Prices of items in Owerri, Imo State capital, have gone up astronomically as residents engaged in panic buying ahead of the arraignment of Mazi Nnamdi Kanu, leader of Indigenous People of Biafra, IPOB, on 21 October. Recall that IPOB had said Thursday is the only day should exercise sit-at-home to honour its leader, Kanu, as he is expected in court.
Residents of the Heartland City have continued to engage in panic buying until late evening on Wednesday as families sought to stock their homes out of fear that the order may lead to scarcity of food items.
DAILY POST reporter, who visited some markets on Wednesday evening, learnt that prices of food items like meat, tomato at Akwakuma market, Eke Ukwu Owerri market, a major market in the city, have gone up drastically.
A meat trader, Mr. Anayo Emeana, who confirmed the development, said that cows are very costly now but irrespective of the hike, the people are still buying because their children will not eat food with meat.
A journalist, Nkechi Ojukwu told DAILY POST that the prices of foodstuff have gone up within this period because people are trying to stock their homes with food items ahead of October 21 sit-at-home order by IPOB.
She said, “I’m buying foodstuff for my family, which will serve us until after Monday. The cost of things is so high that by the time you buy one or two things your money is finished,” she lamented. An onions trader at Eke Ukwu Owerri, Musa Ibrahim, said the rush had caused the cost of food items to go up astronomically in the market.