Categories
Marketing Technology

Tomato Price Crashes From N150,000 to N60,000 Per Basket as Harvest Season Begins [Video]

  • The price of a basket of tomatoes has dropped to a seven-month low in key markets across major cities in Nigeria
  • According to a market survey conducted tomato prices have decreased by 60%, offering some relief to many families
  • The sharp decline in tomato prices has sparked various reactions from Nigerians, who have turned to other alternatives

Legit.ng journalist Victor Enengedi has over a decade’s experience covering Energy, MSMEs, Technology and the Stock Market.

The cost of a basket of tomatoes has plummeted from N150,000 to no more than N60,000 in key markets nationwide, particularly in Lagos and Abuja.

This significant drop, reaching a seven-month low, is attributed to the start of a new harvest season and a break in the July/August rains.

The sharp decline in tomato prices has sparked various reactions from Nigerians who had turned to alternatives due to the high cost of the fruit.Photo credit – Market ForceSource: UGC

Between January …

Watch/Read More