Yam prices surge in Lagos as buyers weigh market options
Yam prices are rising across Lagos, leaving both traders and consumers concerned. Many attribute the increase to higher transportation costs, seasonal supply shortages, and sourcing challenges. Major markets like Oyingbo and Mile 12 offer lower prices, but convenience and transport expenses influence where people shop. Ibrahim Hassan, Jumoke Fakunle, and other traders say prices have jumped compared to previous years, affecting household budgets.
TLDR
- Traders report that yam prices now range between N2,500 and N3,500 per tuber, depending on size and origin.
- Prices at major markets like Oyingbo and Mile 12 are generally lower, but transportation costs can offset savings for some buyers.
- Ibrahim Hassan notes that fresh harvests are still limited as the new planting season has just begun.
- Consumers like Amaka Njoku and Funmilayo Ajayi say they weigh transport fares and convenience when deciding where to buy yams.
- Seasonal supply shortages and increased sourcing costs are cited as key reasons for the price hikes.
