Senator Aliyu Wamakko, former governor of Sokoto State and Senator representing Sokoto North Senatorial District is concerned about the reluctance of traders to bring down the prices of commodities that went up following the depreciation of the Naira. He said now that the national currency has regained value against the dollar, the continued high prices of commodities, including food items, is no longer justified. The senator frowned at those traders who refused to appreciate the efforts of the government by bringing down the dollar exchange to the barest level and have continued to increase the prices of commodities exorbitantly.
this was contained in a statement issued by his Special Assistant on Media, Bashar Abubakar. The statement disclosed that Wamakko who spoke during Ramadan breakfast with some commissioners and the academia at his Gawon Nama Sokoto residence appealed to marketers and traders in the country to reduce the prices of goods as the US Dollar has lost value against the naira.
According to the senator, the traders cried out that the dollar had gone up against the naira, but it has now crashed to as low as N1,200 as against $1 to N1,700 before.
The statement said, Wamakko appealed to the leadership of the traders association, especially in Sokoto State, to prevail on their members in the interest of the plight of the citizens to lower the high costs of the goods for the development of the nation.
he was quoted as saying, I am appealing to you to appreciate the plight of the citizens and lower the high costs of the goods for the development of the nation”.