Land Reopening Crashes Prices of Grains, Foodstuff in Katsina

January 5, 2021 · Economy

The reopening of land borders has caused a sharp decline in the prices of grains and foodstuff in Katsina markets. Traders said the influx of imported products pushed down costs of rice, maize, and beans, benefiting consumers but squeezing local farmers. Market surveys showed varying price reductions across towns. Analysts warned that without support, local producers might struggle to compete. Authorities promised to stabilize markets with subsidies and programs that balance affordable food with sustainable livelihoods for farmers.