I have been thinking and trying to analyze what is really causing the high cost of food in Nigeria, I came to realize that monopoly is the major factors, Nigeria government are the enablers. How can one person be the sole major distributor, government should welcome competition in the business sector, every business person should be allowed to produce.
Since the demands for goods is high,the price of that goods tends to increase vigorously and this happens when inflation occurs.
There can be a Competitive markets as well probably if the government play a vital role in the market sector rather than leaving it for a sole distributor.
And I'm sure there's a way to reduce this price,cause one's a particular goods is being increased the tendency of taking it back to the normal price is a hard job and I believe the market is experiencing a competitive aspect but one thing that has handed it down is the existence of inflation which we ought to know how to tackle before that.