\n
Prices of some commodities in the Tamale metropolis and Sagnarigu municipality of the Northern Region continue to soar following price increases of fuel, transportation, farm input devices and other factors.<\/p>\n
The prices have not been stable since beginning of the year, and been a headache for traders, residents, government and private workers who have not seen any increment in salaries and other remunerations and therefore had to strive to make earns meet.<\/p>\n
Some traders and residents have also been expressing worry over the price hikes for goods and services, school fees, utility tariffs as well as accommodation, which has put pressure on the families to always seek assistance in order to meet family needs.<\/p>\n
They noted that failure of policymakers to address the issues might not augur well for the country to meet any of the Sustainable Development Goals (SDGs) by 2023.<\/p>\n
While some were of the view that during political season goods and services decline, they expressed worry at the rate at which utility tariffs, fuel and other economic factors continue increasing without word from government to explain what is happening.<\/p>\n
Market survey data obtained by the Business and Financial Times (B&FT) from the market and some shopping malls in the metropolis and municipality indicated that prices of major food items such as maize, soya bean, cowpeas and vegetables continue to increase.<\/p>\n
In Tamale, most of the traders and consumers rely on the vegetables from Burkina Faso sold from trucks at Choggu market.<\/p>\n
A bowl of Jasmine local rice which used to be GH\u00a215 now goes for GH\u00a230.00; Nasia from GH\u00a230 to GH\u00a240;, ginger from GH\u00a220 to GH\u00a230 per bowl; maize from GH\u00a215 to GH\u00a230; a crate of eggs from GH\u00a218 to GH\u00a230, depending on the size; Frytol oil 4.5L was GH\u00a265 but is now GH\u00a2110.00; Ideal milk 30ml was GH\u00a24.50 but now GH\u00a26; brown sugar 1kg was GH\u00a212 and is now GH\u00a220; Royal Aroma Rice 5kg was GH\u00a245 but is now GH\u00a295 while Lele is GH\u00a295-150; and Voltic Cool Pac medium goes for GH\u00a232 and big size GH\u00a234.<\/p>\n
Some vegetables have seen an increase in price \u2013 including an olonka of tomatoes which used to be GH\u00a230 but now goes for GH\u00a250; pepper from GH\u00a245 is now sold at GH\u00a260; and three fingers of carrot has gone from GH\u00a26 to GH\u00a212 among others.<\/p>\n
Also, some food commodities like maize, rice and yam have recorded some increase in prices, with maize recording an increase from GH\u00a2120 to GH\u00a2450 for the white and GH\u00a2450 for the yellow; a bag of rice increased from GH\u00a230 per 5kg to GH\u00a290-150 per 5kg depending on the brand; and three tubers of yam went from GH\u00a210 to GH\u00a220.<\/p>\n
Tamale is strategically located in the Northern Region, and with this strategic location the metropolis and municipality have market potential for local goods from the agricultural and commerce sectors from other districts in the region.<\/p>\n
Some of these food commodities are from Burkina Faso, Togo, Cote d\u2019Ivoire and Benin, among others.<\/p>\n
Some hospitality operators have expressed worry, saying their investment always go back to the market due to the continuous increments in market prices.<\/p>\n
Ellen Amoakoh of Ellen Ventures \u2013 a provisions shop \u2013 also expressed worry about the price increments of commodities resulting in low patronage.<\/p>\n
\u201cWhen we make low sales, it affects our businesses because we have to look for money to pay the utility and rent bills,\u201d she added.<\/p>\n
Executive Director-Del Cusine, Stanley Cowther, said the continuous hikes in prices are affecting the industry and businesses, and therefore called on government to aid the plight of local businesses in the region.<\/p>\n
The Northern Regional Agricultural officer for Statistics and Research, Alhassan Abdul-Fatau, in an interview with the B&FT said the regional office is making efforts for the farmers to cultivate enough crops to feed the populace.<\/p>\n
\u201cWith the current market prices, we cannot so anything because it is a national issue; but what the office can do is supervise farmers to increase production and harvest enough to feed the nation,\u201d he said.<\/p>\n
Source:\u00a0<\/strong>thebftonline.com<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Prices of some commodities in the Tamale metropolis and Sagnarigu municipality of the Northern Region continue to soar following price increases of fuel, transportation, farm input devices and other factors. The prices have not been stable since beginning of the year, and been a headache for traders, residents, government and private workers who have not […]<\/p>\n","protected":false},"author":1,"featured_media":186596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-186595","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\n
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