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.

Esuwoye     Jide Oyinloye     Makama Of Ilorin     Yaru     N-Power     Salihu Jibril Garbi     Toyin Sanusi     Kwara Volleyball Association     CELF     Ajibola Ademola Julius     Lateef Fagbemi     Ajidagba     Mutawali Of Ilorin     Omotoso     Shuaib Abdulkadir     Olatinwo     Abdulraheem Yusuf     Mahmud Ajeigbe     Timothy Olatunde Fadipe     Lukman Adeloyin     Issa Manzuma     VADA     Yekini Adio     Fatimoh Lawal     David Oyerinola Adedunmoye     Hassan A. Saliu     Abdulmajeed Wahab     Peter Obi     Folashade Omoniyi     Odo-Owa     Rebecca Olanrewaju     Akorede     Park     Jeunkunu-Malete-Bani     Na\'Allah     Baakini     Offa Descendants Union     Towoju     Ile Arugbo     Alfa Yahaya Road     Tunde Mukaila Mustapha     Standard Organization Of Nigeria     Saadu Yusuf     Quareeb     Omu-aran     Dan Masanin     Folorunsho Erubu     Mumini Ishola Hanafi     Wahab Abayawo     KWASAA     Abdullahi G. Mohammad     UTME     SUBEB     Joseph Alex Offorjama     Abiodun Musa Aibinu     Awoye     Abubakar Kawu Baraje     Omoniyi     Benin Republic     Yoruba     AGILE Programme     Adedayo Yusuf Abdulkareem     Moshood Mustapha     Umar Adelodun     Moses Afolayan     Chief Imam Of Omu-Aran     YAKOOYO     Funmilayo Zubair     Ahman Patigi     Bolakale Ayo     Gafaru Olayiwola Olorisade     Isiaka Abdulrazak     Salihu S. Yaru     Tafida     Ibrahim Sulu Gambari     Ojuekun     Hassan Abdulazeez Elewu    

Cloud Tag: What's trending

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

Paul Odama     New Nigeria People’s Party     Adedipe     Alore     Lanre Jimoh     Sam Okaula     Shehu Jimoh     A.G.F Abdulrasaq     Ilesha Gwanara Road     Just Event Online     Muhammed Abdullahi     Shagari     SDP     Saadu Alanamu     Oke-Ero     Muslim Media Watch Group Of Nigeria     Oyin-Zubair     Aliyu U. Tilde     Yusuf AbdulRasheed     Samuel Adedoyin     Stephen Fasakin     Salihu Yahaya     Aisha Gobir     Kassim Babamale     Guber Aspirant     GRA     Prince Sunday Fagbemi     Sherif Shagaya     Alimi Abdulrazaq     Temi Kolawole     Abdullahi Biffo     Ebola     Baba Adini Of Kwara State     Lucky Omoluwa     Abdulrahman Abdulrazak     Oba Abdulraheem     Mohammed Alabi Lawal     Akom Construction And Engineering Synergy Ltd     Talaka Parapo     Okin Group     Innocent Okoye     Funmi Salau     Trader Moni     Oke-Odo     Suleman Abubakar     Tunji Moronfoye     Ita-Ore     Abubakar Usman Jos     BECE     Tosho Yaqub     Baruten     Florence Saraki     Kehinde Baale     Galland Marcias     Ilorin Metro Park     Yaman     Victor Gbenga Yusuf     Saliu Tunde Bello     Nigerian Army     MalHub     Yahaya A Paniyaro     Oloriegbe     Eleja Taiwo Banu     Femi Agbaje     Abdulganiyu AbdulAzeez     Gamji Members Association     Gurei     Kwarareports     Veterinary Teaching Hospital     ANCOPPS     Academic Staff Union Of Universities     Taofik Mustapha     Ahmed Mohammed Rifun     Aliyu Alhassan     Edu     Abdulfatai Baakini     Oro Grammar School Old Students Association