A remarkable letter from 41 years ago has surfaced, revealing the drastic increase in food prices over the years. The letter, written by a school administration in 1983, complained to parents about the rising cost of food items.
According to the letter, a drum of palm oil cost N700 at the time, which the school deemed too expensive. Brown beans, which now cost a staggering N120,000, were offered for just N200. Other food items, such as rice and yams, also saw significant price increases.
The school management was forced to increase school fees by N20
As a result of these rising costs, the school management was forced to increase school fees by N20. The letter explained that this decision was made to ensure that the school could continue to provide meals for its students.
The letter was shared by Senator Dino Melaye on his verified X account, sparking widespread outrage and discussion among Nigerians. Many expressed shock and dismay at the dramatic increase in food prices over the years, with some calling for urgent action to address the issue.
The letter serves as a stark reminder of the country’s economic changes over the past four decades
The letter serves as a stark reminder of the country’s economic changes over the past four decades. It highlights the need for effective economic policies to control inflation and ensure that basic necessities like food are affordable for all Nigerians.
As the country continues to grapple with economic challenges, the letter from 1983 serves as a wake-up call for policymakers to take decisive action to address the rising cost of living and ensure a better future for all Nigerians.
Credit: tgnews.com.ng & Dino Melaye, X
