- Prices of foodstuffs have begun crashing in Jigawa as latest survey of the popular Hadejia market in the state shows
- The market survey reveals also that a bag of rice now goes for N8,500 at Hadejia as against the previous N11,000 that it went for
PM News is reporting that the prices of food items have crashed in Hadejia, Jigawa state. Quoting News Agency of Nigeria (NAN), 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 on Tuesday 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. Maize and sorghum were sold at N11, 000 and N13, 000 down from their old prices of N15, 000 and N17, 000, respectively.
PM News quotes NAN as saying that its investigation showed that the crash was necessitated by the harvesting of food crops and the corresponding increase in the supply of food items in the market.
The post Good news – Price of some food commodities crash in Nigerian markets appeared first on Bonsue TV.
from WordPress http://ift.tt/2bRX44Y
No comments:
Post a Comment