HomeBusinessAwka: Despite hike in price of foodstuff traders maintain old retail price

Awka: Despite hike in price of foodstuff traders maintain old retail price

Despite hike in the price of foodstuffs, traders in Eke-Awka, our line market still maintain the old price of foodstuffs.

In an exclusive interview with angel network news on Thursday, Mr Chibuzor Orakwe a major distributor and dealer of coscharis rice in our line, market 6, Eke-Awka said that despite shortage in coscharis rice he still sells at normal old stuck price.

He said that ‘’coscharis company is yet to begin production for the year 2022 but his old stuck rice is ever there for customers satisfaction at old stuck price.’’

Mr Chibuzor also stressed that ‘’among all rice produce in Nigeria, coscharis rice stands out the best.

He also assured potential buyers that ‘’ if you come to market 6, also known as our line, Eke-Awka he is going to sell to you at old stuck price, until when coscharis company begins new production.

Also Mrs Ann Nnaemeka a major dealer in provision and beverages, shop number two, our line market Eke-Awka, stated that ‘’the price of foodstuffs have added but I still maintain my old stuck price’’

‘’I enquire the price of Indomie from company and the price of the carton we sell at 2700 naira is now 3100 naira but I still maintain my old stuck price not because I am stupid but as a trained business woman I have expected a hike in the price of product, so I use to stuck my goods very well before new year, because production is not expected to kick off immediately after Christmas and new year celebration so during this short time before production kick off I keep my market price at it normal pace so as to maintain my customers and also gain the trust of potential customers,  Mrs Ann said.       

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