Economy

Full List As Prices Of Onions, Beans, Others Crash In FCT Markets, Environs

Published

17 hours ago

March 16, 2025

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Full List As Prices Of Onions, Beans, Others Crash In FCT Markets, Environs

Full List as prices of onions, beans, others crash in FCT markets, environs. Correspondents who visited various markets in FCT and its environs reported that the prices vary depending on the market and its location.

Prices of food items are gradually dropping in the Federal Capital Territory (FCT) markets and environs, a News Agency of Nigeria (NAN) survey reveals.

Correspondents who visited various markets in FCT and its environs reported that the prices vary depending on the market and its location.
Food prices tend to be higher in markets in the city centres than those in the satellite towns.

At the Kado market, a 50kg bag of rice, which sold between N97,000 and N100,000 in January, is now being sold for N87,000, while a 25kg bag formally sold between N45,000 and N50,000 was now being sold for N43,500 depending on the brand.

In Garki market located at the city centre, a bag of 50 kg rice was now being sold between N81,000 to N83,000 as against N92,000 in January, while a 25kg bag now sells for between N42,000 and N43,000 as against N45,000 sold in January.

In Nyanya market, located in the satellite town, a 50 kg bag of rice was formally sold between N90,000 and N93,000 in January, and it was now being sold between N70,000 and N83,000, depending on the brand.
A 50 kg bag of rice sold for N105,000 at Apo fish market had crashed to N93,000.

At the popular Orange market on the Abuja-Keffi expressway, a bag of onions sold between N90,000 and N100,000 as of January was now being sold between N50,000 and N55,000.

In Garki market, a bag of onions sold between N180,000 and N200,000 as of January now goes for between N55,000 and N60,000.

In Karu market, located in FCT satellite town, a bag of Bendel (yellow) garri was sold at N55,000 against N57,000 to N60,000 in January.

For red oil, a 25-litre keg sold between N75,000 and N83,000 in January was sold between N55,000 and N50,000 in the Nyanya market.

In Apo fish market, a 25-litre Terra groundnut oil formerly sold for N88,000 now goes for N84,000.

A four-litre keg of groundnut oil was now being sold for N15,500, which was against its former price of between N17,500 and N20,000, depending on the brand.

Also, a big bag of white beans initially sold between N200,000 and N150,000 now sells between N115,000 and N120,000 at Kado market.
A module of white beans formally sold between N2,100 and N2,300 in January was sold between N1,700 and N1,800, respectively.

At Orozo market, a module of brown beans formally sold between N2,200 and N2,800 was now sold for between N1,800 and N2,000.
However, food items like yams, pepper, combo and plantain had increased compared to their prices in January.

At the Wuse market, five pieces of medium-sized yams sold between N8,000 and N10,000 were now being sold for N15,000.

FCT Markets

At Lugbe and Orozo markets, the same size of yams formally sold for between N6,000 and N7,000 were now sold for N10,000.
Also, a bunch of plantain sold for N6,000 was now being sold for between N8,000 and N9,000.

A big bag of pepper was now being sold for N73,000 as against N31,000 in January.
A big basket of shombo was sold at N36,000 against N30,000 in January.

Amina Suleiman, a mother of four, said that although prices of some food items in the market were dropping, the decrease was insignificant.

“The government needs to do more in the area of security to enable farmers to farm more, improve infrastructure and ensure incentives to farmers.

“All these will reduce the cost of production and, in turn, further reduce the cost of food prices for the good of all Nigerians,” Ms Suleiman said.

Albert Okoro, a rice wholesaler in the Garki market, attributed the price drop to the slight reduction in fuel prices.

Economy

NIGCOMSAT Launches Space Tech Training For Youths In Nigeria

Published

2 minutes ago

March 17, 2025

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NIGCOMSAT Launches Space Tech Training For Youths In Nigeria

NIGCOMSAT launches space tech training for youths in Nigeria. It will be held in Dutse, Jigawa, from April 7 to 11. Participants include start-ups, local innovators, and students from across the region.

The Nigerian Communications Satellite Limited is set to launch an empowerment programme for youths across seven states in the North-West region. This was announced in a statement.

The programme focused on a Space-Tech Hackathon and Very Small Aperture Terminals training targeting youths from Kaduna, Kano, Zamfara, Sokoto, Kebbi, Katsina, and Jigawa.

It will be held in Dutse, Jigawa, from April 7 to 11. Participants include start-ups, local innovators, and students from across the region.

The statement urged interested students to register via the NIGCOMSAT Ltd website.

It explained that the initiative aims to engage and empower young Nigerians, particularly university students, innovators, and professionals from the North-West.

According to the statement, the goal is to promote innovation and develop creative solutions to real-life challenges through space technology.

Similarly, NIGCOMSAT managing director Jane Egerton-Idehen said, “The hackathon allows participants to identify challenges, create ideas, build prototypes, and receive mentorship using satellite technologies.”

“The winning team will join the NIGCOMSAT Accelerator Programme Cohort 2025 to further refine and implement their project.”

Additionally, 100 youths will be trained in installing VSAT systems, which deliver broadband connectivity in remote areas. Ms Egerton-Idehen noted that this certification provides participants with technical skills, enhancing job prospects.

NIGCOMSAT

She said they could explore lucrative careers or entrepreneurial paths within the ICT sector. The North-East hackathon and VSAT training took place in Yola from February 24 to 28.

“The aim of SpaceTech Hackathons and VSAT Training is to inspire innovation, solve community challenges, and tackle youth unemployment nationwide.

“The North-West Hackathon and VSAT training will be jointly hosted by Jigawa and NIGCOMSAT Ltd.,” Ms Egerton-Idehen said.

Economy

Government Revokes 2024 Billboard Licences In Kwara

Published

8 minutes ago

March 17, 2025

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Government Revokes 2024 Billboard Licences In Kwara

Government revokes 2024 billboard licences in Kwara. He said that no new registration or renewal of signage and billboard licences would be processed until further notice.

The Kwara government has announced the immediate revocation of 2024 signage and billboard licences across the state.

This is contained in a statement signed by Ibrahim Garba, the secretary, task force committee on illegal billboards and signage in Kwara on Sunday. Mr Garba said the announcement followed an earlier notification on the suspension of all billboard licences in the state.

He said that identifications were ongoing while removal enforcement would commence on March 17. “The revocation is necessary to facilitate the removal of all unauthorised and improperly erected billboards, posters and light pole banners across Ilorin metropolis and other urban centres,” he said.

Mr Garba explained that the initiative aligned with the urban renewal programme of Gov. AbdulRahman AbdulRazaq-led administration, aimed at transforming Kwara into a modern and visually appealing state.

He said that no new registration or renewal of signage and billboard licences would be processed until further notice.

Kwara

“This temporary measure will allow the state to finalise a new regulatory framework for outdoor advertising.

“The identifications of billboards are ongoing; we therefore call on owners of unidentified boards across the state to remove them with immediate effect.

“Government’s taskforce is currently identifying non compliant structures, and enforcement will commence next week,” Mr Garba said.

Economy

Nasarawa Lawmakers Tasks Women On National Development

Published

25 minutes ago

March 17, 2025

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Nasarawa Lawmakers Tasks Women On National Development

Nasarawa lawmakers tasks women on national development. The Speaker, Nasarawa State House of Assembly, Danladi Jatau, has called on Nigerian women to continue to contribute positively to the development of the country

The Speaker, Nasarawa State House of Assembly, Danladi Jatau, has called on Nigerian women to continue to contribute positively to the development of the country.

Mr Jatau, who represents Kokona West constituency, made the call at the annual convention of Eggon Cultural and Development Association (ECDA), Women Wing, on Sunday in Nassarawa Eggon LGA.

The convention has the theme “Celebrating 25 Years of Community Service of Eggon Kyenkyen Primary School, Nassarawa Eggon”.
The programme was to raise funds for the development of the school.

Mr Jatau said that women play significant roles in the development of any society.
He commended the women wing of ECDA for the annual convention and for promoting the Eggon culture and urged them not to relent.
“I urge you to continue to promote your culture in the interest of peace and unity,” he said.

The speaker also urged other citizens of the state to continue to show love and live in unity and peace for the overall development of the state.

Nasarawa Lawmakers

He enjoined them to continue to pray and support Gov. Abdullahi Sule’s administration to succeed.
Mr Jatau later donated the sum of N1 million as part of his support for the development of the association and the school.

Earlier, Rose Attah, the president of ECDA Women Wing, said that the event was organised to promote unity and peace among members of the association.

She said it was also to celebrate 25 years of Eggon Kyenkyen Primary School, Nassarawa Eggon as well as to raise funds for the development of the school.

Ms Attah appealed to all the stakeholders and other dignitaries to donate positively to the growth of the school and the association.

The event featured N25 million fund fundraising for the construction of a modern library, classrooms and unveiling of traditional dishes.