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.

Razaq Ayobami Akanbi     Babajide Ajayi     Abdulrahman Abdullahi Kayode     Dauda Adesola     Tafida Of Ilorin     Alimi Abdulrazaq     Nigeria Governors\' Forum     Bayer AG     Mohammed Yisa     Law School Scholarship     Borgu     Aliyu Muyideen     Saka Aleshinloye     Raymond Olaitan     Bursary     National Information Technology Development Agency     Ministry Of Women Affairs And Social Development     Oyawoye     New Nigeria People’s Party     Ajeigbe     John Obuh     Okala Baba     Yashikira     Nupe     Fatai Adeniyi Garba     Muhammed Aliyu     Idi-Ape     Abdulmumini AbdulRazaq     Oko Erin     Kawu     08001000100     GGDSS Pakata     Dele Momodu     Adebara     Special Agro-Industrial Hub     Damilola Yusuf Adelodun     AbdulGaniyu Kareem     Muftau Akanbi Oke     Obasanjo     Ilorin International Airport     KWSUED     Alabere     AbdulKareem Yusuf Danhawa     Dunmade     John Mayokun Dada     Kayode Yusuf     Madawaki Of Ilorin     Ahmed Saidu Rufai     Olatinwo     Wahab Femi Agbaje     Mamatu Abdullahi     Paul Odama     Ilorin Anchor Men And Women     Yinka Aluko     University Road     NFAI     Ndakene     Shuaibu Yaman Abdullahi     Mohammed Lawal     Taofeek Ibraheem     Shuaib Abdulkadir     Amuda Bembe     Olajumoke Monsura Gafar     Michael Imoudu National Institute For Labour Studies     Ajidagba     Omotoso Musa     Alabi Lawal     Kwara State Sports Commission     Saidu Yaro Musa     Ilorin Emirate     Alaaya     Mohammed Ajia Ibrahim     20 Billion Bond     Valsolar Consortium     Shao     Yaru     Danladi    

Cloud Tag: What's trending

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

Erubu Oba Zubair     Vasolar Consultoria     Aliyu Kora-Sabi     TESCOM     VADA     Alabe     Ilorin Talaka Parapo (ITP)     AbdulFatai Adeniyi Dan-Kazeem     Eleja     Ado Bayero     Quarry Royal Valley     Bola Olukoju     Tinubu     All Confederation Of Principals Of Secondary Schools     Olufolake Abdulrazaq     Aso Ofi     Gbugbu International Market     Jare Olatundun     Susan Modupe Oluwole     Roheemat Hammed     Kayode Oyin-Zubair     Olatunji Abdulmumeen     Saad Omo\'ya     Federal College Of Education (Special), Afon     Umar Danladi Shero     Ramadan     Samuel Adaramola     Kishira     Manzuma     Kwara United     Okin High School     Hauwa Nuru     Ilorin East/South Federal Constituency     Elelu     Sheriff Shagaya     Ahmed Shuaib Buranga     Abioye Bello     Muhammadu Gobir     Olaiya Zuberu     Lotus Bank     Sola Saraki Educational Foundation     National Information Technology Development Agency     Muhammed Aliyu     Yusuf Ali     Saka Abimbola Isau     Government High School (GHS), Adeta     Dar-Al-Handasah Consultants     Yusuf Abdulkadir     Binta Abubakar Mora     Suleiman Rotimi Iliasu     Abdulhakeem Adelaja Amao     Gaa Olobi     Sabi     Lafia Aliyu Korasabi     Ijagbo     Makama Of Kaiama     Abdulrahman Abdullahi Kayode     Baboko Primary School     AGM Professional Services     Yusuf Lanre Badmas     Bayo Ajia     Kanu Agabi     Bureau Of Lands     Jeunkunu-Malete-Bani     EFCC     Sardauna     Bisi Kristien     Grillo     Yakubu Danladi     Taofik Mustapha     Share/Tsaragi     Salihu Alhaji Musa     Mope Dasuki Belgore     CACOVID Palliatives     Shuaibu Yaman Abdullahi     Yoruba     Split Diamond Interchange