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Food vendors lament rising cost of beans, seek FG’s intervention



Last Updated on June 23, 2024 by Fellow Press

Canteen and restaurant owners have decried the rising cost of beans as they seek Federal Government’s intervention over the staple food.

The food vendors said this in separate interviews with the News Agency of Nigeria (NAN) on Sunday in Lagos.

In recent times the price of beans has tripled in the market nationwide.

A 40kg bag of beans, which sold for N26,000 in January, now sells for N115,000, while a 100kg bag which sold for N55,000 at the beginning of the year, now sells for N230,000 to N280,000 per bag depending on the species.

Mrs Kemi Adebayo, a restaurant owner in Alagutan, Alimosho area, lamented that food vendors are not making profit from the sale of beans owing to the price hike.

“We do not know how to do it anymore, we are just selling to be in business. We are not making profits at all. Beans has become gold.

“If there is anything the government can do to help us, it will go a long way to help. We sell beans now for N300 per spoon.

“This is the highest we have seen since I started this cooking business. There are no alternatives to beans, we have thought of any alternative to beans. In fact, the price of all food items is on the increase.

“Even people that ask for spaghetti to mix with their rice have no choice but to buy beans. It is a necessary dietary requirement,” Adebayo said.

A trader of mashed beans locally known as ‘Ewa Agoyin’ at the Folarin area of Alimosho, Mrs Titilayo Oremeji, said they can no longer buy the produce in large quantities since the hike.

“I mainly sell beans because the locals prefer the ‘Ewa Agoyin’ delicacy but the price hike is crippling business.

“I usually buy a bag of beans for business but I can’t afford to buy it now. I just bought a few ‘derica’ to cook for my customers this morning.

“Presently, a cup sells for as high as N1,700, we bought a derica for N500 early in January.

“I was told to go to the Agege Market, that I would get a bag of mixed species of beans at N220,000 as against N260,000 to N280,000 for the regular beans,” Oremeji said.

She noted that “food vendors have started selling beans for N200 per serving spoon, so as to break even.

“There are indeed no alternatives to beans, though to feel satisfied, some of our customers order fried plantain, yam and bread with the beans they can afford.

“We just want the government to wade into this situation and make things easy for the average Nigerian,” she said.

On her part, a cooked food trader popularly known as Iya Adetoun, at Apatira Street, Alimosho, decried the situation and how they have cut down on the volume they cook daily.

“The rising price of beans is biting hard on our business, but we have no choice but to sell as we buy.

“We have increased the price of beans per serving. Before the price hike, we used to sell a spoon at N50 but now, we sell at N200 per serving spoon.

“There are no alternatives to beans, though some customers combine their meals with spaghetti, most still insist on beans.

“We have reduced the quantity we sell because not everyone can afford the usual staple food,” she said.

A civil servant, Mrs Ada Okoye, a mother of three, told NAN that the price of beans has become very alarming and beyond the reach of many Nigerians.

Okoye said she had to look for other alternative to beans like pigeon peas popularly known as ‘fiofio’ in Igbo.

“I had to look for other seedlings in form of beans to buy which are lesser in price, like pigeon peas.

“I do also buy beans but I have reduced the amount and frequency in cooking it so that we at least eat it,” she said.

Mrs Iyabo Bello, a mother of three, said that it has become very difficult to eat balanced diet in Nigeria.

“The hike of beans price is worrisome, owing that the commodity is one of the major source of protein that people commonly consume.

“It’s over two months that I ate beans last because of the hike in price, as my salary cannot afford extra cost because everything is costly in the market.

“Even other sources of protein are costly and people are now struggling to have balanced diet in this country,” Bello said.

She called on the Federal Government to tackle the persistent rising food inflation and food insecurity in the country to prevent imminent hunger.


Nigerians paid N721bn in cash bribes to govt officials in 2023 – NBS



Last Updated on July 12, 2024 by Fellow Press

A survey by the National Bureau of Statistics (NBS) has revealed that Nigerians paid a staggering N721 billion in cash bribes to public officials in 2023.

The survey, titled “Corruption in Nigeria: Patterns and Trends,” released on Thursday, July 11, revealed that over 95 percent of these bribes were in monetary form.

According to the report, there has been a decline in Nigerians’ confidence in the government’s anti-corruption efforts during the period under review.

The report stated, “Overall, it is estimated that a total of roughly N721 billion ($1.26 billion) was paid in cash bribes to public officials in Nigeria in 2023, corresponding to 0.35 percent of the entire Gross Domestic Product (GDP) of Nigeria.”

The report further revealed that bribes paid in a public official’s office and on the street accounted for approximately 35 percent and 36 percent of all bribes respectively while, 11 percent of bribes were paid in respondents’ own homes, while 7 percent occurred in public buildings such as restaurants, malls, or stations.

The report highlighted that healthcare professionals and public utility officers were the most frequent recipients of bribes, accounting for 30 percent and 24 percent of encounters respectively. Police officers followed closely with a contact rate of 20 percent

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Vice President Trump, President Putin Of Ukraine – Biden Goofs At NATO Summit



Last Updated on July 12, 2024 by Fellow Press

U.S. President Joe Biden had a series of verbal slip-ups on Thursday alongside the NATO summit in Washington, an unfortunate development for the 81-year-old as he tries to move past concerns that he is too old to run for re-election.

Verbal gaffes are not unusual in the long political career of Biden, who overcame a childhood stutter, but there is closer attention on him amid the fallout from his dismal debate performance against Republican candidate Donald Trump last month.

Trump, who is 78, and also has faced concerns about his age, frequently made false claims during the debate and often rambles during campaign speeches.

Below is a summary of Biden’s mistakes on Thursday.


Biden mistakenly referred to Ukrainian President Volodymyr Zelenskiy as “President Putin”.

“And now I want to hand it over to the president of Ukraine, who has as much courage as he has determination, ladies and gentlemen, President Putin,” Biden said at the NATO summit, drawing gasps from those in the room.

“Going to beat President Putin, President Zelenskiy. I am so focused on beating Putin,” Biden said while correcting himself.

During a news conference on Thursday evening, Biden mixed up the name of his vice president, Kamala Harris, and his rival Trump.

“Look, I wouldn’t have picked Vice President Trump to be vice president if she was not qualified to be president. So start there,” Biden said as he responded to a question from Reuters about his confidence in Harris.

Biden also struggled at the news conference to find the words “chiefs of staff,” mistakenly referring to the group of the country’s top uniformed military leaders as “commander in chief,” the title he holds as president.

“And so our military is working on following the advice of my commander in chief my, my, my, the chiefs of staff, of the military as well as the secretary of defense and our intelligence people.”

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