Why Onion Farmers, Dealers Are Not Smiling In Jos Market
The onion market in Jos, Plateau State, has experienced a significant price drop due to increased supply from Maiduguri, Sokoto, and Kano. Previously selling at high prices of up to N75,000 per bag, onions are now cheaper due to heightened competition and reduced consumer purchasing power amid economic challenges. Sellers like Isah Idris at Farin Gada Market buy at lower rates from expanded sources, maintaining profitability. The market association educates its members on price trends to avoid losses. While consumers benefit from lower prices, sellers emphasize the need for government support in agriculture to stabilize markets and support livelihoods amidst fluctuating economic conditions. Source: Daily Trust
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The recent crash in onion prices in Jos, particularly at the Farin Gada market, reflects a surplus in supply from northern states like Maiduguri, Sokoto, and Kano. Sellers like Isah Idris note that prices have dropped significantly due to increased competition and lower purchasing power among consumers. While sellers adapt to market dynamics by adjusting their prices, they emphasize the importance of government support in stabilizing agricultural sectors prone to price fluctuations. Abdullahi Salisu highlights the shift from scarcity to abundance, with market supplies increasing from 10–20 bags daily to up to 250 bags via trucks. The market association plays a crucial role in informing members about market trends and advising on purchasing decisions to prevent losses. Overall, the fluctuating nature of onion prices underscores the challenges and opportunities within Nigeria’s agricultural economy.
