INFLATION OF GOODS IN THE MARKET

The price of goods/commodities in the recent years have sparked alot of commotion among buyers and sellers/ businessmen and women in the market.

In recent analysis, the price of goods/commodities have recorded a high tone of inflation in the market resulting in the devaluation of naira from 2015 till date.

According to the chairman “Frontline Association” in katsina state, lamented that due to the inflation of goods in the market, they have recorded less sales of goods in recent months making it difficult for them to go to the market and purchase new ones. He also made it known that, taxation has also increased from #2000 to #3000 per shop making it unfavorable for them.

Meanwhile, he also pleaded with the federal government to intervene and proffer necessary measures to tackle this inflation so that things will go back to its normal way.

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