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Rice prices soar in Jos markets

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  The price of rice has risen in Jos as a 50kg bag of smuggled rice now costs 45 000 naira compared to 35 000 naira it sold for three weeks ago A correspondent for the Nigerian News Agency who conducted a market survey reports that a 50kg bag of locally parboiled rice now sells for N43 000 against N28 000 in September A bag of local rice containing 80 bowls of local rice that sold for 50 000 naira earlier in the year is now selling for 72 000 naira in Jos Mr Austin Chikwujindu a trader at Chorbe market blamed the price increases on the dollar rate and the recent flooding in parts of the country The price of a 50kg bag of foreign parboiled rice has risen to 45 000 naira from 35 000 naira just three weeks ago I think that the rise in dollar rates the high cost of transportation due to the scarcity of fuel could be the reason for the upward change in price The floods affected many parts of the country limiting the amount of food and other basic products that could be moved According to the sensors we are receiving a bag of foreign rice that could cost up to N50 000 not just rice but other foods like peanut oil flour Semovita and others he said A food trader at Katako market Malam Aliyu Umar said 80 bowls of local rice that used to sell for 50 000 naira are now selling for 72 000 naira and may go higher Umar also blamed the floods for rising food prices noting that the floods washed away many rice farms According to the National Emergency Management Agency NEMA the 2022 flood is the worst in a decade It destroyed more than 70 000 hectares of farmland damaged more than 45 000 houses and displaced more than 1 4 million Nigerians killing around 600 people Thousands of hectares of paddy fields were reportedly bulldozed in Jigawa Kebbi Kano Benue Taraba Niger and Kogi among other states NEMA and the Nigerian Hydrological Services Agency NIHSA attributed the flooding to the release of excess water from Cameroon s Lagdo Dam that cascaded into Nigeria through the Benue River affecting communities in many states Current data from the United Nations Office for the Coordination of Humanitarian Affairs shows that the affected people in Nigeria have risen to more than 3 2 million He also reported that there were more than 600 deaths and 1 4 million displaced people It also reported that 4 1 million people would face severe food insecurity and 1 7 million children under five would suffer from acute malnutrition by 2022 reports that there were also increases in the prices of corn peanut oil palm oil and Semovita among others w edited Source Credit NAN
Rice prices soar in Jos markets

The price of rice has risen in Jos, as a 50kg bag of smuggled rice now costs 45,000 naira compared to 35,000 naira it sold for three weeks ago.

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News Agenc

A correspondent for the Nigerian News Agency who conducted a market survey reports that a 50kg bag of locally parboiled rice now sells for N43,000 against N28,000 in September.

latest nigerian newsonline

A bag of local rice containing 80 bowls of local rice that sold for 50,000 naira earlier in the year is now selling for 72,000 naira in Jos.

latest nigerian newsonline

Austin Chikwujindu

Mr. Austin Chikwujindu, a trader at Chorbe market, blamed the price increases on the dollar rate and the recent flooding in parts of the country.

“The price of a 50kg bag of foreign parboiled rice has risen to 45,000 naira from 35,000 naira just three weeks ago.

“I think that the rise in dollar rates, the high cost of transportation due to the scarcity of fuel, could be the reason for the upward change in price.

“The floods affected many parts of the country, limiting the amount of food and other basic products that could be moved.

“According to the sensors, we are receiving a bag of foreign rice that could cost up to N50,000, not just rice, but other foods like peanut oil, flour, Semovita and others,” he said.

Malam Aliyu Umar

A food trader at Katako market, Malam Aliyu Umar, said 80 bowls of local rice that used to sell for 50,000 naira are now selling for 72,000 naira and may go higher.

Umar also blamed the floods for rising food prices, noting that the floods washed away many rice farms.

National Emergency Management Agency

According to the National Emergency Management Agency (NEMA), the 2022 flood is the worst in a decade.

It destroyed more than 70,000 hectares of farmland, damaged more than 45,000 houses and displaced more than 1.4 million Nigerians, killing around 600 people.

Thousands of hectares of paddy fields were reportedly bulldozed in Jigawa, Kebbi, Kano, Benue, Taraba, Niger and Kogi, among other states.

Nigerian Hydrological Services Agency

NEMA and the Nigerian Hydrological Services Agency (NIHSA) attributed the flooding to the release of excess water from Cameroon‘s Lagdo Dam that cascaded into Nigeria through the Benue River, affecting communities in many states.

United Nations

Current data from the United Nations Office for the Coordination of Humanitarian Affairs shows that the affected people in Nigeria have risen to more than 3.2 million.

He also reported that there were more than 600 deaths and 1.4 million displaced people.

It also reported that 4.1 million people would face severe food insecurity and 1.7 million children under five would suffer from acute malnutrition by 2022.

reports that there were also increases in the prices of corn, peanut oil, palm oil and Semovita, among others. (w)

edited

Source Credit

Source Credit: NAN

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