Echotitbits – Nigeria News

Tag: household costs

  • Cooking Gas Prices Hold Around ₦1,000/kg as Supply Improves

    Cooking Gas Prices Hold Around ₦1,000/kg as Supply Improves

    Details shared by The Punch indicate liquefied petroleum gas (LPG) prices have steadied at about ₦1,000 per kilogram in several major cities, after months of volatility.

    Industry sources linked the stability to improved supply conditions and more dependable local output, which has reduced pressure from imports.

    Marketers, however, warned that distribution costs—driven by logistics challenges and diesel prices—remain a risk factor.

    **Echotitbits take:** Stable LPG pricing is a meaningful relief for households and small businesses. The next test is infrastructure: without better distribution networks and cheaper logistics, price stability can quickly unravel.
    Source: The Punch — https://punchng.com/cooking-gas-stabilises-around-n1000-kg-as-supply-improves/ 2026-01-08

    Photo Credit: Punch Newspapers.

  • Onion producers warn of festive-season price jump as demand rises

    Onion producers warn of festive-season price jump as demand rises

    2025-12-14 14:03:00

    According to The Punch, onion producers in Kaduna under NOPPMAN expect yuletide demand to push prices higher, with some bags already quoted well above mid-year levels.

    The report cites the association saying supply timing and harvest cycles across producing states could keep prices elevated into early 2026.

    Onion prices are a major kitchen-staple indicator, feeding into broader food inflation and household spending pressures.

    Analysis/Echotitbits take: Food inflation hits hardest at Christmas when demand spikes. Watch market arrival volumes from Kebbi and other producing states in January–March, and whether logistics and storage improvements can smooth seasonal price swings.

    Source: The Punch — December 14, 2025 — https://punchng.com/onion-farmers-forecast-higher-prices-during-yuletide/

    Photo credit: The Punch

    The Punch https://punchng.com/onion-farmers-forecast-higher-prices-during-yuletide/ December 14, 2025