Dollar scarcity: Rice traders turn to locally-grown rice

[su_dropcap]T[/su_dropcap]he scarcity of United States dollars in the country has forced rice traders to look inwards and patronise local growers and processing mills. It was gathered that distributors in Kano, Ondo and Lagos states as well as the Federal Capital Territory, among others, have been bombarding the milling factories with orders beyond their processing capacity. A […]

Read More

Rice Import Gives Customs N1b in Two Months

The suspension of restrictions on the importation of rice through the land borders by the Comptroller-General, Nigeria Customs Service (NCS), Col. Hameed Ali (rtd), has paid off. The service has raked in N1.178 billion from the 17,596 metric tonnes of the item imported through the borders between October and November, this year. Speaking at a […]

Read More