Persistent Hike in Price of Flour not Limited to Nigeria, but a Global Issue --- Mika 'ilu
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Managing director, SA' IN GUSAU AND STORES, Alhaji Mika'ilu Faruk Yahuza |
From Aliyu Buhari Gusau
Sharp increase in prices of flour has been described as a global factor, not a matter limited to Nigeria alone.
This was stated by the Managing Director of SA'IN GUSAU AND STORES, Alhaji Mika'ilu Faruk Yahuza in an interview with journalist's in Gusau.
Alhaji Mika'ilu Faruk Yahuza said that, the constant increased in price of flour started due to shortage of the commodity since the conflict between Russia and Ukraine ensued.
He said Russia is the largest exporter of wheat, with Nigeria taking 90% of wheat it exports globally.
“Before the price of bag of flour was just #18000, but now it is sold between #25000 -and #26000, per bag , depending on the company,” Mika'ilu added.
Alhaji Mika'ilu, called on Customers to bear the Situation, saying it be a history.
“Insecurity is one of the major Challenges that causing the hike in prices of Commodities”, Mika'ilu noted.
He further described the relationship between bread baking factories in the state and SA' IN GUSAU AND STORES, as very cordial. assuring that the tempo will be maintained.
He commended the state Chairman of Market Traders Association, Alhaji Usman Isah for his efforts toward the success of the association, calling on him to continue in that direction.
Alh. Mika'ilu called on people in the state to continue praying for peace and stability, considering the fact that, no society could develop without peace.
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