Kano, Feb.15, 2024: The Chairman, Dawanau Market Development Association in Kano State, Alhaji Muttaka Isa, on Wednesday said that the association has reduced the prices of grains in the state.
Isa said that the association’s decision to reduce the prices of the commodities was to boost sales as dealers have been lamenting low patronage and sales for some time.
According to him, if you go round the market now, the prices of grains like maize, guinea corn, millet, and beans have been reduced compared to what was obtained about two weeks ago.
”A bag of maize now sells for about N53,000, against the old price of N60,000, while that of guinea corn now sells for N49,000, as against the former price of N55,000 depending on the quality.
”Also a bag of millet which used to sell for N60,000 now costs N53,000 and that of beans now costs between N85,000 and N90,000, as against the old price of between N95,000 and N100,000, depending on quality.
He added that a bag of soya beans now sells for N65,000 as against N68,000 before, while bag of sesame seed which used to sell for N225,000 now costs N220,000.
He further said that a big bag of local rice which which was hitherto sold for between N110,000 and N115,000 was now been sold for between N95,000 and N100,000 while that of wheat now sells for N60,000 as against N63,000.
The chairman noted that the sales of food products had dropped due to the present economic situation of the country, which had greatly affected customers’ purchasing power.
He appealed to the federal government to provide subsidised fertilizer and other farm implements to farmers to achieve food security.
