Price Of Bag Of Rice, Beans, Tomatoes, Other Food Commodities This Week …C0NTINUE READING HERE >>>
The festive season in Nigeria, characterized by celebrations such as Christmas, New Year, and Eid, has a profound impact on the prices of foodstuffs.
This period is marked by increased demand for various goods, which, coupled with infrastructural and economic factors, often leads to significant price hikes. Below is a detailed breakdown of how and why food prices tend to escalate during festive seasons:
1. Increased Demand
The festive season sees a surge in demand for food items as…
>