Price of food stuff soars in Kosubosu

Date: 2015-09-21

Price of food items has gone up by 100 per cent in major markets across border communities in Baruten Local Government Area of Kwara, a survey by News Agency of Nigeria (NAN), has shown.

The survey indicates that the border area, referred to as a food hub in the state, has witnessed a rapid rise in the price of the commodities within the last two months.

For instance, a 100-kilogramme bag of yam flour which was sold for N18, 000 before is now N38, 000, while a 50-kilogramme bag of corn and guinea corn has risen from N5, 500 to N10, 000.

A bag of rice which was also sold for between N6, 000 and 6, 800 now sells for between N7, 000 and N8, 000, depending on the brand and the size.

Meanwhile, a consumer at Shiya Market in Kosubosu, Mrs Halimat Sabi, expressed concern about the soaring prices of food stuff, especially when many people could not to afford to buy.

But a food vendor at Okuta Market, Kosubosu, Mr Sulaiman Yaru, told NAN said the development arose from the fact that that farmers were running out of their last harvest.

"Most farmers are out of their stock now, until we have a new harvest, things might continue this way", he said.

According to him, demand for food items across the markets is greater than the rate of supply.

He, however, noted that farmers would begin new harvest in the next few months and that would have a great effect on the price of the items.

"This price we are talking about will soon come down because farmers would start harvesting for this year again," he said.

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Haliru Yahaya     Bashir Badawi     Standard Organization Of Nigeria     Pakata Development Association     Mukhtar Shagaya     Adedipe     Baba Adini Of Kwara State     Abubakar Olusola Saraki     Oju Ekun Sarumi     Hassan Taiye Salam     Imam Gambari     Omotoso     Age AbdulKareem     Pacify Labs     Aisha Buhari     Mohammed Ghali Alaaya     Saidu Yaro Musa     Grillo     Alimi     Abdulsalam Firdaous Amosa     Bolakale Ayo     Sebastine Obasi     Abdulrahman Iliasu     James Ayeni     Adebara     Aliyu Sabi     Oyelere Oyinloye     Suleiman Idris     Saliu Alamoyo     IYA ALFA NLA     Muslim Media Watch Group Of Nigeria     Yomi Ogunsola     Ishaq Oloyede     Fatimoh Lawal     AbdulRauf Keji     CKNG     Goodluck Jonathan     SSA Youth Engagement     Saka Aleshinloye     VADA     Vasolar     Joseph Daudu     RTEAN     KWACOBPA     Seun Bolaji     Olosi Of Osi     Odolaye Aremu     Share-Tsaragi     Oke-Ero     Abdulkadir Jimoh     Turaki     Sardauna     Tayo Alao     Dagbalodo     James Kolo     Awili Pedro     International Aviation College     Tunji Oyawoye     Hydro-electric Power Producing Areas Development Commission     Sidikat Uthman Ajibola     Adamu Ibrahim Sabi     Kazeem Oladepo     Michael Nzwekwe     Senior Ibrahim Suleiman     Isiaka Gold     Gwanara     IDPU     Ishola Moses Abiodun     Maimunat Oloriegbe     Saad Omo\'ya     Ademola Kiyesola     Assayomo     Abikan     Kannike     Wahab Abayawo     Oba Abdulraheem     Revenue Court    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Shuaibu Yaman     Oya State     Lawal Arinola Kudirat     Ahmed Dankaya     Issa Baba     Adewuyi Funmilayo     Makama Of Ilorin     Modibo Kawu     Simeon Sule Ajibola     Paul Olawoore     Hassan Saliu     Ajibola Saliu Ajia     Segun Ogunsola     Kulende     Hassan Oyeleke     Mohammed Tunde-Jimoh     Amos Justus Sayo     Harrison Osauwagboe     Saka Onimago     Yakubu Danladi     Adedayo Yusuf Abdulkareem     Yusuf Abdulkadir     Paul Odama     Women Radio     Sulu Babaita Isiaka     Neo Mundo Ltd     Kwara State Pension Board     Kwara Politics     Alabe     Abdulmumini AbdulRazaq     Abdulganiyu Oladosu     Kumbi Titilope     Abdulhakeem Amao     Ariyo     Quareeb Islamic Association     Oro Grammar School     Abiodun Musa Aibinu     Kwara State Polytechnic     Oladimeji Thompson     Bahago     Abdulrauf Yusuf     Alabere     Sobi     Saliu Tunde Bello     Haruna Olawale Sulaiman     Mustapha Akanbi     Onikijipa     Yusuf Ibitokun Sherifat     The Herald     Olayinka Jelili Yusuf     Amosa     State Bureau Of Internal Revenue     Matthew Okedare     Alfa Belgore     Bank Of Industry     Idris Amosa Saidu     Share/Tsaragi     Ahmed Alhasssan     Sheikh Ariyibi     Afusat Nike Ibrahim     Bayo Onimago     Adama Isa     Ibraheem Adeola Katibi     Javed Khan     Suraj Tunji Oyewale     ASUU     Yusuf Abubakar     Bayer AG     Bayer Nigeria Limited     Abubakar Atiku     Abdullahi Adisa Akodudu     Abubakar Usman Jos     Sunday Fagbemi     PAACO-PCL Consortium     Yunus Oniboki     Issa Memunat Moyosore     Ahmed