News
Price of yams soars in Enugu markets
A market survey conducted in major markets in Enugu state has revealed a steady increase in yam prices.
Visit to some markets in the state capital revealed that both traders and consumers expressed concern over the rising cost of the popular staple food.
It was observed that a medium-sized tuber of old yams was sold for between ₦3,000 and ₦5,000, compared with between ₦2,000 and ₦3,500 in May.
The cost of a large tuber ranged from ₦6,000 to ₦10,000, depending on the size and quality, as against between ₦5,000 and ₦7,000 in May.
Other species of yams, like water yams, are currently sold for between ₦2,000 and ₦6,000, depending on size, compared with ₦1,000 to ₦4,000 in May.
A trader at Ogbete Main Market, Jude Onunze, Tuesday attributed the high price of yams to increased transport costs, seasonal supply, and higher production expenses incurred by farmers.
Onunze stated that these factors had continued to affect the availability and affordability of yams in many markets in Enugu metropolis and the South-east.
Another dealer in New Market, Mary-Jane Ibe, blamed the rising costs on insecurity, adding that “most farmers no longer go to farm because of the fear of being kidnapped.” (NAN)
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