A market survey conducted by NAN in Enugu on Saturday shows that the price of the product increased due to the rainy season.
A dealer of the product at Ogbete Main Market, Mr. Samuel Alekeozor said that the product was always very scarce at the climax of rainy season.
Alekeozor said that the river was always high at this period of the year thereby making it difficult and dangerous to get the product especially in Oron, Akwa Ibom where they got the best specie of the product.
He said that the more water in the river, the more costly the product would become as it was very difficult to get the product at the apex of the rainy season.
A buyer, Mrs. Nkechi Onoh said that she just bought a bag at N90,000 as against N45,000 she bought in May.
A seller, Mr Nicholas Ogbuke said that a 50kg bag is sold at between N90,000 and N95,000 depending on the specie as against N45,000 and N50,000 sold in April and May.
Ogbuke said that a paint bucket of crayfish is sold between N3,700 and N4,000 depending on the specie as against N1,800 and N2,000 sold in May.
He said that the price would continue to rise as the rains got heavier.
A buyer, Mrs Nkechi Onoh said she bought a big bag of crayfish for N45,000 in May but the same bag was now sold at N90,000.
Onoh said she came to buy for her colleagues in her office but could not buy as they contributed N55,000 to buy and share.
”l have to return the money to them because it is too expensive for civil servants like us,” she said.
Another buyer at Artisan market, Mrs. Monica Ngene attributed the high cost to artificial scarcity, saying that the price was high because of the announcement on the new minimum wage by the federal government.
Ngene said that civil servants had not started receiving the minimum wage as prices of almost everything in the market had gone up.
She urged the governments at all level to start implementing the minimum wage so that people could measure up with the high cost of things in the market.
Edited by Maureen Atuonwu
Price of garri rises by 95% in Enugu
Prices of garri (cassava flakes), a Nigerian staple food, has jumped in some major Enugu markets, according to a survey by the News Agency of Nigeria .
A correspondent of NAN, who visited some markets in Enugu on Saturday, reports that the prices of white and red garri had increased by about 90 per cent.
Some garri sellers attributed the price hike scarcity of cassava due to off-season of the tuber.
Miss Felicia Ozoemena, a garri seller at New market, said that the price of a 4.5 litres bucket of white garri that was sold for N350 before, now cost N650.
Ozoemena also said that a 4.5 litres bucket of red garri goes for N900 as against the previous price of N550.
Another garri dealer at Garki market, Mr Uche Igwesi disclosed that a bag of garri previously selling at N14,000 is now selling at N22,000.
“The prices of foodstuffs like garri are always high during planting season but during the harvest period, they become cheaper.
“Due to lack of facilities to preserve the produce after harvesting, many produce go bad, therefore, leading to prices hike,’’ Igwesi said.
Another seller at Mayor Market, who did not want to be identified, said that the increase in prices was because many people had left farming.
“When many farmers went into cassava farming in 2017, the price of garri dropped significantly,’’ she said.
A buyer at Ogbete Main Market, Mrs Ngozi Egwu, expressed worry at the sudden rise in the prices of garri, adding that there was no much money in circulation.
A farmer, Mr Onwuka Ndubisi urged the public to embrace cassava farming so that there would be surplus of garri in the next harvest season.
“Surplus of cassava would definitely bring about crash in the price of garri if we all go into cassava farming, Egwu said.
Edited /Abdulfatah Babatundehttps://nnn.ng/price-of-garri-rises-by-95-in-enugu/
PMS Pump Price: DPR commends marketers for compliance in FCT
The Department of Petroleum Resources (DPR) has commended oil marketers in the Federal Capital Territory (FCT) for complying to the new pump price of Premium Motor Spirit (PMS) also known as petrol.
Mr Buba Abubakar, Zonal Operations Controller, Abuja, gave the commendation while monitoring some filling stations to ascertain the level of compliance by marketers, in Abuja, on Tuesday.
The News Agency of Nigeria reports that the Petroleum Products, Pricing Regulatory Agency (PPPRA) had on June 1, announced a new price band of between N121.50 and 123.50 per liter for PSM.
Some of the filling stations visited include, Eterna Filling station Jabi, Total and Oando in Wuse zone 6, Rahamaniyya oil and Gas Mpape Junction, Yinzag petroils Mabushi among others .
NAN reports that majority of the filling stations visited were selling PMS at N123.50 per liter to motorists
“ In FCT, I think the marketers are doing well, I commend the marketers because all the stations we have visited about 33 or 36 of them, only about two of them we saw selling above the pump price and we have sealed them.
“I hope they will continue to comply,’’ he said.
He said that the two stations that were sealed were Rahamaniyya oil and Gas Mape Junction and Yinzag Petroils in Mabushi, adding that both were expected to comply or face the penalty.
“As I am talking to you now, one of them Rahamaniyya has complied and we will unseal it immediately.
“The penalty is N100, 000 per nozzle, so, if we come to your station and we discover that all the nozzles were bad, we will seal the station completely and you will pay the stipulated amount.
“If it is 20 nozzles, you pay the amount as the case may be,’’ he said.
Abubakar said that the aim of the monitoring was to ensure that Nigerian motorists were not short-changed by marketers at any point.
“Since yesterday, we have been going around to make sure that filling stations dispense the exact quantity to motorists, which is one of the reasons that we are out.
“Also, to make sure that they sell at the government price. Secondly, to make sure they don’t cheat the public by under dispensing.
“So, we will continue to go round, anybody found wanting, we will seal the station and charge them the appropriate penalty,” Abubakar added.
He said that monitoring exercise is being carried out by all the DPR field officers across the country.
On the circulation of adulterated Diesel, he said that DPR had received about six complaints and it is working hard to ensure they were tested.
“We have received a lot of complaints, some of them we visited and took sample.
“We are now waiting for the analysis, although the Lab scientists are not available now but the few management staff that we have are trying to make sure that they do the analysis, so that is the status now,’’ he said
Edited By: Kamal Tayo Oropo/Ekemini Ladejobi (NAN)https://nnn.ng/pms-pump-price-dpr-commends-marketers-for-compliance-in-fct/
Price of eggs remain stable in Enugu – NAN Survey
Few days to the end of Ramadan, the price of eggs still remains stable in major markets in Enugu metropolis.
A survey conducted by the News Agency of Nigeria in some markets in Enugu on Saturday revealed that the price had remained stable since January.
Some egg dealers attributed the price stability to increase in the number of poultry farmers in the state.
Mrs Joy Uzoma, who sells eggs at New Market, said that the price of eggs did not increase this year when compared to its price during the 2019 Ramadan period.
Uzoma said that it was as a result of many people embracing poultry farming business in the state.
Another egg dealer, Mr Henry Ekwo, said that a crate of egg still goes for between N750 and N950, depending on sizes while four pieces of eggs still sell for N100.
“Those who are selling eggs for N1,000 per crate are mostly sellers in the neighbourhood markets and shops,’’ Ekwo added.
Mrs Amaka Ozor, who also sells eggs at Mayor neighbourhood market, said that three pieces of eggs go for N100 while one crate is sold for N1,000.
Mrs Uche Joseph, a provision shop owner at Achara layout, said she could only sell in bits, adding that one egg goes for N40 as she usually bought from those selling N1,000 per crate.
A poultry farmer, who spoke on condition of anonymity, said that the price of egg had remained stable as a result of many people taking up poultry farming business for a living.
Some Muslim faithful expressed joy following the price stability since the beginning of Ramadan fast.
Mr Garba Ali, a resident of Achara Layout said that egg, sugar and other foodstuff like grains were affordable throughout the fasting period, in spite of the lockdown.
“Buying what we eat after breaking our fast on daily basis during this Ramadan is not a problem because prices of most foodstuff we buy are stable and affordable,’’ Ali said.
Another Muslim faithful, a resident of Uwani, who spoke on condition of anonymity, said that in spite of the lockdown against COVID-19, he did not lack foodstuff during the Ramadan.
“Even as the fasting period is coming to an end, I am happy for the availability and price stability of foodstuff, including eggs throughout the Ramadan,’’ he said.
Edited By: Edwin Nwachukwu/Abdulfatah Babatunde (NAN)https://nnn.ng/price-of-eggs-remain-stable-in-enugu-nan-survey/
Easter: Price of rice remains stable in Enugu
Three days to 2020 Easter celebration, price of rice has remained stable in Enugu metropolis following the availability of the produce and high number of rice farmers in the state.
In a market survey by Nigeria News Agency on Thursday showed that the price remained stable in spite of the coming festivity.
NAN reports that in spite of high price of other foodstuff following the lockdown, the price of rice had been stable in neighborhood markets in the metropolis.
Some rice sellers attributed the price stability to availability of the product coming from rice producers in different communities in the state.
My Ephraim Asuzu, a rice dealer at Mayor Neighborhood market, said that the price had remained the same since January.
Asuzu explained that a 25 kg of de-stoned local rice still goes for between N7,000 and N8,000 while the 50kg goes for between N15,000 and N16,500 depending on their types.
Mrs Ogochukwu Ifekwem, a rice seller at Garki market, said that a 50 kg of foreign rice had remained at the rate of between 25,000 and N28,000.
Ifekwem added that 25 kg foreign rice goes for between N12,000 and N13,500 depending on their brands.
Mr Jude Chima, another rice seller at Top-Land market at Amechi/ Ebony Paint Road, said that due to massive production of rice in some Enugu communities like Ugboka, Oduma, Adani, Awgu among others, the price would always be stable or fall further.
“Lockdown or Easter celebration has nothing to do with the price of rice as the state is specialized in mass production,” Chima said.
Edited By: Abiodun Esan/Ismail Abdulaziz