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.

Irepodun     Imam Gambari     Unilorin     Bank Of Industry     Amuda Aluko     Abdulrahman Abdullahi Kayode     Kwara State Television     Mansurat Amuda-Kannike     SSA Youth Engagement     Akeem Olatunji     Okoolowo     Umar Ayinla Saro     GAMA     Haashim Initiative For Community Advancement     Harafat E. Mukadam     Bashiru Makama     Saka Adeyemo     Bamikole Omishore     Alaro     Muhammad-Mustapha Suleiman     Ahmad Fatima Bisola     Lola Ashiru     Temi Kolawole     Aliyu Kora-Sabi     Farouk Salim     Belgore     Abdulkadir Akanbi-Oke     Ope Saraki     Afonja     Olomu     Yusuf Abdulkadir     Bamidele Adegoke Oladimeji     Bio Ibrahim     Zubair Folorunsho Erubu     Yahaya Muhammad     LAK Jimoh     Babatunde Ajeigbe     Government Girls’ Day Secondary School Pakata     Demola Banu     Afeyin-Olukuta     Ilorin Water Reticulation     Kwabes     Okeose Christian Cementary     Oladipo Akanmu Tolani     Afolasade Opeyemi Kemi     Raliat Elelu-Habeeb     Orisun Igbomina     Sheriff Olanrewaju     Aisha Abodunrin Ibrahim     Mutawali Of Ilorin     Sherif Sagaya     Omotoso     Sodiya     Issa Oloruntogun     Ekweremadu     Muhammed Abdullahi     Mohammed Halidu     Ben Duntoye     Kayode Zubair     Abdulsalam A. Yusuf     ER-KANG Mining     Binta Abubakar Mora     KWAFFA     Ghali Alaaya     Communication Network Support Services     Yunus Lawal     Umar Yakubu Jaja     Samuel Elizabeth Keatswa     Sulyman Buhari     Lukman Adeloyin     Ashiru     Muhammad Ghali Alaaya     Igosun     Abdulraheem Yusuf     Arik     Halidu Danbaba     Tanke    

Cloud Tag: What's trending

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

Aminu Adisa Logun     Razaq Atunwa     Idris Garuba     Baaziki Sulaiman     Majlis For Sadakah, Zakat And Waqf     Simeon Sule Ajibola     Mamman Saba Jibril     Stephen Fasakin     Hydroelectric Power Producing Areas Development Commission     Aasiyat Bello Oyedepo     Yahaya Abdulkareem Babaita     Usman Alkali Baba     Afetu Of Alabe     Kolawole Bashirat     Folajimi Aleshinloye     Shoprite     AbdulFatai Adeniyi Dan-Kazeem     Olatunde Jare     Oyelere Oyinloye     Bankole Omishore     Adamu B. Yaqubu     Ahman Patigi     ANCOPPS     PharmAccess Foundation     Rebecca Olanrewaju     Veterinary Teaching Hospital     Rotimi Atere     Olayinka Oladapo Jogunola     KWASAA     Yakubu Shaaba     March 28     Timothy Akangbe     Ali Ahmad     Maigidasanma     Olatunde Michaels     Kwara State Health Insurance Agency     Principal Private Secretary     Alabi Olayemi Abdulrazak     Abdulwahab Ololele     Henry Olaosebikan     Sabitiyu Grillo     Chartered Institute Of Personnel Management Of Nigeria     Tinubu Legacy Forum     FOMWAN     Oke-opin     Moses Rahman Popoola     Gbugbu     NAWOJ     Femtech     Muslimah Entrepreneurship Forum     Volunteers Of Ilorin Community And The Emirate     Muhammad Ghali Alaaya     Yomi Ogunsola     Kemi Adeosun     Labour Party     Alao Ayotunde     Olumide Daniel Ibitoye     Akorede     Obayomi Azeez     Neuropsychiatric Hospital     Kaosarah Adeyi     Ahmad Fatima Bisola     Hamid Bobboyi     Ekweremadu     Saliu Ajia     Christopher Odetunde     Sola Saraki Educational Foundation     RTEAN     Senior Staff Union Of Colleges Of Education     Ayoade Akinnibosun     Mohammed Abduraheem     Olusin Of Ijara Isin     CACOVID Palliatives     Iyaloja-General     Yekeen Alabi     Solomon Edoja     Suleman Abubakar