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REPORTSOBSERVER posts authentic, detailed, and hot news about happenings in Nigeria and the world at large. Vist Reportosbervers for African news| sport| Gist | economy and so lots more information at your fingertips

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Tuesday 27 December 2016

LETTER TO NIGERIAN LOCAL MARKETS


Dear Local market,
As the embittered Naira struggles to Upgrade against dollar , You have little or no relationship with the naira -Dollar  saga.
I observed that there is rapid increment in prices of your items that are grown, harvested and packed in Nigeria, such as Garri, rice, Beans  and among others.
This is another phase of unjust and intolerable  puzzling situation that needs serious attention before you(local market)  form an ally with dollar (the external force)   to collectively  deal with or punish  ordinary Nigerians for an offence they know nothing about.
It is quite shocking and disheartening at this moment that the price of  commodities  are as twice the amount usually been purchased. What Surprised me most was earlier this afternoon when I asked for the price at which a bag of sachet pure water is been sold  not knowing that the the price had jumped from 60 or 70 naira to #150  per bag. Then I began to imagine what exactly is happening? But at the end I arrived at a thought provoking conclusion that 'you' the local market is seizing the opportunity of Nigeria's Economic  quagmire to infiltrate and hike the price of food items and other home made commodities.  What an opportunistic coincidence!.  Perhaps I stand to be corrected.
But before you (local market) join hands with the evil economic force to pulverize the nation, let me  call on the attention of the government and Nigerians  to kick against the cut throat prize of local items as the masses are currently suffering from stomach infrastructural disease.

By:
Alabi Abdul

Author: one click, quality news

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