As Nigeria prepares to celebrate Christmas and the New Year, the festive atmosphere is dampened by economic hardship. Rising food prices, particularly for staple items like chickens, turkeys and cooking oil, have left many Nigerians grappling with how to observe the season.
Steep Price Hikes
1. *Chickens*: N15,000 to N25,000 (up from previous prices)
2. *Turkeys*: N85,000 to N130,000 (local) and N110,000 to N140,000 (agric)
3. *Groundnut oil*: N18,000 for a 5-litre gallon
4. *Cooking oil*: N100,000 (King brand, 25kg) and N95,000 (Golden Terra, 25kg)
5. *Cows*: N700,000 to N1.5 million (depending on size)
Causes of Price Hikes
1. *Transportation costs*: Increased fuel prices and logistics challenges
2. *High feed prices*: Rising costs of animal feed and inputs
3. *Supply chain challenges*: Disruptions in supply chains and distribution networks
Impact on Nigerians
1. *Low-key celebrations*: Many civil servants and low-income families scaling back festivities
2. *Anxiety and concern*: Families struggling to afford basic necessities
3. *Resilience*: Some Nigerians finding joy in simpler celebrations and gratitude for life
Quotes from Nigerians
1. "What should be a season of joy has turned into a period of anxiety for families like mine." - Olije Edward, government worker in Benue State
2. "The most important thing is that God has preserved us to see another Christmas." - Ebitare, civil servant in Bayelsa State
Market Insights
1. Abuja's Utako and Wuse markets: Turkeys priced between N85,000 and N130,000
2. Plateau State: Chickens range from N8,000 to N25,000, turkeys between N70,000 and N110,000
3. Lagos markets: Cooking oil brands like King and Golden Terra selling for N100,000 and N95,000 respectively for 25kg bottles
Conclusion
As Nigeria celebrates Christmas amidst economic hardship, many families are forced to scale back their festivities. Rising food prices and dwindling purchasing power have created a sense of anxiety and concern. However, some Nigerians remain resilient, finding joy in simpler celebrations and gratitude for life. As the country navigates these challenges, it is essential to prioritize economic stability and support vulnerable populations.
