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palliative | Zikoko!
  • What Basic Foodstuff Can You Afford on Tinubu’s ₦8k Palliative Budget?

    What Basic Foodstuff Can You Afford on Tinubu’s ₦8k Palliative Budget?

    Jagaban has hit the ground running just like he promised during his campaign, but it’s still too early to say if we rate him or not.

    What Basic Foodstuff Can You Afford on Tinubu’s ₦8k Palliative Budget?

    He recently announced a monthly ₦8k palliative measure to ease the effects of the fuel subsidy removal. This money, if approved by the senate, will be paid to poor households across the country. 

    But with a budget of ₦8k in today’s Nigeria, how many items can you afford on this list? 

    Rice

    We don’t know if President Tinubu is aware, but a paint bucket of rice is selling for as high as ₦3500 to ₦3700 these days, and it can barely last a month.

    Garri

    What Basic Foodstuff Can You Afford on Tinubu’s ₦8k Palliative Budget?

    Source: GoMarket

    Garri stays being the ultimate saviour in times of hardship. It’s now about ₦1500 for a paint bucket sha.

    Beans

    What Basic Foodstuff Can You Afford on Tinubu’s ₦8k Palliative Budget?

    Source: GidiMarket

    Beans used to be cheap, but not anymore. A derica of drum (olotu) sells for as high as ₦600 and a paint bucket now goes for about ₦3500.

    Instant noodles

    What Basic Foodstuff Can You Afford on Tinubu’s ₦8k Palliative Budget?

    Source: ShopOnClick

    Depending on the type and size you want to buy, you’ll have to shell out about ₦3500-₦5000 from your ₦8k palliative for a carton of instant noodles. The smallest size of common brands sells at ₦100-₦150.

    Egg

    Source: Bulk price store

    This is the protein option for many people who can’t afford chicken, turkey, beef or fish. But even these days, one egg sells for ₦100-₦150 and a crate at almost ₦2500.

    Vegetable oil

    What Basic Foodstuff Can You Afford on Tinubu’s ₦8k Palliative Budget?

    Source: MSME

    A 50cl bottle of local vegetable oil sells for ₦1000-₦1500 depending on where you’re buying from. Prices are relatively cheaper in the local markets.

    Semolina

    The brand determines the price but, on average, a 1kg bag of semolina costs ₦800-₦1000.

    Palm oil

    What Basic Foodstuff Can You Afford on Tinubu’s ₦8k Palliative Budget?

    You’ll get a 50cl bottle of palm oil at your local market for about ₦900-₦1000.