The popular saying that ‘Better is half a loaf than no bread’ has come to the fore in the life of Nigerians who are known for their love of eating beef with almost every meal.In restaurants, the size of beef that were normally cut in large portions, with prices ranging from N50 to N200, are now being diced in small pieces, albeit at the same cost. .
“Most customers frown at such development and prefer eating without meat or, better still, go for ponmo. “Imagine taking say N10,000 which you took yesterday to the market today to buy the same things you bought. But you are disappointed to find out that the prices of what you bought had increased to N13,000.“It is very terrible, when those you bought other things from come for their money and you are not able to meet up with paying them.Mr.
The National Bureau of Statistics, NBS, in its Selected Food Prices Watch for March 2024 confirmed the rise in the prices of beef.