The price of foodstuffs have crashed further
in Bauchi state after months of soaring food
prices.
Checks in some of the major markets in the state
revealed that prices of foodstuffs have reduced by 50% ,
Daily Trust reports.
According to Malam Adamu Kafin Maigari, a grain
seller at Muda Lawal Market, Bauchi, a bag of maize
which few months ago was going for N18,000 now sells
for N9,000 while local rice that used to cost N35,000
is now being sold at N20,000.
He also said that a bag of beans is now sold at
N16,000 from its previous price of N25,000, while a
bag of millet and white rice popularly called Shinkafar
Tuwo, now cost N9,000 and N20,000 respectively
from their previous prices of N15,000 and N37,000.
Kafin Maigari attributed the crash in prices to the
bumper harvest recorded in the country following the
massive engagement in farming by many people.
However the grain seller expressed concern with the high
cost of foreign rice which is still sold at N18,500 per
bag.
He called on the federal government to address the
shortage of foreign currencies particularly the dollar, to
enable importers conduct their legal businesses without
hitches.
Meanwhile, the prices of food items have crashed in
Hadejia, Jigawa state. PM News reports that the crash
in food price is as a result of ‘a significant increase in
the supply of agricultural produce to the market’.
According to investigations by NAN at Hadejia market,
food prices were down by about 30 percent. Now, a bag
of millet goes for N14, 000 as against N18, 000 while
a bag of paddy rice went for N8, 500 as against its
previous price of N11, 000.
