According to The Guardian survey conducted at the weekend at various markets in Lagos State, while the prices of tomatoes and pepper crashed significantly, prices of local rice, yam and other items witnessed a slight drop. A small sized tuber of yam also sells for an average of N500, from an initial average of N650. A crate of eggs that was initially sold for an average of N1,250 now sells for an average of N975. However, some traders believe there has been no much difference in the market environment as fluctuation of food prices persists. Another dealer at the popular rice market, Miss Oluwakemi, said the hike of prices last year was highly dependent on the type of rice.

Source: The Guardian January 27, 2020 04:30 UTC