{"id":425565,"date":"2011-05-17T14:21:22","date_gmt":"2011-05-17T14:21:22","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/05\/17\/prices-of-beans-rise-in-zamfara\/"},"modified":"2011-05-17T14:21:22","modified_gmt":"2011-05-17T14:21:22","slug":"prices-of-beans-rise-in-zamfara","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/05\/17\/prices-of-beans-rise-in-zamfara\/","title":{"rendered":"Prices of beans rise in Zamfara"},"content":{"rendered":"
\n

Gusau –\u00a0 Prices of beans have increased by about 15 per cent in Gusau, Zamfara, the News Agency of Nigeria (NAN) reports.<\/p>\n

A survey conducted\u00a0 in grain markets in Gusau on Tuesday showed that a bag of beans, which was N8, 000 four weeks ago, now sells for between N9,000 and N9,500, depending on the quality of the grains.<\/p>\n

Also a measure of beans, which was N250 last month, now costs between N260 and N270.<\/p>\n

Mallam Muhammadu Kabiru, a beans dealer, told NAN that they expected the high prices to come down any moment from now.<\/p>\n

\u2018\u2019This is the right time for those who bought in bulk and hoard the beans to bring them out to the market and make profit, it has reached its peak price now,\u2019\u2019 he said.<\/p>\n

Kabiru said that those hoarding the grains would bring them out now because the 2011 cropping season was near.<\/p>\n

According to him, supply will be higher than demand very soon and \u201cwhenever that happens, we expect the prices to come down\u201d.<\/p>\n

He said that this year\u2019s prices were even better because a bag of beans sold for between N10, 000 and N11, 000 during the peak period in 2010 .<\/p>\n

\u201cThis because the neighbouring Niger Republic, which imports beans from Nigeria, recorded bumper harvest in 2010.<\/p>\n

\u201cThis is in spite of the report of flooding which destroyed hectares of farmlands in that country last year.\u00a0 So the prices will stabilise soon,\u201d Kabiru said. (NAN)<\/p>\n<\/div>\n

Comments are moderated. Please keep them clean and brief.<\/p>\n<\/p>\n

Continued here:
\nPrices of beans rise in Zamfara<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Gusau –\u00a0 Prices of beans have increased by about 15 per cent in Gusau, Zamfara, the News Agency of Nigeria (NAN) reports. A survey conducted\u00a0 in grain markets in Gusau on Tuesday showed that a bag of beans, which was N8, 000 four weeks ago, now sells for between N9,000 and N9,500, depending on the quality of the grains. Also a measure of beans, which was N250 last month, now costs between N260 and N270. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":{"0":"post-425565","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-entertainment"},"yoast_head":"\nPrices of beans rise in Zamfara - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/05\/17\/prices-of-beans-rise-in-zamfara\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Prices of beans rise in Zamfara - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Gusau -\u00a0 Prices of beans have increased by about 15 per cent in Gusau, Zamfara, the News Agency of Nigeria (NAN) reports. 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