The Akwa Ibom State government has ordered traders to immediately reduce the cost of foodstuff in the market across the state.

Idorenyin Raphael, the Special Assistant to Governor Udom Emmanuel on Traders’ Matters, issued the order on Monday through a letter he wrote to the various market unions.

Mr. Raphael, in the letter, threatened that the state government would dissolve the leadership of any union that does not comply with the order within 31 days.

He said the unions were taking undue advantage of the poor economic situation in the country to inflate prices of foodstuffs, thereby causing unnecessary hardship among the people.

The governor’s aide later appeared on a radio programme on Wednesday to explain how the unions were allegedly responsible for the high prices of foodstuffs in the markets.

“Garri is selling between N30,000 and N22,000 per bag in the state, but if you go outside Akwa Ibom garri it is sold between N18, 000 and N17, 000…. The union doesn’t allow people who are not their members to sell garri in bags in the market,” Mr. Raphael said on the radio programme.

“If you are not their member and you bring in bags of garri into the market, they will seize them from you.

“If you look at it, there are no Customs duties on garri, and garri is not purchased with dollars, so it is the union that is causing the price increase.

“We will not continue to fold our hands and watch them do this; the unions must give traders the free hand to sell their goods.

“Another example is the crayfish. If you travel to Aba (in Abia State) you’ll discover that the crayfish there are cheaper there than in Akwa Ibom, and the traders from Aba are buying from here. It is because of the union,” Mr. Raphael said, adding that the government would do whatever it takes to break the monopoly that the unions are trying to create in the markets.

Source: http://www.premiumtimesng.com/regional/south-south-regional/233296-akwa-ibom-govt-gives-traders-31-days-ultimatum-to-reduce-price-of-foodstuff.html

Front Page: Lalasticlala Mynd44

Ayade should follow the same path.




Those ppl are wicked. I was buying *Bread wey hand no dey touch* for 150# in cross river during my service


You can't even buy coke less than 100#

Could be a nice move because people are suffering..

Does the Union own the market spots? How exactly can they seize them from non unionized seller?

Well, I give Akwaibom state 25 days to fix all the roads and provide 24 hours electricity for residents of Akwaibom

japhet1902:
Could be a nice move because people are suffering..

and the sellers aint also suffering abi



let those bastards give up there salary for just 4months.....

Blue3k:
Does the Union own the market spots? How exactly can they seize them from non unionized seller?

Read well before commenting

rottennaija:


Read well before commenting

Keep your 2 cents take your own advice.

“If you are not their member and you bring in bags of garri into the market, they will seize them from you.

They have to sell what they buy and mind you profit must be made.

You buy high and sell higher. If Gov. cannot make them get it at a lower price. Why will they sell cheap. You wan make them lose??

Nigerians want a better economy.

Nice one from the state state Government. Kudos

Nigerians are so exploitative....



Dollar instability has made even farmers increase the the price of maize.


Imagine that!!!

Market should be free trade zone. But when marketing activities is regulated by unions this is what happens.

BTW, when are you also reducing your own cost of governance. And focus more on agriculture to increase food products in the market thereby crashing the price.

dw

"If you look at it, there are no customs duties on garri, and garri is not purchased with dollars, so it is the union that is causing the price increase".



If the traders should give away their goods b'cos no Customs duty was paid and goods is not purchased with dollars, what will be their fate when they want to purchase imported goods?.

Ambode Over To U

.

Good one

hmmmm

Month of Ultimatum

Nice move. Sellers have taken advantage of the current situation. A country where everyone is an opportunist!!!

Traders adding to Buhari's ill condition

If I buy stuff for 10k I should sell for 5k right. Mr governor na now things go hard to find for market ehh

Good move. Let every state adopt the same measure.

If I hear!

This pure madness. She they sell it below what they bought the stuffs?

I pity naija.. Things are done daily in this country as if our leaders are brainless

lordinoh:
Month of Ultimatum

Is the new trending madness. Lol

The current akwaibom state governor is an underperformer.

Our political leaders are just plainly stupid.

For how long to we use force to stabilize prices of goods and services rather than allowing the law of demand and supply to control the market since we are are capitalist and not socialist economy.

If the prices of food stuffs are reduced what bout the prices of inputs and raw materials?