Against the backdrop of the Nigerian government’s policy on domestication of the rice industry and the war against its illegal importation, sea ports of West African countries are still receiving large quantities of the commodity, apparently for onward shipment to Nigeria through land borders. Consequently the commodity still tops the smuggling chart and seized items […]
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Over 12.2 million farmers have joined the rice and wheat initiative of the Federal Government, President Muhammadu Buhari has said. Buhari added that the administration’s Anchor Borrowers’ Programme, which is already a success would gradually move the country to self-sufficiency in major grains. The President spoke at the 25th edition of the Nigeria Media Merit […]
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Rice farmers, millers and processors on Wednesday announced that the price of a 50kg bag of the produce would fall to around ₦6,000 in the next few months. According to them, the current market price of rice, which is about ₦15,000 per 50kg bag, will drop to between ₦6,000 and ₦7,000 in a couple of […]
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The Chairman of Abakaliki Rice, Ebonyi State, Joseph Nnunu, has charged the Federal government to make agricultural infrastructure readily available and accessible to farmers. Nnunu said this would enhance the Federal Government’s quest to boost food supply and provide more competitive source of incomes for Nigerians. According to him, some of the major challenges stakeholders […]
Read More The Central Bank of Nigeria (CBN) has assured that Nigeria would meet its 6.1 million tonnes rice demand by the end of this year’s harvest season. Acting Director, Corporate Communications of the bank, Mr. Isaac Okoroafor, who disclosed this in Awka during a three-day sensitisation workshop for the people of Anambra State, said already the […]
Read More The United Kingdom’s Department for International Development has said that 18 states in Nigeria now produce about 5.7 million metric tonnes of milled rice, bringing the country’s production closer to the seven million metric tonnes projected milled rice requirement for 2016. According to a report on Growth and Employment in States, which was funded by […]
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Stallion Conglomerate, Popular Farms and Mills Limited, says it plans to increase its locally farmed rice from 450,000 metric tonnes to 1.5 million tonnes annually, using integrated rice value chain and enhanced milling activities. Its Group Director, Mr. Hapreet Singh, stated this in Abuja while receiving an IBCA’s award conferred on the company for its […]
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Nigeria Customs Service, Federal Operations Unit, Zone ‘A’, has disclosed the seizure of 23,000 bags of 50kg imported parboiled rice and that the importers owe the Federal Government N149.5m in import duty. The Public Relations Officer of the command, Mr. Jerome Attah, stated this in a statement made available to correspondent on Tuesday. According to […]
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The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, says the Federal Government is targeting the production of seven million tonnes of rice by 2018. Ogbeh told newsmen on Wednesday that the target, which would be achieved by the second quarter of 2018, was to meet the national consumption rate. He said, “I think […]
Read More Nigerians has continue to experience the reverse of what the federal government promised on the most consumed food stuff in the country, the month of November has come and gone, yet the price of rice has not come down and may not likely fall this year as the price of dollar remains high and local […]
Read More The Federal Government on Monday declared that the price of rice would start to fall from November this year. It stated that more Nigerians had returned to their various farms, adding that at the next harvesting season next month, the price of rice would start to crash. This came as the government said that the […]
Read More The Comptroller-General of Nigeria Customs service, Col. Hameed Ali (rtd), has ordered the immediate removal of rice from import restriction list and the re-introduction of import duty payment at land borders. The Public Relations Officer of customs, Mr Wale Adeniyi, made this known in an interview with the News Agency of Nigeria on Wednesday in […]
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