Despite the fact that it is few days to Christmas, traders in Abeokuta on Thursday decried low patronage, which theyattributed to the current economic recession in the country.
It was reported by the The News Agency of Nigeria (NAN), who visited some markets in Abeokuta, and discovered that prices of food items and clothing had increased as most of the traders complained of low patronage.
Some attributed the increase of foodstuff prices to the economic recession while some others said it was due to the Ban placed on some products like rice.
Mr. Chukwudi Opara, a trader, who sells foodstuffs in Kuto Market, said that the increase in the price of bag of rice was due to the ban on the importation of rice.
“The price of a 50kg bag of rice ranges from N15,000 to N18,500 Last year’s Christmas, a bag of rice was sold for between N8,000 and N9,000 depending on the size of the bag.
“Again a bag of beans is selling for N27,000 while it was sold for around N22,000 last year.
“The patronage has been so low but the masses are hopeful that State Government has promised to pay the civil servants all their outstanding salaries and deductions before Christmas.This development they believe will surely bring more money to the state andbhelp sales,” he said.