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Traders and shoppers at Ihiejwo Market in Oju Local Government Area of Benue State witnessed noticeable price movements today, with several staple food items maintaining relatively low costs despite variations in quality and quantity.
A market update shared by local resident Ogor Joseph on social media provided a detailed snapshot of prevailing prices for key commodities, highlighting the affordability of farmers’ produce at the moment.
Garri prices showed a range depending on measurement and quality:
– One cup sold for ₦100
– A “bad” basin went for ₦8,000
– A good-quality basin fetched ₦11,000
– Full bags of garri were priced between ₦16,000 and ₦25,000
Rice followed a similar pattern:
– One cup at ₦100
– One basin at ₦15,000
Yam tubers were sold in bundles of varying sizes:
– Medium-size yams (5 tubers) at ₦1,000
– Big yams (5 tubers) at ₦3,000
– Medium yams (8 tubers) at ₦2,000
– Larger bundles of big yams (5 tubers) reaching ₦6,000
– A bundle of 11 tubers priced at ₦9,000
Groundnut prices stood at:
– One cup for ₦150
– One basin for ₦20,000
The post noted that farmers’ products are currently “very cheap” in the market, a situation that offers some relief to consumers amid broader economic pressures but raises concerns among producers about profitability. Low farm-gate prices for staples like garri, rice, yam, and groundnut often reflect bumper harvests, transportation challenges, or seasonal oversupply in rural markets across Benue State.
Ihiejwo Market, like many periodic markets in Oju LGA, continues to serve as a critical economic lifeline for local farmers, traders, and households in one of Benue’s food-producing zones. The reported prices come at a time when food inflation remains a national issue, making affordable local produce particularly welcome for residents.
The update concluded with well-wishes for a “happy market day,” underscoring the vibrant community spirit that characterises trading hubs throughout the state. Shoppers are advised to take advantage of current low prices while they last, as market dynamics can shift quickly depending on supply, demand, and external factors.
