Rising Prices of Goods, Prompt Call for Price Control Measures

Rising Prices of Goods, Prompt Call for Price Control Measures

The escalating price of goods in Abia state has sparked concerns among residents, prompting calls for the authorities to implement price control measures. Citizens are grappling with the burden of high costs, which are adversely affecting their purchasing power and overall quality of life.

 

The cost of essential commodities such as food items like Rice, tomatoes, onions etc and fuel has witnessed a significant surge in recent months this surge is attributed to various factors including inflation, supply chain disruptions and increased production costs. As a result, consumers are finding it increasingly difficult to afford necessities, leading to financial strain and economic instability.

See also  Gov Fubara Inaugurates Okania-Ogbogoro-Mgbaraja Road

 

Expressing their frustration, residents have urged the government to intervene and implement price control mechanism to alleviate the burden on consumers. they argue that unchecked price hikes are exacerbating poverty levels and hindering economic growth.

 

They encourage the government to introduce the authorities responsible for checking the prices of goods in the market to help its citizens and the growth of business in the state.

 

As the government takes steps to implement price control measures, it is hoped that the burden on consumers will be alleviated, enabling them to access essential goods at affordable prices. By addressing the rising prince of goods, Abia state can foster economic stability improve living standards, and promote sustainable development for its residents.