[size=14pt]Prices of foodstuffs escalate as Ramadan approaches[/size]
on JULY 28, 2011 · in NEWS

Abuja : A few days to the commencement of the Ramadan fast, the prices of foodstuffs and other essential commodities have escalated in most markets across the country, according to a national survey.

Correspondents, who monitored market prices in some state capitals, report that the prices of foodstuffs and other essential commodities, such as fruits, vegetables, eggs and beverages that are in high demand during the Ramadan fast had soared.



Traders attributed some of the reasons for the hike in price to the Ramadan fast, the increase in the minimum wage of workers, high cost of transportation and increase in the cost of diesel, amongst others.

In some markets in Birnin Kebbi, the Kebbi capital, reports show that the prices of rice, beans, fruits, beverages, cooking oil had gone up.

Some traders in the market visited, attributed the rising cost of fruits to “high demand during the Ramadan fast, increase in the minimum wage of workers, in addition to personal costs incurred by retailers from suppliers”.

The survey in some markets in Kebbi showed that the prices of a bag of the various brands of imported rice had gone up to between N9,500 and N10,000 as against the former price of between N7,500 and N8,000 some days ago.

Similarly, a bag of beans, which formerly sold for between N6,500 and N7,000 had also increased to N8,000.

The price of fruits like oranges, pineapples and banana had also witnessed increases with a bag of oranges being sold for between N7,000 and N7,500 from N4,000 and N5,000 some few days ago.

A big bunch of banana is sold for between N700 and N1,000, while the price of water melon remained fairly stable at between N150 and N200.

http://www.vanguardngr.com/2011/07/prices-of-foodstuffs-escalate-as-ramadan-approaches/

Only God can imagine what hunger will do to Southern Nigerians if the North secedes. Will they drink their crude oil or what?

aloy-emeka:

Only God can imagine what hunger will do to Southern Nigerians if the North secedes. Will they drink their crude oil or what?

As long as they are not planning to go with any part of the North-Central, we'll be fine and they'll be fine.