Dealers give reasons for high prices of foodstuffs | The Guardian Nigeria News - Nigeria and World News - News Summed Up

Dealers give reasons for high prices of foodstuffs | The Guardian Nigeria News - Nigeria and World News


They have complained that demand for Nigerian rice is more than supply, leaving their requests unattended to for months hence resulting in an increase in price. “The current state of Nigerian rice and the price in the market are becoming something one can no longer handle. Prices of Nigerian brands of rice currently range from N17,000 to N20,500. “The cost of transporting half trailer of rice cost N80,000 from farmers’ villages to Lagos. “Also, the government should be saddled with the responsibility of regulating and fixing prices for farmers and processors for favorable prices,” she suggested.


Source: The Guardian December 30, 2019 03:45 UTC



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