Nigeria: Concerns as 50kg of locally milled rice hits N47,500 in Kano

Rice users in Kano State have expressed concern as the price of locally milled rice continues to rise in the market. Recent checks have revealed that a 50kg bag of locally milled rice is now selling at N47,500, a price said to be the highest ever. According to a resident of Kawo in Nassarawa Local Government Area of the state, Malam Musa Hamisu, rice being the simple food staple used by almost every family is now becoming so expensive that soon it will be out of reach of the common citizen. He explained that even at the local rice milling centres such as Bunkure, Kura and Gezawa, a 100kg of rice is selling above N80,000. “The scariest thing is that the price keeps going up day by day. My fear is that the fasting period is now approaching and from all indications, the price of rice will keep going up and probably it will hit N60, 000 during the fasting period. However, the irony remains like that of the fuel we produce and we lack what we produce,” he said. A rice merchant, Alhaji ...