Northern Nigerian Breaking News

Ramadan : Dangote floods markets with commodities to prevent price hike – Dealers


By Abdullahi Kano

A major Dealer of Dangote Group of companies Alhaji Salisu Sambajo says there was no time that the organisation increases prices of its commodities in any parts of the country during Ramadan.

Alhaji Salisu Sambajo stated this on Monday while speaking to journalists at his office at the singer market in, Kano.

Sambajo explained that the company sells a bag of sugar to major Dealer at the rate of  N 18,500 and the company makes a refund of N 250 per each to the dealers

” I am among the major Dealers of Dangote products in Nigeria, to the best of my knowledge there was no time Dangote company increases the price of his commodities during fasting period”

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Read Also:PHOTOS: {Ramadan}: Kano anti-graft commission moves to end artificial price increase

‘’Sometimes retailers who buy sugar from major Dealers, jacked up the price upward when they arrived at there destinations.

“What Dangote has done to us at this singer market, its only God that can reward him abundantly, years back, Dangote use to give us commodities to sell without collateral, until after we’ve sold the commodities, then we payback and take the profit”

Also, speaking another major Dealer of Dangote products Alhaji Sabo Dankoli explained that they have never experienced a hike in price from Dangote company during Ramadan.

” There are a lot of commodities on the ground this year, am assuring the general populace that this year we are not expecting any hike in sugar and other commodities, just like last year. Even that of last year, despite the COVID-19 pandemic which caused lockdown, Dangote companies did not hike the prices of their products

Commending the Dangote Group on efforts to ensure that there is no price increase of essential commodities during the fasting period, Chairman,  Kano State Public Complaints and Anti- Corruption Commission, Barr. Muhuyi Magaji Rimingado lauded the company for flooding the market with goods.

‘’I was informed that the company has flooded the market with commodities that can last till after the Ramadan period and not only in Kano but across the northern states, ‘’Muhuyi Rimingado said.

‘’That was why we appreciated the company with a letter of Commendation last week. I hope the company will sustain the initiative even after the holy month of Ramadan.’’

Shedding light on the activities of Dangote Group of Companies on efforts to guarantee stable prices for commodities during Ramadan, a senior official of the company, Alhaji Garba Ibrahim El- Suleiman said Company presently has flooded all the markets across the country with commodities whereby no dealer would be able to skyrocket the price of any product.

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