Price of local rice drops in Jalingo markets


The price of local rice has significantly dropped in
some major markets in Jalingo, Taraba.

A survey conducted by the agency on Wednesday
at Gadar Bobboji, Kasuwan Bera and Mile Six
Markets, shows that the price has significantly
decrease.

A measure of local rice selling between N650 and
N750, two to three weeks ago, is now sold between
N480 and N550.
Similarly, a bag of local rice sold between N28, 000
and N30, 000 two to three weeks ago is now selling
at between N23, 000 and N24, 000.

When contacted for comment, the leader of rice
sellers at Gadar Bobboji Market, Alhaji Nura
Mohammed, attributed the price decrease to
availability of the commodity in the market.
He said that the bumper harvest recorded by
farmers in the state had contributed to the increase
in supply.

Mohammed predicted that the price could drop
further ahead of the Yuletides if the current supply
of rice to the market was sustained.
NAN however discovered that the price of foreign
rice has slightly increased in the markets.
A measure of foreign rice which costs N950 two
weeks ago is now selling at N1, 000, while a 50kg
bag of foreign rice has gone up from N18, 500 to
N19, 000. 


Thomas
Certified Web designer, Computer/Internet
Enthusiast. I believe in Creativity.
Proudly The CEO Of Primebaze.com.ng
Thomas on EmailThomas on FacebookThomas on InstagramThomas on Twitter

Leave a Reply

Your email address will not be published. Required fields are marked *