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Home Agriculture

Hoarding causes hike in prices of grains

Grains

The Matters Press by The Matters Press
February 21, 2022
Reading Time: 1 min read
0
Islamic bank supports Kano with N29.7m to upgrade grains market

Alhaji Haruna Pambeguwa, National Chairman, Amana Farmers and Grains Association of Nigeria, has warned members of the association against hoarding grains.

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Pambeguwa, who gave the warning in Damaturu and explained that hoarding was the major cause of hike in prices of grains in the country.

“The astronomical hike in prices of farm produce, even at harvest time, was a matter of great concern to this association.

“ I charge our members to engage in all transactions with a high sense of responsibility, as anyone found wanting would be sanctioned,” he said.

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The Chairman said he was in Damaturu to interact with members, to identify their challenges and proffer possible solutions to them.

Pambeguwa, however, called on the state and Federal Government to ensure that agricultural interventions targeted genuine farmers.

He said if genuine farmers were supported, the cost of production would reduce and farm produce would become affordable to all.

Tags: Grains
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