Wednesday, 17 June 2015

Ramadan: Prices of fruits go up in Kano

 

Barely 24 hours to the commencement of Ramadan fasting, prices of fruits, particularly orange have gone up in Kano, the News Agency of Nigeria (NAN) reports.

A survey conducted in Sabon Gari, Yankaba and Yanlemo markets, all in Kano, revealed that fruits sellers have increased the prices of fruits.

According to the survey, a bag of orange which cost N6, 500 a week ago is now being sold for N7, 700.

The survey shows that a set of 10 oranges cost N200 as against N150 last week.

A medium size of the commodity which cost N20 last week now cost N30.

One of the fruits sellers at Sabon Gari Market, Malam Najib Mohammed, attributed the increase in the prices to sudden increase in the cost of transportation.

‘’Most of the truck drivers have travelled to their respective villages to see their families before the commencement of the Ramadan.

‘’The price increase may also be attributed to shortage in supply of fruits to the market in an attempt to create artificial scarcity to maximise profit when the Ramadan fast commences,’’ he said.

Another fruit seller at Yankura Market, Malam Suleiman Abba said the fruit sellers had to increase the price to recover their money and make profit.

He explained that the prices of other fruits like Banana and Pineapple had also been increased slightly.

"Hopefully, the prices will come down, especially watermelon when the commodities begin to flood markets soon,’’ he said.

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