Garri Price Skyrockets To ₦72,000 Per Bag

• Garri price has surged to ₦72,000 per bag in Jos.

• High demand is a significant factor.

• Sellers express astonishment at the unprecedented hike.

EKO HOT BLOG reports that in Jos, the capital of Plateau State, one of Nigeria’s staple foods, garri, has reached a record high.

The commodity, once known for its affordability, is now being sold at ₦1,100 per measure and ₦72,000 per 100kg bag, according to reports gathered by this online media platform.

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Garri sellers at Katako market attribute the surge to high demand, marking a historical price increase not seen in decades, as highlighted by seller Hassan Maigari in an interview with Daily Trust.

Maigari, “There are a lot of factors contributing to the hike in the price of the commodity.

“One is the high demand for garri at the moment because a lot people have resorted to it as substitutes to other varieties of foods that are more expensive.

“I have been in this business for the past 30 years and I have never experienced this kind of price surge. Today, I sold a bag of 100kg at N72,000.”

Garri price

Another Garri seller, Abdullahi Ibrahim, said the sellers of the commodity in the farms also contribute to the price hike, adding that the price may increase further because it is not yet deep into the rainy season when prices usually surge.

He said, “Those who sell the product to us in the farms also contribute to the price hike because processors are deliberately delaying processing the product in order to sell at a higher price, which often results in a surge in demand.

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“That’s why when people say other prices have gone down, therefore, Gari prices should also be reduced, we try to explain to them because they don’t understand the challenges we’re facing.”

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