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.

Amos Sayo     Abatemi Usman     Saka Saadu     Maigida     Hydroelectric Power Producing Areas Development Commission     NFAI     Ayegbeni     Saka Balikis Kehinde     Najim Yaasin     Offa Metropolitan Club     Olanrewju Okanlawon Musa     Moremi High School     Idris Amosa Saidu     Monsurat Omotosho     Col. Adedipe     Twitter     Clement Yomi Adeboye     Haashim Initiative For Community Advancement     Christian Association Of Nigeria     Mansurat Amuda-Kannike     Idofin     Kayode Yusuf     Saka Onimago     Kwha.gov.ng     Monthly Sanitation     IYA ALFA NLA     Samari     Ijagbo Health Centre     Pategi     Isau     Yakubu Gobir     Abdulrahman Abdulrazak     Ibrahim Sulu Gambari     Issa Oloruntogun     Kemi Adeosun     Zubair Folorunsho Erubu     ASMAU PLAZA     Ilorin South     Zainab Abass     Saraki     Femi Gbajabiamila     Sarkin Malamai     Mohammed Jimoh Faworaja     Hijaab     Damilola Yusuf Adelodun     Olatunji Moronfoye     Ayekale     Emmanuel Bello     CLAY POT     Jaiz Bank     Computer Based Test     TIC     Share-Tsaragi     Saad Omo Iya     Mutawali Of Ilorin     Abdul Jimoh Mohammed     Orire     Babatunde Ishola Babaita     Salami Adekunle     AbdulRauf Keji     Hajj     Saeedat Aliyu     Forgo Battery     Idi-Ape     Olabanji Orilonishe     Yakub Ali-Agan     Amina El-Imam     Babajide Ajayi     Tunde Yusuf     Bashiru Makama     Adebara     Hassan Oyeleke     Sulu Gambari     Yusuf Ali     Mufti Of Ilorin     Ndakene     Muhammad Fawaz Abubakar    

Cloud Tag: What's trending

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

Musbau A. Akanji     Millennium Development Goals     Kwara Poly     Olupako     KW-GIS     Salary     Bello Oyedepo     Radio Kwara     Ahmad Ali     Erin-ile     Kwara-SAPZ Project     Emir Of Ilorin     Kwara Polytechnic     LEAH Charity Foundation     Kwara TV     Kwara     Kwara Pdp     Odolaye Aremu     Bibire Ajape     Erubu Oba Zubair     Bolaji Aladie     Olusegun Adeniyi     Aishatu Ahmed Gobir     Oladipo Akanmu Tolani     Yahaya Jibril Usman     Idris Garuba     Bola Olukoju     CCEPE     ITEM 7     Gbemi Saraki     Kwara State Infrastructure Development Fund     Minimum Wage     Justina Oha     Abdulwaheed Musa     Emir Of Lafiagi     Olota Of Odo-Owa     Transition Implementation Committee     Mutawalle     Kayode Yusuf     Abdulsalam Firdaous Amosa     Ahmed Saidu Rufai     Manzuma     Abdulrazaq Akorede     Oke-Ode     Oko Erin     Oja-Oba     Ilofa     Mohammed Abdulahi     UTME     Balogun Fulani     Baaziki Sulaiman     International Public Sector Accounting Standards     Mufutau Olatinwo     Babaloja-General     Omotosho     Ladi Hassan     Overland     Aro Yahaya     Bilikisu Oniyangi     Garba Idris Ajia     Babatunde Ajeigbe     N-Power     Salman Alada     Public Holiday     Yetunde Balogun     Medinat Folorunsho Salman     Government House     Geri-Alimi Split Diamond Interchange     Iyabo Dupe Adekeye     Abdulrahman Abdulrasaq     Nigeria Customs Service     MAI Akande     Kale Bayero     Kwara 2023     Wale Oladepo     SARS     Sheikh Hamzat Yusuf Ariyibi