Category: Price Index
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October 2023 Food News: Food Festival, Inflation, and Pricepally’s Solution
October 2023 food news brings you a blend of culinary delight, economic insights, and strategies to tackle Nigeria’s food challenges. From the Foodaholic Festival 2023, where family fun meets brand excellence, to the pressing issue of soaring food prices driving Nigeria’s inflation, we’ve got your food-loving interests covered. Join us as we explore the importance…
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PricePally Stew Report Reveals Lagosians Spend 106% of their Salary on Food
The agricultural sector has contributed at least 22% to the Nigerian economy since 2009. In 2020, PwC revealed the agricultural sector is the highest labor employer after employing over 36% of employees in Nigeria. Despite the positive contributions of agriculture to Nigeria’s economy, food prices aren’t slowing down. In 2019, Nigerians spent ₦22.8 trillion on…
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September 2023 Food Price Index: Pricepally vs Local Markets
The September Food Price Index, in our mission to provide valuable insights, we conducted a comparative analysis of food item prices between Pricepally and several prominent local markets in Lagos, including Ajah Market, New Market Lekki, Oyingbo Market, and Mushin Market. Our primary objective with the September Food Price Index is straightforward yet essential:…
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September 2023 Food News: Battling Climate Change and Boosting Food Security
September food news explores important changes and progress in Nigeria’s food ecosystem. From climate change worsening food insecurity to the efforts to enhance food fortification, to a food fiesta. September food news mirrors the rich diversity found within the Nigerian culinary landscape. Here are the stories we covered for September food news: Nurturing…
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August 2023 Food Price Index: Pricepally vs Local Markets
August food price index compares the prices of select food items between Pricepally and some of your popular local markets in Lagos and Abuja. For Lagos, our focus markets for this index are Ajah Market, Mushin Market, New Market Lekki, and Ketu Market. While for Abuja, we focused on Utako Market, Wuse Market, and Garki…
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August 2023 Food News: Family Farming and Biotechnology Solutions
August food news covers critical developments in Nigeria’s food landscape. From groundbreaking biotechnology initiatives to combat food insecurity, to the age-old wisdom of family farming, and international support aimed at transforming the nation’s food system.This month’s news is as diverse as the Nigerian culinary scene itself. Read on to discover all the tea in…
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July 2023 Food Price Index: Pricepally vs. Local Markets
The July food price index presents a comprehensive comparison of selected food items at Pricepally and various local markets across Lagos. With the constant increase in food prices, affordability and access to nutritious meals have become pressing concerns for consumers. As shoppers seek the best value for their money, the question arises: where can…
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July 2023 Food News: Inflation Crisis and Food System Transformation
Welcome to the July edition of our monthly food news. We bring you the latest updates on the Nigerian food space. In July, the country’s food sector witnessed significant developments as food inflation surged to record heights. The Knorr Jollof Fest spotlighted Nigerian food culture vibrantly, and the government declared a state of emergency on…
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The Rising Cost of Tomatoes in Nigeria
In Nigeria, the price of tomatoes has witnessed a dramatic surge, causing significant repercussions for both consumers and sellers across the country. The skyrocketing prices have sparked concerns and impacted daily life for citizens. Numerous Nigerians nationwide are currently expressing their dissatisfaction. Adding to the already high cost of living, consumers have reported feeling the…