Sunday, November 16, 2025
No Result
View All Result
News Den Nigeria
  • HOME
  • NEWS
    • NIGERIA
    • AFRICA
    • WORLD
  • POLITICS
  • BUSINESS
  • SHOWBIZ
  • EDUCATION
  • HEALTH
  • TECHNOLOGY
  • SPORTS
  • OPINION
  • MORE
    • FEATURES
    • INTERVIEWS
    • RELIGION
    • RELATIONSHIP
    • VIDEOS
  • HOME
  • NEWS
    • NIGERIA
    • AFRICA
    • WORLD
  • POLITICS
  • BUSINESS
  • SHOWBIZ
  • EDUCATION
  • HEALTH
  • TECHNOLOGY
  • SPORTS
  • OPINION
  • MORE
    • FEATURES
    • INTERVIEWS
    • RELIGION
    • RELATIONSHIP
    • VIDEOS
No Result
View All Result
News Den Nigeria
No Result
View All Result

North-East Residents Groan Over High Cost Of Food Items

by NewsDen Publishers
October 17, 2021
in BUSINESS, NEWS, NIGERIA
0
North-East Residents Groan Over High Cost Of Food Items
Share on FacebookShare on TwitterShare on WhatsappSend to Email

SOME residents in the North East have decried the soaring prices of food items and Liquefied Petroleum Gas in the region.

The News Agency of Nigeria reports that prices of food items and LPG otherwise called cooking gas have shot up by 30 per cent in the past few weeks in markets across the region.

A survey in Adamawa, Bauchi, Borno, Dutse and Gombe showed that prices of grain like rice, maize and beans indicated galloping increase, a trend which exposed residents to hardship while most families resorted to firewood and charcoal due to exorbitant gas prices.

Maris School Admission Maris School Admission Maris School Admission
ADVERTISEMENT

A check at Yola and Wunti Market in Bauchi showed that a 100-kilogramme bag of local variety rice was sold at N47,500; maize N22,000, beans N41,500; wheat N35,500, as against its old prices of N32,500; N18,000, N35,500 and 26,500, respectively.

AlsoRead

No Content Available

A five-litre gallon of vegetable oil was selling at N6,000 against its old price of N4,500 while the same quantity of palm oil sold for N5,000 as against N3,000.

Beef also indicated a similar increase in prices as one kilogramme sold for N2,500 as against its old price of N1,500.

Similarly, checks at various LPG sale outlets showed the product was selling at different prices ranging between N600 and N650 per kg while 12 kg cylinder of the product costs N7,200 as against its previous prices of N350 and N4,200, respectively.

Some of the residents who spoke to NAN in separate interviews attributed the hikes to the activities of middlemen and advocated price controls to regulate prices to protect consumers from exploitation.

Alhaji Musa Arab, a rice farmer in Gombe, blamed the hike in prices of food items on the activities of middlemen, dry spells and poor harvest occasioned by climate change.

Arab identified activities of the middlemen as the major obstacle in the agricultural value chain, adding that a lot of panic buying was ongoing in farming communities in the region.

He said, “The middlemen wait for the farmers to cultivate their crops, they buy it and hoard. They are now buying grains massively. Middlemen are the richest persons in the agriculture value chain, the government should re-introduce marketing board else they would continue to inflict pains on Nigerians.’’

Abubakar Sadiq, a resident of Gombe, decried the high cost of food items, adding that the trend was making it difficult for most husbands to meet their household responsibilities.

Sadiq, a smallholder farmer, said that the cost of farming also resulted in the hike in grain prices, adding that fertilisers and chemicals are expensive.

More so, Alhaji Audu Sabo, Chairman, Maize Growers, Processors and Marketers Association of Nigeria, Bauchi State chapter, attributed the hike in prices of grain to security challenges and effects of the COVID-19 pandemic.

“The security challenges are affecting food production with a negative consequence on prices, and also the negative impact of the COVID-19 pandemic on the global economy compounded to the problem.

“Another problem is the structural imbalance in ensuring proper implementation of the agricultural interventions to mitigate the impact of the pandemic in the sector. This affected prices of food commodities in a bad way,” Sabo said.

Dr Salihu Jahun, Agricultural Economist, College of Agriculture, Bauchi, who corroborated earlier opinion urged the government at all levels to adopt proactive measures to ensure a steady supply of food items to the markets.

“The hike in prices raises a major concern that calls for urgent regulatory measures to enhance food security. Government at all levels should create a more enabling environment to encourage food production to meet the demand of the growing population,” he said.

On his part, Mr Iliya Abarshi, Coordinator, Federal Ministry of Agriculture and Rural Development in Bauchi State, said that the ministry had implemented various interventions to encourage food production.

“The ministry is working to avoid losses at harvest so as to have a backup storage to avert food scarcity,” he said.

According to him, the Federal Government is providing loans and agricultural subsidies to assist farmers and encourage productivity.

On cooking gas, Alhaji Ibrahim Jada and Ishaq Adamu, some of the LPG dealers in Adamawa and Bauchi, attributed the hike in prices of the product to high Foreign Exchange, increase in the Value Added Tax and 7.5 import charges.

They said that LPG prices are pegged on depot prices, adding that about 90 per cent of the product were being imported into the country.

“Between 80 and 90 per cent of LNG products are imported into the country and the price is determined by FOREX. The situation drastically reduced patronage and the number of LPG consumers,” Jada said.

However, Adamu Shitu, the Proprietor, Amana Gas Plant in Dutse, Jigawa, attributed the hike in gas prices to the high cost of transportation.

Also, Iliyasu Abdullahi, the Operation Controller, Department of Petroleum Resources (DPR), Bauchi, attributed the high cost of the product to the removal of subsidy on petroleum products and the new VAT policy.

ShareTweetSendSend
Previous Post

NETWORK OUTAGE: MTN Rolls Out Compensation For Subscribers

Next Post

Bill Clinton Discharged From Hospital

Related Posts

Ethiope Fed Constituency Vows To Unite The Constituency For Victory In 2027
NEWS

Ethiope Fed Constituency Vows To Unite The Constituency For Victory In 2027

by NewsDen Publishers
November 15, 2025
Deputy Governor Onyeme Urges Peace For Development
BUSINESS

Deputy Governor Onyeme Urges Peace For Development

by NewsDen Publishers
November 15, 2025
Onyeme Urges NBC To Quickly Resolve Boundary Disputes Between Delta And Neighbouring States
NEWS

Onyeme Urges NBC To Quickly Resolve Boundary Disputes Between Delta And Neighbouring States

by NewsDen Publishers
November 14, 2025
Delta To Make SARSAC More Functional Says Onyeme
NEWS

Delta To Make SARSAC More Functional Says Onyeme

by NewsDen Publishers
November 13, 2025
Obasanjo, Oborevwori Hail Papa Ayo Oritsejafor As Global Icon of Faith At 80th Birthday
NEWS

Obasanjo, Oborevwori Hail Papa Ayo Oritsejafor As Global Icon of Faith At 80th Birthday

by NewsDen Publishers
November 10, 2025
Next Post
Bill Clinton Discharged From Hospital

Bill Clinton Discharged From Hospital

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

LATEST

Ethiope Fed Constituency Vows To Unite The Constituency For Victory In 2027

Ethiope Fed Constituency Vows To Unite The Constituency For Victory In 2027

November 15, 2025
Deputy Governor Onyeme Urges Peace For Development

Deputy Governor Onyeme Urges Peace For Development

November 15, 2025
Onyeme Urges NBC To Quickly Resolve Boundary Disputes Between Delta And Neighbouring States

Onyeme Urges NBC To Quickly Resolve Boundary Disputes Between Delta And Neighbouring States

November 14, 2025
Delta To Make SARSAC More Functional Says Onyeme

Delta To Make SARSAC More Functional Says Onyeme

November 13, 2025
Obasanjo, Oborevwori Hail Papa Ayo Oritsejafor As Global Icon of Faith At 80th Birthday

Obasanjo, Oborevwori Hail Papa Ayo Oritsejafor As Global Icon of Faith At 80th Birthday

November 10, 2025

TRENDING STORIES

  • Deputy Governor Onyeme Urges Peace For Development

    Deputy Governor Onyeme Urges Peace For Development

    0 shares
    Share 0 Tweet 0
  • Ethiope Fed Constituency Vows To Unite The Constituency For Victory In 2027

    0 shares
    Share 0 Tweet 0
  • Onyeme Urges NBC To Quickly Resolve Boundary Disputes Between Delta And Neighbouring States

    0 shares
    Share 0 Tweet 0
  • Delta To Make SARSAC More Functional Says Onyeme

    0 shares
    Share 0 Tweet 0
  • DTSG Releases 2025/2026 Approved School Calendar 

    0 shares
    Share 0 Tweet 0
  • Onyeme To The People Of Okpanam And Issele-Azagba: Trespass On Land In Dispute, Face Full Wrath of the Law

    0 shares
    Share 0 Tweet 0
  • Obasanjo, Oborevwori Hail Papa Ayo Oritsejafor As Global Icon of Faith At 80th Birthday

    0 shares
    Share 0 Tweet 0
  • Inspirational Quote Of The Day

    0 shares
    Share 0 Tweet 0
  • Onyeme Charges Political Office Holders To Give Back To Their Constituents, Inaugurates Solar-powered Bore Hole Donated By Anthony Chukwu

    0 shares
    Share 0 Tweet 0
  • Onyeme Bags Chieftaincy Title For Humanitarian Activities 

    0 shares
    Share 0 Tweet 0
  • HOME
  • ABOUT US
  • CONTACT US

© NEWS DEN Since 2020 - Published by: GOLDSON'S RESOURCES.

No Result
View All Result
  • Home
  • NEWS
    • NIGERIA
    • AFRICA
    • WORLD
  • POLITICS
  • SHOWBIZ
  • EDUCATION
  • BUSINESS
  • HEALTH
  • TECHNOLOGY
  • SPORTS
  • OPINION
  • MORE
    • FEATURES
    • INTERVIEWS
    • RELIGION
    • RELATIONSHIP
    • VIDEOS

© NEWS DEN Since 2020 - Published by: GOLDSON'S RESOURCES.