Naira gains: Sen Wamakko seeks corresponding decrease in goods prices

Date:

By Musa Baba Adamu

Senator representing Sokoto North Senatorial District, Aliyu Wamakko has called on marketers and traders in the country to reduce the prices of goods as the US Dollar crashed against the Naira.
The Senator frowned at traders who have refused to appreciate the efforts of the government in bringing down the Dollar exchange to the barest level but have continued to increase the prices of commodities exorbitantly.
Wamakko spoke during Ramadan breakfast with some Commissioners and the Academia at his Gawon Nama residence in Sokoto.
According to the Senator, the traders attributed increased in prices to high Dollar rates but have stuck to high prices now that dollar has crashed to as low as N1,200 against N1,700.
While noting the plight of the citizens, Wamakko appealed to the leadership of the traders’ association, especially in Sokoto State to prevail on their members to lower the high costs of goods.
“I am appealing to you to appreciate the plight of the citizens and lower the high costs of the goods for the development of the nation,” Wamakko said.

READ MORE  2027: APC regaining footing in Abia, LP losing ground – Forum

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Tragedy: 9-Year-Old Sets Family Home Ablaze, Four Relatives Dead

From Muhammad Maitela, Damaturu   The Yobe State Police Command has...

Shettima pushes food, nutrition bill to protect funding

Vice President Kashim Shettima has said Nigeria will accelerate...

First Niger bridge: Works Ministry denies removing demarcations

The Federal Ministry of Works has denied reports that...

2027: 84% Nigerians willing to vote despite insecurity, distrust

No fewer than 84 per cent of Nigerians are...