Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.

 

Bicycles and tricycles prices escalate in Kano

12 February 2013, 14:03

Kano - The prices of bicycles and tricycles have increased in Kano metropolis following the ban on commercial motorcycle operations, popularly known as ``Achaba’’

A check by the News Agency of Nigeria (NAN) revealed that while prices of bicycles and tricycles had increased due to high demand, prices of motorcycles remain stable.

Yunusa Gama, a dealer of bicycles at the popular Fagge sales depot, told NAN that prices of both new, used bicycles increased shortly after the ban on commercial motorcycling was mooted by the State Government.

Giving a breakdown of the hike, Gama said a Hero bicycle, which used to sell for N14 000, now cost N15 000, while Phoenix 26 that used to cost N11 000 now sold for N13 000.

Similarly, Senior Max brand, which was sold at N12 000 now cost N13 000, while Suzuya, which was N10 500, now cost N12 500.

On the second hand category, Gama said that Phoenix 26, which used to cost N12 000 now sells for N15 000, while the 27th Edition, which sold for N14 000 barely a month ago, now cost N20 000.

Gama said before now, not more than 15 to 20 bicycles were sold out at the depot in a day, but that the level of patronage had had now increased astronomically to the extent that up to 100 bicycles were being sold in a day, especially at weekends.

The situation at the nearby tricycles depot was also not very different as a dealer, Mohammadu MaiLamba, told NAN that the price had increased by N10 000 for a tricycle.

He, however, said that the cost of motorcycles had remained stable.

He said a tricycle that used to cost N373 000, including the assembling of its parts, now sold for N383,000 stressing that the level of patronage had also increased by more than four times.

NAN recalls that the State Government had on Jan. 20, suspended the use of motorcycles for commercial transportation before the state House of Assembly last Wednesday passed into law the bill prohibiting the service in Kano metropolis.

NAN 

Tags kano state
NEXT ON NEWS24 NIGERIAX

Read News24’s Comments Policy

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Peregrino Brimah
Are the Yanks still In Town? Whas...

We the people deserve to be in the know. We the people are motivated, willing, able and capable to participate in whatever is required to rescue these girls and destroy Boko Haram Read more...

Submitted by
DSAGE
The wise and supernatural beings ...

I have come a very long way in uphill struggle. It is known to the wise as pilgrimage. They called it "struggle" because nobody in life had ever found it as an easy way.  Read more...

Submitted by
Peregrino Brimah
Jonathan wants to borrow 1 billio...

If the entire 5 years of the Jonathan presidency are audited, the total amount missing/unaccounted for is estimated at up to $127 billion.  Read more...

Submitted by
DSAGE
Truth for freedom under the sun

In actual fact, everybody knows that Biafra needs freedom from Nigeria but it is not known to everybody that the people in general have prices to pay for their freedom under the Sun.  Read more...

Submitted by
Martin Beck Nworah
Invest in our talents

Many players in the NHL, NBA leagues are millionaires while the economy is relatively stable. The people and the government worked hard to make the system work and it paid off.  Read more...

Submitted by
DSAGE
The conclusion in rhyming lines

Facebook is a typical replica of fantasy, dream and imagination. I do not have to tell anybody that fantasy world is full of rare diamonds.  Read more...