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Nigeria: Tomato prices crash amidst tomato glut

The price of tomatoes has crashed in Lagos and some other parts of the country to what farmers attributed to the glut being experienced at the moment due to the harvest season, the News Agency of Nigeria (NAN) reports.

This can happen when tomato plants produce more fruits than can be sold. The tomato glut occurs annually from January to March in Nigeria.

NAN reports that "The price of tomatoes depending on the species sells for as low as N10,000 to 12,000 for a 50kg basket. Also, a 25kg plastic crate of tomatoes sells between N6,000 and N7,000 up North."

A big basket of tomatoes in Lagos goes for between N13,000 and N15,000 against between N140,000 and N150,000 in May 2024. Mr Rabiu Zuntu, the Chairman Tomatoes Growers and Processors Association of Nigeria Kaduna State Chapter, attributed the development to harvest season.

Read more at Champion News

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