The Ooni of Ife, Oba Enitan Ogunwusi, has taken action to tackle rising food prices by banning market associations in his area. This move is part of his effort to make sure essential goods remain affordable for everyone.
The Ooni announced that traders can now set their own prices without pressure from market unions. He warned that anyone caught hiking prices unfairly could be banished from Ile-Ife.
One specific rule is that sellers cannot charge more than N200 for a portion of pepper. The Ooni made it clear that selling pepper for N500 is not allowed. Additionally, sellers who cheat customers, like giving 7 cups as a congo of rice, will face consequences.
This action aims to create fair trade practices and ensure that both local and visiting traders are treated well. The Ooni wants to make sure that everyone can afford basic necessities and hopes that these changes will lead to more reasonable prices in the market.
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