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Kano Traders Deny Hoarding Goods, Pledge Price Stability

Traders at the Singer market in Kano have vehemently refuted allegations of involvement in hoarding essential goods and commodities

paulcraft by paulcraft
February 13, 2024
in Local News
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  • Traders at Singer market in Kano denied hoarding essential goods during a meeting at the PCACC office, pledging price stability
  • Ibrahim Danyaro, the traders’ leader, asserted their innocence and transparency, presenting receipts and invoices to the commission to clarify practices

Traders at the Singer market in Kano have vehemently refuted allegations of involvement in hoarding essential goods and commodities.

During a Kano Public Complaint and Anti-Corruption Commission (PCACC) office meeting, the traders distanced themselves from such practices and committed to maintaining current foodstuff prices.

Ibrahim Danyaro, the traders’ leader, emphasized their innocence, stating, “We don’t hoard goods and other essential commodities; that’s why we are here today to discuss the issues with the PCACC.”

Danyaro highlighted their transparency by presenting receipts and invoices to the commission, clarifying their business practices as lawful and focused on providing affordable prices to consumers.

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Following a recent raid on warehouses suspected of hoarding goods, Hamisu Rabiu, another trader, assured that they would strive to keep prices stable, particularly with the fasting period approaching.

Rabiu stressed, “We are not responsible for the increased price; we are also battling it. However, we will do our best to maintain the current price as far as we are concerned.”

Muhuyi Magaji Rimin Gado, Chairman of the Commission, expressed satisfaction with the traders’ explanations, noting that the warehouses targeted in the raid were not in the Singer market.

Rimin Gado reaffirmed the commission’s commitment to uncovering those engaged in hoarding activities, urging public support in identifying offenders.

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