Home Business Enugu witnesses over 50% increase in garri, rice prices

Enugu witnesses over 50% increase in garri, rice prices

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The price of cassava flakes, popularly known as ‘garri’, and rice have recorded more than 50 per cent increase in Enugu metropolis.

According to a market survey conducted by NAN on Sunday in Enugu, it was observed that prices of foodstuffs such as garri and rice have increased by 50 per cent in the metropolis.

The survey showed that a cup of garri, which was N120 in January, now goes for N150 while a 5-litre painter is sold for between N2,200 and N2,700.

Similarly, the current price of a bag of the produce is N29,000 as against N18,500 sold in January.

At the Garki Market, Enugu, the price of a 50-kilogramme bag of foreign rice has increased from between N55,000 and N60,000 to between N78,000 and N80,000, depending on the brand.

A garri seller at New Market, Mrs Bridget Ugwu said that the only way to reduce the high cost of garri would be by securing farmlands and stopping the exportation of the produce to other countries.

Ugwu said the exportation of the commodity had affected the availability of the produce in the country.

A rice seller, Mr Ochuba Ozor, at Mayor Market, said that the high cost of rice in the country would persist if the government did not do something urgently to address food insecurity.

Ozor said that the traffic of buyers of foodstuffs in his shop had reduced since the prices of every item increased.

A buyer, who spoke on condition of anonymity, attributed the high cost of living in the country to subsidy removal from petroleum products

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