Potiskum grain market records significant drop in prices of key commodities

0
268
Potiskum grain market records significant drop in prices of key commodities

Potiskum grain market records significant drop in prices of key commodities

‎Story from Kasim Isa Muhammad

‎Grain traders and residents in Potiskum Local Government Area of Yobe State are witnessing a welcome development, as the prices of essential foodstuffs have seen a noticeable drop.

‎The decline, observed during the weekly market session on Sunday, June 22, 2025, affects several staple grains including maize, millet, sorghum, and beans. This price reduction has brought relief to both traders and consumers, many of whom have been battling with the high cost of food in recent months.

‎Traders say that the improvement in road access and favourable weather conditions have also played a role in making grains more available. Market stalls in Potiskum were visibly busier on Sunday, with more people buying in bulk and expressing optimism that the new prices would be sustained.

‎Currently, maize is selling between ₦48,000 and ₦50,000 per bag, while millet ranges from ₦54,000 to ₦55,000.

READ ALSO: Grain prices drop in Ngelzarma market, bringing relief to traders, consumers

‎Sorghum is going for ₦38,000 to ₦39,000, while white beans, including the large and small varieties, are now available at ₦90,000 to ₦93,000 per bag. Similarly, red beans, especially the large-sized, are priced between ₦91,000 and ₦94,000.

‎Other produce such as dried roselle (Zobo) is selling for ₦20,000 to ₦21,000, while Melon is offered at two different price points – ₦44,000 to ₦45,000 for one variant and ₦33,000 to ₦35,000 for the more affordable type.

‎Polished rice is pegged at ₦125,000 per bag, though prices for broken and processed rice varieties vary depending on quality.

‎Groundnut is trading between ₦130,000 and ₦135,000 per bag.

READ ALSO: Prices of beans shoot up while costs of other grains drop at Potiskum Market

‎Traders say the fall in prices has encouraged more buyers to return to the market, leading to increased turnover.

‎Mallam Ibrahim Yunusa, a longtime trader in maize and millet, said the shift has been positive. “People are buying more now because the prices are not as high as they were last month. We pray that things continue to improve,” he stated. Hauwa Bello, who sells a variety of grains, noted that the development was good for both traders and families. “We are grateful. The lower prices are helping people feed their households again,” she said.

‎Amidst the country’s ongoing economic challenges, the decline in food prices at the Potiskum Grain Market has been widely appreciated by both vendors and buyers.

‎The general mood at the market was one of relief, with many thanking God for the ease. As one shopper simply put it, “May God continue to ease our affairs – Ameen.”

Follow the Neptune Prime channel on WhatsApp:

Do you have breaking news, interview request, opinion, suggestion, or want your event covered? Email us at neptuneprime2233@gmail.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here