Announcements

Job offersmore »



Tweeting Growers

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Exchange ratesmore »




Nigeria: Christmas prices of tomatoes & peppers drop by 45% in Lagos

Just before the Christmas festivities, the prices of tomatoes, pepper and onions in Lagos have been cut by about 45 percent. The drop in prices is due to a bumper harvest. 

A basket of tomatoes, which previously sold for 15,000 naira (35 euros) 
now goes for 8,000 naira (19 euros). Red peppers now go for 8,000 naira, where a basket previously went for 14,000 naira. A basket of chilli pepper dropped from 18,000 to 10,000 naira. A bag of onions, previously 30,000 naira, now goes for 20,000 naira.

Premium Times ng learned that currently the supply of produce is more than the demand as the harvest has just begun. There is expected to be a surplus in the market until April, when the harvest season ends. 

Poignant in all this is the amount of post-harvest wastage; about 200,000 out of 800,000 metric tonnes of tomatoes annually gets wasted due to post-harvest losses. The Nigerian government is being pressured to increase investment in tomato processing plants to end this waste, create jobs and increase the contribution to Gross Domestic Product.

[ 100 Nigerian Naira = 0.24 Euro ]

Publication date: 12/15/2017

 


 

Other news in this sector:

4/26/2018 Ireland: Teagasc supporting Smart Futures Programme
4/26/2018 Turkey: Permission to export tomatoes to Russia is granted
4/26/2018 Britain’s changing appetite for veg
4/26/2018 Turkish pepper growers in Mersin face debt crisis
4/25/2018 "Protecting small farmers my top priority in EU budget negotiations"
4/24/2018 Russia allows tomato imports from five more Turkish firms
4/24/2018 US (FL): Good bell pepper supplies meet slow demand
4/24/2018 European tomato market a mixed bag
4/24/2018 US: Higher income households spend more on vegetables
4/24/2018 Starting signal for tomatoes and peppers from Germany
4/23/2018 Horticulture nets Kenya €2.48 billion
4/23/2018 “Demand for strawberries larger than supply in the Netherlands”
4/23/2018 Paraguay: Domestic tomato production doesn't cover demand
4/23/2018 China: Production of Qianxi cherry tomatoes trebles
4/20/2018 Future of CAP: Equality throughout the chain
4/20/2018 Germany: Hungarian-grown Turkish pepper varieties
4/19/2018 Turkey: Free electricity for 7,500 growers in Antalya
4/19/2018 Morocco, Spain's main supplier of fruit & vegetables
4/19/2018 South Africa: Saving the Philippi Horticultural Area
4/19/2018 UK: Herb growers face economic challenges