Prices of yams decreased in Nigeria as more crops entered the market

Published 2024년 8월 1일

Tridge summary

The article reports a decrease in the price of yams in the markets due to the influx of new harvests. The new yams are selling at lower prices, between N5000 and N8000 for five tubers, while the older yams are still expensive, selling above N20,000. The price of the new yams is also influenced by the cost of transportation. This trend is expected to continue until the harvests from Shendam begin to reach the markets. The article also mentions that new yams are now more widely available in Akwanga, Nasarawa State, providing more affordable options for consumers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The price of yams has decreased as new harvests have started entering the markets, Daily Trust can confirm. The new harvest offers buyers less-priced options, even though the few remaining old yams are still pricey. Mrs Theresa Bala, who sells yams, told the Daily Trust in Jos, that prices have significantly dropped for the new yam, adding that five tubers are now sold at between N5000 and N8000 depending on size. The same number of tubers of the old yams is sold above N20,000. However, the smaller tubers cost even lower – between N2000 and N3,500. Mrs Bala, who supplies yams from Kachia in Kaduna State to Farin Gada market in Jos, Plateau State, said more supply from the state will continue until harvests from Shendam begin to arrive at the markets. She said the cost of the products is largely influenced by the cost of transportation. In Akwanga, Nasarawa State, more new yams are now ...

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