{"id":1233,"date":"2026-07-13T16:07:27","date_gmt":"2026-07-13T15:07:27","guid":{"rendered":"https:\/\/mediaconversation.com\/?p=1233"},"modified":"2026-07-15T09:00:19","modified_gmt":"2026-07-15T08:00:19","slug":"headline-rising-food-price-put-pressure-on-small-businesses-and-households","status":"publish","type":"post","link":"https:\/\/mediaconversation.com\/?p=1233","title":{"rendered":"Rising Food Prices Put Pressure On Small Businesses , Households"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>By Deborah Izibili<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Residents and business owner in Abraka&nbsp; have expressed concern over the continuous rise in food prices, saying the situation is reducing sales, increasing operating costs, and making it difficult for many families to meet their daily needs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A visit to\u00a0 main market Abraka\u00a0 Wednesday showed that the prices of\u00a0 foods such as rice, beans, meat\u00a0 garri, tomatoes, and vegetable oil have increased significantly in recent months.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Traders attributed the increase to higher transportation costs, inflation, and the rising cost of purchasing goods from suppliers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mrs. Grace J, a foodstuff trader at main&nbsp; Market, said many customers now buy smaller quantities because they can no longer afford to purchase in bulk<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;\u201cPeople who used to buy a full bag of rice&nbsp; and beans&nbsp; now ask for just a few cups. Business is no longer as good as it used to be,\u201d she said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A restaurant owner, Mr. Peters,&nbsp; manger of ritaz explained that the high cost of ingredients has forced him to increase the prices of meals to avoid running at a loss.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some consumers also expressed frustration over the rising cost of living.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They called on the government to introduce measures that would help reduce inflation, improve food production, and support small businesses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Joy a cup cake seller in campus also complain on how the high cost of price has affected her business make customer to price her and she can\u2019t sell else she will run at lost because of higher cost of product her business is slow and it affect her<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Economists say that controlling inflation, improving transportation infrastructure, and supporting local agriculture could help stabilize prices and improve economic conditions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The continued rise in the cost of goods remains a major concern for businesses and consumers, with many hoping that economic reforms will bring relief in the coming months.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Traders are complaining so bad about the high price and how it affect them cause they no longer selll sometimes customers price them and they can\u2019t sell like that cause they will have loss.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite the economic challenges, traders remain hopeful that government interventions and improved market conditions will help stabilize prices and boost business activities in the months ahead.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Deborah Izibili Residents and business owner in Abraka&nbsp; have expressed concern over the continuous rise in food prices, saying the situation is reducing sales, increasing operating costs, and making it difficult for many families to meet their daily needs. A visit to\u00a0 main market Abraka\u00a0 Wednesday showed that the prices of\u00a0 foods such as [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1234,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"iawp_total_views":48,"footnotes":""},"categories":[14],"tags":[31,25,234,314],"class_list":["post-1233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trendingnews","tag-abraka","tag-delsu","tag-food-security","tag-inflation"],"_links":{"self":[{"href":"https:\/\/mediaconversation.com\/index.php?rest_route=\/wp\/v2\/posts\/1233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mediaconversation.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mediaconversation.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mediaconversation.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/mediaconversation.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1233"}],"version-history":[{"count":3,"href":"https:\/\/mediaconversation.com\/index.php?rest_route=\/wp\/v2\/posts\/1233\/revisions"}],"predecessor-version":[{"id":1522,"href":"https:\/\/mediaconversation.com\/index.php?rest_route=\/wp\/v2\/posts\/1233\/revisions\/1522"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mediaconversation.com\/index.php?rest_route=\/wp\/v2\/media\/1234"}],"wp:attachment":[{"href":"https:\/\/mediaconversation.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mediaconversation.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mediaconversation.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}