• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, October 3, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Kano traders pledge to reduce, stabilise prices of goods to curtail hardship

Kano

The Matters Press by The Matters Press
February 13, 2024
Reading Time: 2 mins read
0
World Bank hits Nigeria on fuel subsidies, taxes on sinful goods

Kano Feb.13, 2024: Traders Association Singer Market, Kano, on Monday pledged to reduce and stabilise prices of essential commodities in the state.

RELATED POSTS

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

Atiku’s hunger revolution, delusional – TMSG

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

The Chairman of the Association, Alhaji Ibrahim Danyaro, told newsmen on Monday in Kano shortly after meeting with the Chairman of Public Complaints and Anti Corruption Commission, (PCACC), Muhuyi Magaji Rimin-Gado.
The commission had on Sunday burst and sealed 10 warehouses allegedly used to hoard assorted food items at Dawanau International Grains Market and Singer Market.

Danyaro said “we are going to work hand in hand with the commission to ensure that there is price control in order to ease life for people in Kano and beyond”.

According to him, dealers at the market are selling goods at lesser price than companies, assuring that they would try to maintain the current price from now till Ramadan and beyond.

“We don’t increase prices of foodstuffs like rice, sugar, milk and others.”

He explained that commodity dealers at Singer Market were not hoarding goods at the expense of consumers, saying that their goods at stores were always open for sale to customers.

“We are pleased to inform you that following the recent operation by the anti graft commission, we have come with invoices and other documents to prove to the commission that we are not in anyway engaged in hoarding of commodities at the Singer Market.

“We have proved beyond reasonable doubt that we don’t engage in such.

” Our problem is from the producers of the goods.

” They are the ones increasing the prices unconditionally. What we buy today is not what we will buy tomorrow.

“We have reached an agreement with the commission, that we are not going to increase the prices of goods even as we sell below the company prices.

“We want Gov. Yusuf to address this issue by meeting with the producers, to get to the root of the consistent increase in prices.

Earlier, Mr Rimin-Gado reassured that the commission would go after hoarders and would not relent in its efforts.

He explained that the commodities they found hoarded at the sealed warehouses did not belong to the businessmen of Singer Market.

“They have promised to cooperate with the commission in ensuring that prices of goods are maintained or even reduced and would not rise any more.

“We are going to work with them to ensure that if the prices stabilise, we would make efforts to further reduce them, for the good of the people of Kano,” he said.

Tags: Kano
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s hunger revolution, delusional – TMSG

September 23, 2025
‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG
Economy/Technology

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

September 22, 2025
2023 maritime, shipping outlook force experts to call for aid
Economy/Technology

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

September 17, 2025
NBS reports increase in Inflation
Economy/Technology

Think Tank ‎projects 17% inflation rate by year-end, urges CBN to ease benchmark rate ‎

September 17, 2025
Old pension scheme beneficiaries get a boost in entitlements
Economy/Technology

‎GROUP LAUDS INSURANCE SCHEME FOR RETIREES IN NIGERIA. ‎

September 14, 2025
Next Post
Onne port Customs generates N242b in 2022

Operational challenges at ports worry NARTO

Nigeria, China strategic partnership key to Africa’s development – Shettima

Nigeria plans to establish commodity board to entrench food security

Recommended Stories

Non-remittance of third party deduction by IPPIS worries agencies

IPPIS attributes cash shortage to default in remittances to NHF

August 29, 2023
Maritime sector critical to economic growth — Shippers

Nigeria yet to maximise opportunities in maritime – Bello-Koko

December 20, 2022
UNECA urges media to pressure govts on policies

ECA wants African regulators to supervise credit rating agencies

August 5, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎
  • Atiku’s hunger revolution, delusional – TMSG
  • ‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us