• About Us
  • Privacy Policy
  • Contact Us
PEOPLE'S PEN 24
  • Home
  • News
    • All
    • International
    • National
    Barau Jibrin

    Deputy Senate President Barau Jibrin Commends President Tinubu for Establishing Federal University of Science and Technology Kabo

    Dr. Nasiru Gawuna

    Dr. Nasiru Yusuf Gawuna Assumes Duty as Chairman of Federal Mortgage Bank of Nigeria

    Abba Kabir Yusuf

    Governor Abba Kabir Yusuf matches words with action

    Mogadishu explosion e1748290756125

    Abuja: Army Confirms Explosion As Police Launch Investigation

    download (96)

    CBEX Fraud: We’ve Recovered Some Money, Says EFCC

    images

    BREAKING: Saudi Arabia Deports Islamic Scholar, Bars Him From 2025 Hajj

    Trending Tags

    • kano market
    • Edo election
    • Electricity
    • Dollars
    • President Tinubu
  • Politics
  • Agriculture
  • Health
  • Education
  • Sports
  • Opinion
  • Climate
  • Business
  • About Us
    • Privacy Policy
    • Contact Us
  • More
    • Currency Converter
No Result
View All Result
  • Home
  • News
    • All
    • International
    • National
    Barau Jibrin

    Deputy Senate President Barau Jibrin Commends President Tinubu for Establishing Federal University of Science and Technology Kabo

    Dr. Nasiru Gawuna

    Dr. Nasiru Yusuf Gawuna Assumes Duty as Chairman of Federal Mortgage Bank of Nigeria

    Abba Kabir Yusuf

    Governor Abba Kabir Yusuf matches words with action

    Mogadishu explosion e1748290756125

    Abuja: Army Confirms Explosion As Police Launch Investigation

    download (96)

    CBEX Fraud: We’ve Recovered Some Money, Says EFCC

    images

    BREAKING: Saudi Arabia Deports Islamic Scholar, Bars Him From 2025 Hajj

    Trending Tags

    • kano market
    • Edo election
    • Electricity
    • Dollars
    • President Tinubu
  • Politics
  • Agriculture
  • Health
  • Education
  • Sports
  • Opinion
  • Climate
  • Business
  • About Us
    • Privacy Policy
    • Contact Us
  • More
    • Currency Converter
No Result
View All Result
PEOPLE'S PEN 24
No Result
View All Result
Home Kano

Onion Price Drops in Kano Amidst Food Inflation Spike

Editor by Editor
March 4, 2024
in Kano, News
0
0
IMG 20240304 WA0003

Onion Price Drops in Kano Amidst Food Inflation Spike

0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

 

Amidst food inflation increase in Nigeria, the price of Onion has dropped by more than 70 percent in Kano.

A market survey at Gundutse market in Karfi, Kura local government area of Kano state state, a 100 kg of Onion is sold for between N20,000 and N25,000, depending on the size.

IMG 20240304 WA0001The current price is between N100, 000 and N120, 000 the same quantity of Onion was sold at Gundutse market in December, 2023, the survey indicated.

In January, 2024, the National Bureau of Statistics (NBS) released food price index indicating an average price of 1kg onion bulb rose by 97.38% on a year-on-year basis.

IMG 20240304 WA0002According to the official report, the same size of Onion rose to 97.38℅ from N446.44 in January 2023 to N881.20 per 1kg in January 2024.

An Onion dealer at Gundutse market, Khalid Saminu reported that the drop in one of the essential vegetables is not unconnected to harvest season, noting that farmers in Karfi and other planting areas in Kano had bomber harvest in the current season.

IMG 20240304 WA0004Despite the drastic reduction however, consumers are yet to witness significant impact of the price change in the metropolitan market. For instance at the popular Yankura market in Sabon Gari market, a 100 kg of Onion sells for between N80,000 and N85,000.

But Saminu explained that it may take time before the prize reduction trickles down considering the cost of transporting the vegetables from Karfi, about 48 kilometers distance from Kano city.

Another dealer, Alh. Musa Abubakar explained that the slash at the market is seasonal, especially during harvest period. Abubakar however revealed that the seasonal price tag may not last owing to mass patronage of merchants from other states and outside the country.

READ ALSO: 

Kano Dismisses Casual Workers, Summons CMD over Absenteeism

According to Abubakar, large patronage of dealers from Sokoto, Zamfara and Maiduguri have been witnessed in the last two weeks, due to security challenges preventing farmers from farming in their states.

He added that Gundutse market is also receiving merchants from Ghana purchasing Onion in trucks, a development that may spike the market price anytime soon.

Recently, the National President of the Onion Farmers Association of Nigeria, Aliyu Maitasamu, said over 2 million metric tonnes of onion is produced annually in Nigeria with Sokoto State producing 40 percent of the product.

Maitasamu disclosed that despite the potential, the country is yet to meet its national demand of 2.44 million metric tonnes and currently contributes little to the export market.

READ ALSO: 

HortiNigeria Upscales Capacity of Agro-Dealers on Input Management in Kaduna

“Based on the annual estimate, the onion produced in Nigeria amounted to more than N700 billion but about 40 to 50 percent of the product worth over N300 billion is wasted to post-harvest losses.

“This is largely due to inadequate knowledge and skills in onion production, resulting in high post-harvest losses, poor yield and produce quality, among others,” she said.

Nigeria is a top producer of Onion in Africa with 2 million metric tons annual output. Kano, Kaduna, Jigawa, Sokoto, Plateau, Bauchi and Kebbi states are major growers of Onion in Nigeria.

Tags: kanoOnions
Previous Post

Kano Dismisses Casual Workers, Summons CMD over Absenteeism

Next Post

Why Some SIM Cards Previously Linked To NIN Were Barred – NCC

Next Post
download 2024 02 28T212623.275

Why Some SIM Cards Previously Linked To NIN Were Barred – NCC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
APC National Chairman, Dr. Abdullahi Umar Ganduje

Ganduje’s Strategic Leadership Positions APC for 2027 Victory

March 4, 2025
495840469 4047623688852918 293803683686153039 n

Ganduje Offers Permanent and Pensionable Employment to 20 Youth from Kano LGAs

May 7, 2025
IMG 20250509 WA0029

Under Ganduje, APC Becomes a Magnet for Defectors

May 12, 2025
NAFDAC

Again, Court Tells NAFDAC, PCN To Vacate Patent Medicine Premises in Kano

April 19, 2024
Professor Isaq Oloyede, Registrar JAMB

UTME 2024: No Plan to Increase Registration Fee, Jamb says

0
Minister of FCT, Nyesom Wike

Wike Approves N13. 1 bn to Finance Education in FCT

0
Akpabio Declares Umahi, Giadam's, seats vacant

Akpabio Declares Umahi, Giadam’s, seats vacant

0

Kano Guber: Accept Supreme Court Verdict, NAKSS tasks NNPP, APC

0
download (97)

75-year-old Pilgrim Dies In Saudi Arabia

May 27, 2025
Zamfara Intending Pilgrim Gives Birth In Saudi Arabia 750x536

Netizens React As Zamfara Intending Pilgrim Gives Birth In Saudi Arabia

May 27, 2025
Barau Jibrin

Deputy Senate President Barau Jibrin Commends President Tinubu for Establishing Federal University of Science and Technology Kabo

May 27, 2025
Dr. Nasiru Gawuna

Dr. Nasiru Yusuf Gawuna Assumes Duty as Chairman of Federal Mortgage Bank of Nigeria

May 27, 2025
download (97)

75-year-old Pilgrim Dies In Saudi Arabia

May 27, 2025
Zamfara Intending Pilgrim Gives Birth In Saudi Arabia 750x536

Netizens React As Zamfara Intending Pilgrim Gives Birth In Saudi Arabia

May 27, 2025
Barau Jibrin

Deputy Senate President Barau Jibrin Commends President Tinubu for Establishing Federal University of Science and Technology Kabo

May 27, 2025
Dr. Nasiru Gawuna

Dr. Nasiru Yusuf Gawuna Assumes Duty as Chairman of Federal Mortgage Bank of Nigeria

May 27, 2025
Abba Kabir Yusuf

Governor Abba Kabir Yusuf matches words with action

May 27, 2025
Mogadishu explosion e1748290756125

Abuja: Army Confirms Explosion As Police Launch Investigation

May 27, 2025
Currency Converter
1,586.11
28 May · CurrencyRate · USD/NGN
CurrencyRate.Today
Check: 28 May 2025 08:05 UTC
Latest change: 28 May 2025 08:00 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
⚡You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀
CurrencyPrice
UAE Dirham 
UAE Dirham
3.673
Australian Dollar 
Australian Dollar
1.5528up
Brazilian Real 
Brazilian Real
5.641up
Canadian Dollar 
Canadian Dollar
1.3821up
Chinese Yuan (offshore) 
Chinese Yuan (offshore)
7.1881down
Egyptian Pound 
Egyptian Pound
49.7914down
Euro 
Euro
0.8828up
British Pound 
British Pound
0.7408up
Kuwaiti Dinar 
Kuwaiti Dinar
0.3067up
Nigerian Naira 
Nigerian Naira
1,586.11up
Russian Ruble 
Russian Ruble
80.0701down
South African Rand 
South African Rand
17.929down
28 May · FX Source: CurrencyRate 
CurrencyRate.Today
Check: 28 May 2025 08:05 UTC
Latest change: 28 May 2025 08:00 UTC
API: CurrencyRate
Disclaimers. This plugin or website cannot guarantee the accuracy of the exchange rates displayed. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates.
⚡You can install this WP plugin on your website from the WordPress official website: Exchange Rates🚀
p24 logo

Peoples Pen24 is an online news platform hinges on breaking news and news analysis, issues, events, and development. We pay special focus on but not limited to development and innovation in Environment, Climate Change, Agribusiness, and regenerative agriculture, among other areas of interest.

Follow Us

Cloud Tags

Abba Kabir Yusuf (49) Abuja (19) Accident (12) APC (42) ASUU (14) Bandits (35) CBN (28) Dangote Refinery (17) EFCC (54) FG (31) Ganduje (27) Godswill Akpabio (13) Gov. Abba Kabir Yusuf (30) Hajj 2024 (19) Hajj 2025 (23) Hisbah (16) House of reps (19) IGP (21) INEC (12) JAMB (20) Kaduna (33) kano (225) Kano State (123) Kastina state (14) Kidnap (44) Kwara (14) lagos (19) Minimum wage (30) NAFDAC (18) Nahcon (46) NDLEA (26) Niger state (22) Nlc (37) Nnpcl (17) PDP (21) Police (26) presidency (13) President Bola Ahmed Tinubu (17) President Tinubu (127) Protest (14) Rivers state (20) Senate (17) Siminalayi Fubara (12) Sultan of Sokoto (13) Super eagles (25)

Recent News

download (97)

75-year-old Pilgrim Dies In Saudi Arabia

May 27, 2025
Zamfara Intending Pilgrim Gives Birth In Saudi Arabia 750x536

Netizens React As Zamfara Intending Pilgrim Gives Birth In Saudi Arabia

May 27, 2025
Barau Jibrin

Deputy Senate President Barau Jibrin Commends President Tinubu for Establishing Federal University of Science and Technology Kabo

May 27, 2025
  • About Us
  • Privacy Policy
  • Contact Us

© 2024 People's Pen 24 - Speaking for the people

No Result
View All Result
  • Home
  • News
  • Politics
  • Agriculture
  • Health
  • Education
  • Sports
  • Opinion
  • Climate
  • Business
  • About Us
    • Privacy Policy
    • Contact Us
  • More
    • Currency Converter

© 2024 People's Pen 24 - Speaking for the people

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

- Select Visibility -

    Notifications