Nigeria: Price of Tomatoes Crashes By 75% in Katsina

(file photo)
1 August 2019

The price of tomatoes at the Katsina tomato market has crashed by about 75 per cent due to a glut in the supply of the commodity.

Our correspondent, who monitored the development in the market on Wednesday, reports that a big basket of tomatoes, which sold for N10,000 in May, now goes for a paltry N2,500.

The sharp drop in price was due to tomato glut arising from high supply of the commodity by farmers from Katsina and neighbouring states.

The Vice Chairman of Katsina Vegetable Sellers Association, Alhaji Sada Ahmed, attributed the price crash to the large supply of the commodity by farmers.

Ahmed said that aside from the quantity produced by farmers in the state, farmers from Kano, Jigawa and Zamfara were also supplying the commodity to Katsina markets.


More From: Daily Trust

Don't Miss

AllAfrica publishes around 800 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.