50% compared to the original price. Meanwhile in Nigeria today, to buy a basket of tomatoes, users will have to pay 70,000 Naira (currency in Nigeria), equivalent to 1.14 million Vietnamese dong. It would not be an exaggeration to say that tomatoes in this West African country are as expensive as gold. The main cause of this situation is a sharp decline in tomato production due to widespread insect invasion. This directly affects the supply of tomatoes, pushing up prices and putting great pressure on people, especially those who depend on tomatoes in their daily diet. Rising tomato prices not only affect consumers but also negatively impact Nigeria's tomato processing industry. Many large processing factories have been forced to shut down due to rising raw material ...

Source: 24h newspaper