HomeCover StoriesKano traders pledge to reduce, stabilise prices of goods

Kano traders pledge to reduce, stabilise prices of goods


Related stories

Tinubu’s reform ‘ll fortify Nigeria’s economic foundation – Shettima

Vice-President Kashim Shettima has said that the reforms initiated...

Reps to issue arrest warrant against Binance CEO

The House of Representatives Committee on Financial Crimes has...

Kano reps member empowers constituents with N10 million to ease hardship

A member of House of Representatives, Mohammed Shehu, on...

NCS generates N9.7 bn in February – Kano, Jigawa

The Nigeria Customs Service (NCS), Kano Area Command, has...

Police arrest 15 suspects over looting of Abuja warehouse

The Federal Capital Territory (FCT) police command announced the...

Traders Association Singer Market, Kano, on Monday pledged to reduce and stabilise prices of essential commodities in the state.

The News Agency of Nigeria (NAN)  reports that the Chairman of the Association, Alhaji Ibrahim Danyaro, disclosed this to newsmen on Monday in Kano.

READ ALSO: FMAN supports 8,000 wheat farmers in Kano

He said this shortly after meeting with the Chairman of Public Complaints and Anti Corruption Commission, (PCACC), Muhuyi Magaji Rimin-Gado.

The commission had on Sunday bursted and sealed 10 warehouses that allegedly hoarded assorted food items at Dawanau International Grains Market and Singer Market.

Danyaro said “we are going to work hand in hand with the commission to ensure that there is price control in order to ease life for people in Kano and beyond”.

According to him, dealers at the market are selling goods at lesser price than companies, assuring that they would try to maintain the current price from now till Ramadan and beyond.

“We don’t increase prices of foodstuffs like rice, sugar, milk and others.”

He explained that commodity dealers at Singer Market were not hoarding goods at the expense of consumers, saying that their goods at stores were always open for sale to customers.

“We are pleased to inform you that following the recent operation by the anti graft commission, we have come with invoices and other documents to prove to the commission that we are not in anyway engaged in hoarding of commodities at the Singer Market.

“We have proved beyond reasonable doubt that we  don’t engage in such.

” Our problem is from the producers of the goods.

” They are the ones increasing the prices unconditionally. What we buy today is not what we will buy tomorrow.

“We have reached an agreement with the commission, that we are not going to increase the prices of goods even as we sell below the company prices.

“We want  Gov. Yusuf  to address this issue by meeting with the producers, to get to the root of the consistent increase in prices.

Earlier, Mr Rimin-Gado reassured that the commission would go after hoarders and would not relent in its efforts.

He explained that the commodities they found hoarded at the sealed warehouses did not belong to the businessmen of Singer Market.

“They have promised to cooperate with the commission in ensuring that prices of goods are maintained or even reduced and would not rise any more.

“We are going to work with them to ensure that if the prices stabilise, we would make efforts to further reduce them, for the good of the people of Kano,” he said.



Subscribe To Our Newsletter

To be updated with all the latest news, offers and special announcements.


Latest stories


Please enter your comment!
Please enter your name here