Prices of grains hit the roof top in in Yobe
Survey reports say that prices of grains have increased in Potiskum Grains Market in Yobe.
Market survey shows that a bag of red beans sold at N30,000 three weeks ago, now cost between N35,000 and N36,000, while a big measure of red beans that cost N900 three weeks ago now goes for N1,000.
Similarly, a 100kg bag of local rice that cost between N34,000 and N35,000 three weeks ago now goes for N38,000, while a measure of the rice that went for between N900 and N1,000 three weeks ago, now cost N1,100.
A bag of maize that sold for between N14,000 and N15,000 three weeks ago, now cost between N18,500 and N19,000, while a measure that went for N400 three weeks ago now cost N500.
A bag of sorghum which cost between N13,000 and N14,000 three weeks ago now goes for between N16,500 and N17,000, while a measure of the commodity goes for N500 as against N400 sold three weeks ago.
Also, a bag of guinea corn now cost N18,500 as against between N15,000 and N16,000 sold three weeks ago, while a measure of guinea corn that cost between N350 and N400 three weeks ago, now goes for N500.
Alhaji Abdullahi Garundaye, Secretary, Grains Merchants Association in the market, attributed the increase in prices to shortage of grains in the market.
“Last year, many farmers did not grow crops in some parts of Borno as a result of incessant attacks by gunmen.
“The few goods you are seeing in the market are those produced in Potiskum and other local government areas in Yobe that are safe to cultivate crops,” he said.
Market survey shows that a bag of red beans sold at N30,000 three weeks ago, now cost between N35,000 and N36,000, while a big measure of red beans that cost N900 three weeks ago now goes for N1,000.
Similarly, a 100kg bag of local rice that cost between N34,000 and N35,000 three weeks ago now goes for N38,000, while a measure of the rice that went for between N900 and N1,000 three weeks ago, now cost N1,100.
A bag of maize that sold for between N14,000 and N15,000 three weeks ago, now cost between N18,500 and N19,000, while a measure that went for N400 three weeks ago now cost N500.
A bag of sorghum which cost between N13,000 and N14,000 three weeks ago now goes for between N16,500 and N17,000, while a measure of the commodity goes for N500 as against N400 sold three weeks ago.
Also, a bag of guinea corn now cost N18,500 as against between N15,000 and N16,000 sold three weeks ago, while a measure of guinea corn that cost between N350 and N400 three weeks ago, now goes for N500.
Alhaji Abdullahi Garundaye, Secretary, Grains Merchants Association in the market, attributed the increase in prices to shortage of grains in the market.
“Last year, many farmers did not grow crops in some parts of Borno as a result of incessant attacks by gunmen.
“The few goods you are seeing in the market are those produced in Potiskum and other local government areas in Yobe that are safe to cultivate crops,” he said.
