Prices of food items crash in Kano, bag of rice now N17,500

Prices of food items are coming down following the arrival of new harvests at Kano markets where a bag of rice now sells for N17,500 as against previous price of N19,000 and above.


A survey at some markets in the state revealed that prices of some grains have drastically reduced but rice, still experiencing high demand, remains costly but with slight drop in price. A bag of maize is now selling for N10,000 as against N13, 000 it sold last month, while a measure cost N357, down from between N470 and N500 previously.

Price of a measure of millet has equally dropped from N360 to about N250. Checks revealed that the price of a bag of rice, which sold for N19,000, is now selling at N17,500 while a measure cost N700.

Some consumers, who spoke with newsmen, expressed optimism that the prices of food items would crash further before the year ends. Malam Sani Usman, a consumer, said that the current economic hardship would end when there is massive food production. He said that when people don’t produce but consume more, “there is bound to be food-shortage and the economy will become weak’’.

Another customer, Ibrahim Asim, appealed to traders to desist from hoarding food in an attempt to make more gains.

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  1. What is crash about buying rice at N17,000 or so? It was N8,500 few months ago and with change seeeeeeeeeee

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  2. now, i beleive PMB. we have been consuming foreign food items and that is why changing to our own locally produced food stuffs has been a cross for us. gradually, Nigeria will stand strong again.

    ReplyDelete
  3. Hahahahaha! 17500 be crash? How much rice was sold during the last administration? Apc! Kworshiokor change!

    ReplyDelete
  4. I PITY PEOPLE WHO COMMIT SUICIDE BECAUSE THEIR REGRET WILL BE MUCH IN HELL.GOD BLESS NIGERIA

    ReplyDelete

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