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No More N55,000/100kg Bag: Traders Quote Beans for New Price Across Markets, Nigerians Lament [Video]

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Marketing Technology
  • Residents across Lagos have complained about the continued increase in bean prices in recent times
  • News agency reported that a 100kg bag of beans that sold for N55,000 at the start of the year now sells for N230,000
  • Beans farmer expects that the price of beans could increase further given that the peak period for bean harvest is usually at the end of the year

Legit.ng journalist Zainab Iwayemi has over three years of experience covering the Economy, Technology, and Capital Market.

Concerns over the price of beans, a crucial source of protein for Lagos residents, are growing.

A 100kg bag of beans that sold for N55,000 at the start of the year now sells for N230,000.Photo Credit: Poco_bw, Marc DozierSource: Getty Images

In an interview with the News Agency of Nigeria (NAN), the residents urged governments to intervene, claiming that the continuous price increase of beans since 2024 had become intolerable.

According …

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