Business
…As Prices Of Foodstuffs, Rams Crash
Prices of foodstuff and rams crashed around Abuja markets on Tuesday, as Sallah Celebrations got underway, our correspondent (NAN) reports.
The past one week had witnessed a high rise in prices of foodstuff and rams in the capital city as the Eid-El-Kabir celebration was approaching.
The Tide correspondent who visited Orange market in Mararaba, reports that the price of tomatoes and pepper had come down as a basket of tomatoes which was sold for N5,000 three days ago had come down to N2,000.
A bag of pepper which cost N4,000 on Wednesday and Thursday, had also dropped to N1,800.
“It is always like that every Sallah Day. Some of us who could not finish our goods before Sallah eve will have to clear the remaining goods before we go for our own Sallah.
“If we do not clear the goods, then we will have to lock them up and you know these goods are perishable,” Malam Adamu Sani told NAN.
“Sallah is over, all we do now is clearance sales, but we thank God that at least we are not at a loss, we have been able to make our gain before today,’’ another trader, Alhaji Ali Nayari,said.
At the ram market in Gwarinpa, prices of ram had also dropped as a medium ram which hitherto cost between N50,000 and N70,000 last week, now sells for between N30,000 and N35,000.
Malam Sule Masani, a ram trader, explained that it was not strange because no one would buy rams on Sallah day.
“We had to go for the Eid prayers this morning too, all that is left now is for us to clear all we have left and go back to our other steady businesses,’’ Masani said.
Some of the traders were also seen slaughtering their rams in the market.
“We are also expected to give the sacrifice. It is an annual thing and as God gives us, we would also do our own Eid-El Kabir with our colleagues here, although some of us have settled our families,’’ Hamza Dan-Daura also told NAN.