Imported Rice Price Surges by 114% The average price of imported high-quality rice sold loose has surged by 144.77 percent year-on-year as the Federal Government delays implementing its duty-free food policy. This is according to the selected food prices report from the National Bureau of Statistics...

FG Ask Civil Servants to Register For N40,000 Rice   The Federal Government has concluded plans to sell a 50kg bag of rice at N40,000 to public servants with a view to alleviating the food crisis in the nation and its effects on Nigerians. This was disclosed...

The Federal Government will be suspending import duties on rice, flour, wheat, and other essential food items in an effort to reduce the high costs of food amidst widespread hunger in Nigeria. 

As the Federal Government announced the distribution of 740 truckloads of rice to 36 states and the FCT, the Minister of Information and National Orientation Mohammed Idris Malagi, assured that the effort will continue in some form. While this gesture aims to alleviate economic hardship, the real challenge lies in ensuring that the aid reaches those who need it most. 

According to Chief Oludare Adekolu, the National Chairman of the Association of Greenfield Rice Producers, Marketers and Entrepreneurs (AGRIPMENT), Nigeria has the capacity to produce far more rice than what obtains at present if genuine producers get adequate support.  

Rice, Garri, Tomatoes Prices Rise 141% in a Year – NBS The average price of rice, garri and tomatoes rose 141 percent in one year, the highest yearly increase for the period, according to data from the selected food price report. The data shows that the...