Source link : https://capital-cities.info/2026/06/02/world/traders-laments-low-sales-as-plantain-hits-n220000-in-abuja-the-whistler-newspaper/
Traders in Abuja are expressing growing concerns over dwindling sales as the price of plantain reaches an unprecedented N220,000 per bunch. The sharp surge in cost has significantly impacted both sellers and consumers, exacerbating market challenges in the nation’s capital. This report delves into the factors driving the steep price hike and its implications on the local trade and food security, highlighting the voices of those caught in the economic squeeze.
Traders Express Concern Over Skyrocketing Plantain Prices Impacting Daily Sales
Market vendors in Abuja are sounding the alarm as the price of plantain has surged to an unprecedented N220,000 per crate. This drastic increase has led many traders to experience a sharp decline in daily sales, struggling to attract customers who find the new prices prohibitive. Several vendors report operating at half capacity, with a significant portion of their stock remaining unsold throughout the day.
Challenges highlighted by traders include:
- A decrease in regular customers due to affordability issues
- High cost of restocking impacting overall profit margins
- Increased competition from alternative staple foods
| Price Point | Sales Volume (Crates/Day) | Average Daily Revenue (Naira) |
|---|---|---|
| N180,000 | 15 | 2,700,000 |
| N220,000 | 7 | 1,540,000 |
Analysis Reveals Supply Chain Disruptions and Inflation Driving Plantain Costs in Abuja
Recent investigations into the soaring price of plantain in Abuja have identified significant supply chain…
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Author : Victoria Jones
Publish date : 2026-06-02 06:42:00
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