A survey conducted by the News Agency of Nigeria (NAN) on Wednesday at Gadar Bobboji, Kasuwan Bera and Mile Six Markets, shows that the price has significantly decrease.
A measure of local rice selling between N650 and N750, two to three weeks ago, is now sold between N480 and N550.
Similarly, a bag of local rice sold between N28, 000 and N30, 000 two to three weeks ago is now selling at between N23, 000 and N24, 000.
When contacted for comment, the leader of rice sellers at Gadar Bobboji Market, Alhaji Nura Mohammed, attributed the price decrease to availability of the commodity in the market.
He said that the bumper harvest recorded by farmers in the state had contributed to the increase in supply. Mohammed predicted that the price could drop further ahead of the Yuletides if the current supply of rice to the market was sustained.
It was however discovered that the price of foreign rice has slightly increased in the markets.
A measure of foreign rice which costs N950 two weeks ago is now selling at N1, 000, while a 50kg bag of foreign rice has gone up from N18, 500 to N19, 000. PLACE YOUR TEXT ADVERT BELOW:>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> How I Made Me =N=2.5 MILLION In 7 Days from 2 Common Product I Imported and how you can do the same. Click HERE FOR FREE Details right now Warning To Men: This 3 Foods Is Killing Your Erection. Click Here To Know Them Secret Fruits that increased my Manhood and makes me last 55 minutes+ all time - Click here to get it Warning: Got Arthritis? 3 Simple Ways To Get Cured And Be Permanently Free From Joint Pains. Click Here To See Them REVEALED!! Reduce Your Blood Sugar Level And Reverse Diabetics Within A Short Period Of Time. Click Here To See How MIDNIGHT,Pressed Mr Kilanko Suddenly Couldn't Urinate. Shrink your Enlarged Prostrate Here! Click Here Now