Today i went to Giwa market in Giwa local government of Kaduna state to purchase food stuff. I was impressed and proud of Nigerian farmers. They truly had à bumper harvest. you would find thousand of bags of different produce from maize, millet, rice, soya beans. The sad side of thé story is the price of these products are on thé high side. They keep increasing every week.
A bag of maize goes for 13,000 last month it was 11,000
A bag of maize for pop corn is sold for 15,000
Beans prices range from 19,000 - 23,000 à bag
Soghourm goes for 16,000 Per bag
millet goes for 12,800
Finally i Wonder why the prices of thèse product keep increasing even with thé large supply of thèse products available. It's seems like the forces of demand and supply dont work in Nigerian market.
A bag of maize goes for 13,000 last month it was 11,000
A bag of maize for pop corn is sold for 15,000
Beans prices range from 19,000 - 23,000 à bag
Soghourm goes for 16,000 Per bag
millet goes for 12,800
Finally i Wonder why the prices of thèse product keep increasing even with thé large supply of thèse products available. It's seems like the forces of demand and supply dont work in Nigerian market.
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