Prices of foodstuff have again gone up in major markets across the country as Nigerians engaged in panic buying in a bid to stock their homes before the planned nationwide #EndBadGovernance protest begin today.

This comes as last-ditch moves by the Federal Government to stop the protest failed to arrest the momentum generated by the organisers, who insisted the protest would go on as planned.

The protest organisers want an improvement in the soaring cost of living and a reversal of some harsh government policies, particularly the removal of petrol subsidy.

The subsidy removal, along with ongoing security issues in farming regions, has led to increased transportation costs and subsequent food inflation.

In a late rally to stop the demonstration, the Secretary to the Government of the Federation, Senator George Akume, Wednesday, addressed an emergency press conference where he again admonished Nigerians to shun the proposed protest.

Other top officials also pleaded for the suspension of the protest, including the Minister of Information and National Orientation, Mohammed Idris, Atiku Bagudu (Budget and Planning), Wale Edun (Economy) and presidential media aide, Bayo Onanuga, among others.

They reeled out all the people-oriented policies and programmes implemented by the Tinubu government and sought the understanding of Nigerians.

Earlier on Wednesday, the Inspector-General of Police, Kayode Egbetokun, also invited journalists for an urgent press conference at the force headquarters.

Also, the National Assembly held a plenary on Wednesday after cutting its recess short.

The Speaker of the House of Representatives, Tajudeen Abbas, addressed youths at a hastily convened town hall meeting at the National Assembly Complex, where he reiterated his appeal to the protest organisers to embrace dialogue with the Federal Government to find solutions to the hardship in the country.

The SGF in his remarks said the government recognised the right to protest but was wary of the planned protests being hijacked “by bandits, insurgents and other criminals.”

He added, “We, therefore, appeal to Nigerians of whatever persuasion, belief, demography, gender and status to shun calls for protests

“For avoidance of doubt, the government of President Tinubu recognises the right to peaceful protest but circumspection and vigilance should be our watchword.

“The government is wary of the dangers associated with protests that are vulnerable to being hijacked by bandits, insurgents and other criminals. Rather, we request that dialogue should be advanced and we remain open to such.

“Our appeal is that Nigerians should please pursue the path of peace, dialogue and collaboration in addressing the challenges that collectively confront us.”

Akume outlined some interventions of the Tinubu-led administration in the 14 months since its inauguration on May 29, 2024, stating that the country was undergoing refining and recalibration and that economic growth remained a goal of the Federal Government.

“Within a space of 14 months of purposeful leadership, the administration has recorded tremendous accomplishments that laid the foundation for immediate, medium and long-term prosperity of Nigerians, in an inclusive manner.

‘’Mr. President approved a Wage Award of N35,000 for a period of six months to cushion the effect on workers. This award was higher than the minimum wage.

“Mr President has just signed into law a new National Minimum Wage Act which prescribed N70,000. This represents more than 100 per cent increase from the last minimum wage (N30,000) and takes retroactive effect from April.”

He added, “As part of the efforts of the FG to take development to the grassroots, the government approached the Supreme Court for a decision on the funding of LGAs in Nigeria. The favourable judgement has now set the LGA on the path to its financial and development autonomy.

“For the first time in our nation, the President created a stand-alone Ministry for the Youth that accounts for a large percentage of our population. Under the N35 billion Nigerian Education Loan Fund, approved beneficiaries have exceeded the 40,000 mark of the expected 70,000 beneficiaries.”

Food prices soar

Afraid the protest might turn violent and restrict movement, following government’s failed move to stop it, panicky Nigerians stormed markets on Wednesday for last minute grocery shopping, to the delight of traders, who hiked prices of their food items.

“From the news, it appears this protest may not just be another rally. So, I came here to buy food and stock my home for, at least, two weeks. In case the protest goes beyond the stipulated time, my family and I would have something to eat,” Mrs Adeyinka Fakunle told one of our correspondents at Balogun Market, Lagos Island, on Wednesday.

Checks by our correspondents in the last two days showed that food items like rice, beans, yams, garri and noodles had again gone up about the fourth time in 2024 alone.

The impending protest had dominated discussions in the past couple of weeks, with officials in government, urging youths to rather dialogue than stage the protest, noting the possibility of the protests being hijacked by hoodlums and miscreants.

Abuja

At the Garki International Market in Abuja, a 50kg bag of foreign rice, which previously sold for about N79,000 now sold for between N86,000 and N90,000. Yams which only a few weeks ago sold for N5,000 per tuber, sold for N7,000 per tuber and N28,000 for a set of 5.

A mudu (local measure of eight cups) of beans, previously sold for between N2,000 and N2,500, now sells for N3,500 while a mudu of garri, previously N1,300, sold between N1,400 and N1,500. A carton of Indomie noodles previously sold at N7,500 has gone up to N7,700 while a basket of Irish potatoes, sold previously at between N5,000 and N5,500, now sells for N6,000 per basket.