Thursday, 18 August 2011

Ramadan: Price of eggs escalates in Kano


Half way into this year’s Ramadan fasting, the price of eggs has continued to rise in Kano as demand for the commodity increases, Daily Trust can report.

A crate which was sold for between N600 and N650 now goes for about N900, while the retail price for one piece has jumped from N25 to N30 and even N35 in remote places.

An egg seller, Alhaji Usman Aliyu who spoke to our correspondent said there was a sudden rush for eggs and despite the call for the suppliers to maintain a steady price, they had been increasing the cost price and in the end they were forced to increase their retail price.

But the secretary of the Poultry Association of Nigeria, Kano State chapter, Salisu Yusuf said the issue was as a result of lack of price regulations and the limitations the association has on non members whom, he said, are not obliged to follow the association’s resolutions.

He explained that the association had agreed on a price when Ramadan was approaching and some registered outlets have complied.

He said some dubious citizens had however taken advantage of that and were employing children to make purchases for them to resell at exorbitant prices.

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