Foreigners manipulating flour market in Nigeria

  • 📰 Daily Trust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Flour mills controlled by foreigners in Nigeria are exploiting local farmers and bakers through the arbitrary increase of prices of the commodity, which is also

Farmers and bakers who rely on flour and associated products for their production described the “coordinated and arbitrary increase of prices as exploitative.”showed that leading flour producing companies are controlled by foreigners even as they collectively operate like a cartel, manipulating the market forces and increasing prices at will.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines