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Prices of staple foodstuffs rise in Kano

16 January 2013, 10:15

Kano - The prices of some staple foodstuffs such as beans, soya beans, maize, local rice, millet and wheat have increased in Kano in the past one week.

A market survey by the News Agency of Nigeria (NAN) at the Dawanau International Grains Market, revealed price hikes of between 25 per cent and 35 per cent in the past one week.

A bag of red beans now sells for about N16,000 as against N14,000 while a bag of white beans goes for N17,000 from its previous price of N11,000.

The survey further showed that a bag of soya beans had risen to N9,000 from between N7,000 and N8,000 while a bag of millet shot up from N7,000 to N8,000.

Similarly, a bag of local rice which used to sell for N14,500 has climbed to between N16,000 and N17,000.

Also a bag of wheat which was sold at N13,000 now goes for N18,000 in the period under review.

However, the prices of other items such as sugar, flour, groundnut and palm oil remained stable in the market.

A grains dealer, Ibrahim Maishinkafa, attributed the increase to the shortage of the commodities in the area.

Maishinkafa blamed the scarcity on last year's flood disaster that ravaged farmlands and destroyed crops.

Another dealer, Malam Bala Kabir, said it was triggered by the high cost of transportation in the country.


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