BY SUNNY A. DAVID
The hustle and bustle of Onitsha’s Ose Okwodu market continues undeterred as Christmas approaches.
A market survey reveals a mix of price increases and decreases for various commodities, suggesting the market is adapting to the festive demand.
At the rice section, a dealer, Mr. Vitus Umezinwa said there is reduction in price of rice as a bag of quality local rice which was formerly sold between one hundred and ten thousand naira now sells between ninety and ninety-five thousand.
Similarly, a bag of beans which was formerly sold between two hundred and seventy thousand naira and two hundred and eighty thousand naira is now sold between ninety-five thousand naira and two hundred thousand naira.
At vegetable oil section, Mr. Uchenna Okeakpu said there is a high increase in price of vegetable oil, as ten litres of which was formerly sold at seventeen thousand naira now sold at forty-five thousand naira while palm oil which was formerly sold at thirty-two thousand naira now goes for fifty-four thousand naira.
According to report, the prize of onions also recorded very sharp increase.