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Price of rice falls to N9,000 in Jos


JOS – With few days to Christmas, the price of rice has fallen to N9,000 across markets in Jos metropolis, a survey by the News agency of Nigeria reveals. (NAN)
NAN also reports that in spite of the last minute rush and high demands for goods in the market, prices of some goods have remained stable with slight increases in some.
At the Terminus Market in Jos North, Mr Chidozie Osuafor said the price of a 50kg bag of Mama Gold previously sold for N10,500 has fallen to N9, 000.
He said that bags of PGS Tomato and Stallion rice of the same measure had fallen from N10,500 to N9, 500 each.
Osuafor attributed this to low cash in circulation as both federal and state workers had yet to be paid salaries
At Tudun Wada Market, Jos South, a rice merchant, Mr Azi Galadima also said the price of a 50kg bag of rice had fallen to N9,000.
“We sell all the brands of rice at the same rate of N9,000 to encourage people to patronise us for the Christmas celebration”, he explained.
He said patronage was still very low despite the reduction in price.
Galadima also attributed the situation to salary arrears owed civil servants by the government in the state.
NAN also reports that the situation in Pankshin town was even better as 50kg bag of rice sells for as low as N8,500.
Mrs Bridget Peter, a civil servant, told NAN that even at the low price, many civil servants could not afford a bag of rice as they had been owed salaries.
A trader in Tudun Wada Market, Miss Aweki Yusuf, however, said the price of a bag of onions had increased from N8,000 to N38,000 or N40, 000 depending on the size.
She attributed the increase to the security challenges in the North East – the source of supply.
“The attacks in the North East have made supply of onions to this part very expensive and we cannot intervene in this issue as it is beyond us,” she stressed.
A measure of flour at Tudun Wada market remained at N170 while some corner shops in Zarmanganda recorded slight increment to N180.

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