Prices of food items are coming down as new harvests reach markets in Kano State.
A survey carried out in some markets in Kano shows that prices of some grains have drastically reduced but that of rice dropped slightly.
A bag of maize is now selling for N10,000 as against N13, 000 it sold in the last month, while a measure cost N357, down from between N470 and N500 sold previously.
A measure of millet which sold for N360 last month now sells for N250.
NAN checks revealed that the price of a bag of rice, which sold for N19,000, is now selling at N17,500 while a measure cost N700. Some consumers, who spoke with NAN, expressed optimism that the prices of food items would crash further before the year ends.
Malam Sani Usman, a consumer, said that the current economic hardship would end when there is massive food production.
Usman explained there was bound to be shortage of food in a situation where consumption was higher than production.
“There will is bound to be food shortage and the economy will become weak,’’ he said.
Another customer, Ibrahim Asim, appealed to traders to desist from hoarding food in attempt to make more profit.
NAN SHARE YOUR STORY WITH US VIA EMAIL: INFO@247NIGERIANEWSUPDATE.CO RECEIVE NEWS VIA OUR WHATSAPP, KINDLY TEXT +234 701 056 0394 TO ADD YOU CLICK HERE TO JOIN US ON OUR YOUTUBE CHANNEL FOR NEWS UPDATE CLICK HERE TO JOIN US ON TWITTER FOR INSTANT NEWS UPDATE: @247NGNEWSUPDATE CLICK HERE TO JOIN MILLIONS AROUND THE GLOBE TO READ NEWS ON OUR FACEBOOK FAN PAGE FOR INSTANT UPDATES ON INSTAGRAM CLICK HERE RECEIVE INSTANT NEWS UPDATE VIA OUR BBM BROADCAST: D3EDEFDF PLACE YOUR TEXT ADVERT BELOW:>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>