Rice prices soar in Jos markets

The prices of rice have gone up in Jos, as a 50kg bag of smuggled rice now costs N45,000, up from N35,000 for which it was sold three weeks ago.
A correspondent who conducted a market survey reports a 50kg bag of locally-parboiled rice now sells for N43,000, up from N28,000 in September.
A bag of local rice containing 80 bowl measures of local rice, sold at N50,000 at the beginning of the year, now sells at N72,000 in Jos.
Austin Chikwujindu, a trader at the Chorbe Market, blamed the price increases on the soaring rate of the dollar and recent flooding in parts of the country.
“The price of a 50kg bag of foreign parboiled rice has risen to N45,000 from N35,000 that was obtainable just three weeks ago.”
Mr Chikwujindu attributed the soaring price to the rise in dollar rates, fuel scarcity, and floods that ravaged several communities.
A foodstuff trader at Katako Market, Aliyu Umar, said 80 bowl measures of local rice which used to sell for N50,000 is now sold at N72,000 and may go higher.
Mr Umar also blamed the floods for soaring food prices, noting that the floods washed away a lot of rice farms.
According to the National Emergency Management Agency (NEMA), the 2022 flood is the worst in a decade.
It destroyed more than 70,000 hectares of farmland, damaged more than 45,000 houses and displaced more than 1.4 million Nigerians while taking the lives of about 600 persons.
Thousands of hectares of rice farms were reportedly washed away in Jigawa, Kebbi, Kano, Benue, Taraba, Niger, and Kogi, among other states.
NEMA and the Nigeria Hydrological Services Agency (NIHSA) attributed the flood to the release of excess water from Cameroon’s Lagdo Dam, which cascaded into Nigeria through River Benue, affecting communities in many states.
Current data from the United Nations Office for the Coordination of Humanitarian Affairs show that people affected by widespread flooding across Nigeria have risen to more than 3.2 million.
It also reported that more than 600 fatalities were recorded and 1.4 million people displaced.
It also reported that 4.1 million people would face severe food insecurity, with 1.7 million children below the age of five years suffering from acute malnutrition in 2022.
There had also been increases in the prices of maize, groundnut oil, palm oil and Semovita, among others.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

NationWide
Medical academics give FG 21-day ultimatum over pay, threaten indefinite strike
The association said it had engaged the government through dialogue for more than 24 months without meaningful progress.

Lagos
Lagos to host horse race carnival, targets over 30,000 guests
“This race is about youth and sports development. It has been designed to inspire young people to embrace sports, especially horse racing,” he said.

NationWide
Dermatologists urge Nigerians to shun bleaching, prioritise healthy skin
Dermatologists urged Nigerians to prioritise healthy skin over skin colour to reduce the burden of skin diseases in the country.

Economy
Flutterwave secures investment from Circle Ventures, expands USDC payments, settlement across Africa
The investment supports Flutterwave’s effort to embed USDC settlement directly into the payment flows businesses already use today.

Education
Stakeholders back FG’s plan to scrap JSS-SSS separation policy
The group described the move as a step toward strengthening secondary education.

Lagos
Gov. Sanwo-Olu urges Lagos youths to build creative businesses
Mr Agoro said the programme targeted youths interested in careers within the entertainment industry.





