‘Why gari price is falling’
The Chairman, Enugu State chapter of Cassava Farmers’ Association, Mr Romanus Eze, has attributed the fall in the price of garri to massive cassava production.
Eze, a large-scale cassava farmer, spoke in Enugu.
He said cassava farming increased in all the states across the Southeast last year, leading to a fall in the price of garri at various markets this year.
He said many people went into cassava cultivation because of the scarcity of cassava stems last year, recalling that many farmers could not buy enough cassava stems last year due to its prohibitive cost.
“In 2017, cassava stems were sold to farmers at a high price; some stems were sold at the rate of between N1,500 and N1,800 per bunch.
“With the high cost of cassava stems in 2017, many people decided to go into cassava farming and this led into massive cassava production and a consequent reduction in the price of garri,” he said.
Eze said the state chapter of cassava farmers association had mapped out strategies to ensure that the enhanced cassava production level was sustained by sourcing additional markets for the produce.
He said the Anchor Borrower’s Programme of the Central Bank of Nigeria (CBN) had facilitated plans to boost cassava production by getting off-takers for the produce.
Besides, Eze said the state chapter of the association had signed a Memorandum of Understanding (MoU) with some off-takers who were ready to buy all the cassava produced by the farmers.
He said the agreement with off-takers would encourage cassava farmers in the state to improve their production without any fear of how to get markets for their produce.