Grain dealers in Dawanau International Market, Kano state have agreed to reduce prices of grains so as to ease the challenges being experienced by people in the state.
The dealers under the auspices of Dawanau International Market Development Association made he resolve following government’s move to shut down warehouses suspected of hoarding food items.
The Chairman of the association, Alhaji Muttaka Isa, disclosed this in an interview with Voice of Nigeria in Kano.
He said that the association’s decision to slash down the prices was also to boost sales as dealers in the International market had been lamenting low patronage for some time now.
“If you go round the market now, you will notice that the prices of grains such as maize, guinea corn, millet and beans have been reduced compared to what was obtained here about two weeks ago.
”A bag of maize now sells for about N53,000, as against the old price of N60,000, while that of guinea corn now sells for N49,000, as against the former price of N55,000, depending on the quality.
”Also a bag of millet which used to sell for N60,000 now costs N53,000 and that of beans now costs between N85,000 and N90,000, as against the old price of between N95,000 and N100,000, depending on quality.” Muttaka said.
Isa also disclosed that a bag of soya beans now sells for N65,000 as against N68,000 before, while a bag of sesame seed which used to sell for N225,000 now costs N220,000.
He further said that a big 100kg bag of local rice which was hitherto sold for between N110,000 and N115,000 was now being sold for between N95,000 and N100,000 while that of wheat now sells for N60,000 as against N63,000.
The chairman noted that the sales of foodstuff in the market had dropped due to the present economic situation in the country, which he said had adversely affected customers’ purchasing power.
He appealed to the Federal Government to provide subsidised fertilizer and other farm implements to farmers so as to achieve food security.
Dawanau International Grains Market is the biggest in West Africa supplying goods to customers in Niger, Chad, Cameroon and the Central African Republic, among others.
It also stores crops such as Sobo, Sesame Seeds, Tamarind and Soybeans which are exported to Asia, Europe, and other global markets.
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