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Tuesday, 11 October 2016

Rice to depreciate in price this November

The Federal Government has revealed that the price of rice would start to fall from November this year as they plan to boycott importation of rice.

Speaking at a meeting with members of the Senate Committee on Agriculture & Rural Development on Monday, Oct. 10, the Minister of Agriculture and Rural Development, Chief Audu Ogbeh, said:


‘We will not encourage rice importation and there is no way our ministry or government can be involved in importing rice when we are working hard to be self-sufficient in local production. By November when the full-scale harvest starts, rice prices will fall.’ Meanwhile, early last month, the government had warned that the price of rice might hit N40,000 a bag. It is currently being sold around N20,000

38 comments:

Uju Phil said...

Story for the gods,mtew!

charles obaze said...

Amen o

Eddy Ogbunambala said...

Good

livingstone chibuike said...

K

livingstone chibuike said...

I pray o cos we don suffer walahii

Ogenah Boris said...

Hope it comes to pass

Livv Steam's Blog said...

Confused set of people..

vinna saviour said...

Why not return to 8k a bag

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BONARIO NNAGS said...

Yes can't think of any country that consumes the amount of rice we consume in Africa, we need to be self sufficient in rice production.



. ~BONARIO~says so via NOKIA LUMIA

freeborn bamislam suani ahmad bamislam said...

Lies from pit of apc. We dont want again o
WATCH OUT THE WILL SOON COME OUT to DENY THAT THEY DIDN'T SAY ANY THING LIKE THIS SHAMELESS PARTY THAT LIE PASS DEVIL.
When there is no rice are we eating shit huh? Terrorist buhari is tying to divert nigerians attention from the main problem. IS RICE NIGERIA NUMBER ONE PROBLEM HUH? terrorist buhari resign oooo because u and ur scam militants are as corrupt and confuse as una name shame.


















#sad indeed

Chizzy Liz said...

****************************Thix ix d only good thing dix regime hax done and dey should sustain it*********** even though they banned importation of rice without making any provision for any substitute *********bur then********thix will push our people to knw dat dey can actually harvest rice from dia lands *********** and begin to apprec8 dia home made goods !!!!!!!!!! How can we be importing rice ??????????? Ah min how !????????? Wen we have good Abakiliki rice with less starch************ Nigerians are jux being carried away by foreign packaging **************dey better don't be push to lift the ban**********Nigerians too can export rice !!!!!!!!!

Anonymous said...

No worries, we will import species that Nigeria cannot offer.

Sometimes I just Wonder how our leaders think....Even in great USA and the UK and all over Europe, where there is a stable manufacturing of goods within these aforementionned régions, importation is still made from ASIA.

There should be encouragement of HEALTHY competetion and not Monopoly as we see in Nigeria for example: the moment Dangote started making sugar, they banned import of sugar...really

When people import goods for distribution in a country where already there is production of such good...it is supposed to encourage COMPETTITION...if the Nigerian counterparts are offering international standards, selling and making revenues shouldnt be an issue because the end Customer can understand this.

Striking out importation means Nigérians wil be stuck with substandard goods because the Nigerian company wont strive to overachieve but just continue making money.

I can go on and on...but Nigeria leaders need serious re-education

Ohiren's Zone said...

LOL

Genevieve Okoroigbo said...

Who them epp?







says, Genevieve.

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ONYX linda ikeji first son GODWIN said...

Bag of rice 13k, now 20k. And a clueless governor says we're hyping the recession?

Odibe Blessing said...

Nice one!!!it shld abeg..

Alloy Chikezie said...

Talk and make promise, that's what this government know how to do.

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Temmy Jamal1 said...

Recessionvirus

Mz_Jonathan said...

Best comment so far

christie benjamin said...

They just talk too much! these old men shud only talk when something they've got to say is more beautiful dan silence.

Stubborn Boy said...

Hmmmmm we are not new to this kind of nonsense fake news. Seeing is believing! #FuckAPC #FuckBUHARI.

Joyous Babe Lindaikeji First Cousin said...

we hope so.

Lastborn Usman said...

APC, una story too much!

Franklin Marcel said...

Brother or sister why do you think this way....you said developed country,now tell me what is American,know best at and what are those things they import? Since Nigeria is good and rich in agriculture and have able to do farmers who can go along way if equipped to produce what we can and need.
Tell me from your point of view what is different from imported sugar and the one produced by dangote?
No can I ask you this....have you tasted abakiliki rice before,the natural nutrient it contains is far better than the foreign you prefer.
Lets encourage our produce and live by it rather than be spoilage to it thank you.

CHERYL (aka FROM GLORY to GLORY) said...

Am hopeful

Long Live LIB

OSINANL said...

GOD PLEASE PUNISH BUHARI AND HIS COHORTS FOR ME

Juliet Iwuno said...

Can't wait! Linda take note!

Paul Ocheke said...

all na wash... Double your hustle

babangida mohammed said...

we are waiting ooooooooooooooooooooooo no long thing............

Anonymous said...

Linda Bag of rice is 27,000.

Olushola Kuteyi said...

Its tyme they stop promising, lets jest see it, seen is believing, they should just stop this their promises for once

Olushola Kuteyi said...

Its tyme they stop promising, lets jest see it, seen is believing, they should just stop this their promises for once

Olushola Kuteyi said...

Its tyme they stop promising, lets jest see it, seen is believing, they should just stop this their promises for once

Edeh Chris said...

That's what they ha always been telling us

Mercy Iheanyichukwu said...

GOOD MOVE PLEASE IT SHOULD DROP FROM ITS HIGH PRICE, RICE IS STAPLE FOOD FOR A COMMON MAN, THEIR IS NO DAY ANA AVERAGE NIGERIAN WILL NOT EAT RICE.... RICE START DROPPING FROM THIS WEEK SEF HABA

#AMIABLE #LIB #FOLLOWER

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