Economy

Ibadan Traders Want Govt’s Intervention Over Hike In Prices

Traders in Ibadan have called on the federal government to set up task force on price control in the market.

They made the plea in Ibadan while speaking with Radio Nigeria correspondents.

Two of them, Mrs. Ajoke Salawudeen and Miss Bisola Oni lamented that hike in the prices of food items and other goods have had drastic impact on their sales.

They complained that rise in the foreign exchange rate which had devalued the nation’s currency needed to be addressed to regulate market prices of goods.

The traders who noted that increase of imported goods in the country was also causing major setback the economy.

They however want the federal government to take measures that would improve the standard of living of the masses.

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