Price of local rice drops

The price of local rice has significantly dropped in some major markets in Jalingo, Taraba.

A survey conducted by the _News Agency of Nigeria_ on Wednesday at Gadar Bobboji, Kasuwan Bera and Mile Six Markets, shows that the price has significantly decreased.

_NAN_ reports that a measure of local rice selling between N650 and N750, two to three weeks ago, is now sold between N480 and N550. Similarly, a bag of local rice sold between N28, 000 and N30, 000 two to three weeks ago is now selling at between N23, 000 and N24, 000.

When contacted for comment, the leader of rice sellers at Gadar Bobboji Market, Alhaji Nura Mohammed, attributed the price decrease to the availability of the commodity in the market. He said that the bumper harvest recorded by farmers in the state had contributed to the increase in supply.

UCJ, UNILORIN.