Price of rice will fall by November – FG assures

Next Story

NiMet predicts cloudy, rainy weather for Tuesday

It was gathered that the Federal Government on Monday said the price of rice would start to fall from November this year.


This was revealed by the Minister of Agriculture, Audu Ogbeh, who said more Nigerians had returned to their various farms, adding that by the next harvesting season next month, the price of rice would start to crash.

Ogbeh said this when he met with members of the Senate Committee on Agriculture and Rural Development at the headquarters of the ministry in Abuja.

READ Archive:   Gov. Fayose imposes curfew on Ekiti over crisis between Hausa trader and transport workers

He 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.”

On why the ministry was yet to start implementing its capital budget, Ogbeh said: “It is about now that the capital expenditure is beginning.

“One of the reasons why money is not circulating is that we need to follow the due process on issues of procurement, advertisement and others.

READ Archive:   Buhari hurting nation’s image – Sen. Iornem

“You may be surprised to know that only six to seven states in Nigeria are showing enthusiasm in agriculture.

“Some by nature don’t seem interested, while others just can’t connect with whatever we are doing at the federal level.”

3 thoughts on “Price of rice will fall by November – FG assures

  1. Too much story. May God grant us success Amen . The government should release funds to alleviate suffering of the masses.

    Like (0)
    Dislike (0)

Leave a Reply

Your email address will not be published. Required fields are marked *