Prices of essential commodities in the market continue to rise as concerned Nigerians asked the government to set up special price control systems to check the frequent increases.
Our correspondent was at Igbudu market in warri, and now reports.
The price of a four litre groundnut oil which was sold for 4,200 naira is now sold for 4,800 naira.
A basket of tomatoes formally sold for 9,000 naira is now sold for 20,000 naira.
Garri, another essential commodity used to be within four to five hundred naira per basket is now sold for one thousand naira and above.
What could be responsible for the sudden hike in the prices of essential commodities made our newscrew to visit the popular Igbudu market in Warri to hear directly from traders.
The traders who spoke insisted that the recent hike in price of petrol was not the reason for the hike in prices of food commodities adding that Government should stop paying lip services but concentrate on the development of the Agricultural sector for the good of all especially the common man on the street.
The Igbudu market traders called on the government to address the incessant hike in prices of essential food commodities like groundnut oil, tomatoes, onion and many others by ensuring that more producers are given the will power to produce commodities.
On the need to make available the essential commodities to be within the reach of the common man, the traders and some buyers who spoke appealed to government to ameliorate the pains felt by Nigerians by ensuring they bring down the pump price of petrol as most commercial transporters takes advantage of the hike to increase transport fares.
The traders say essential prices of commodities have continued to go up warning that if nothing is done prices of essential food commodities will continue to soar.
Investigation further reveal that other economic policies of government which caused inflation, also forced prices of commodities up.
Apart from inflation, economic recession also accounted for the hard condition facing Nigerians.
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