Join NairaWay / Login / Trending / Recent / New
Stats: 227 members, 2,753 topics. Date: May 20, 2018, 4:50 pm
The Federal Government on Monday declared that 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 government said the delay in the approval of the 2016 budget had made it impossible to implement the capital expenditure in the agricultural sector.
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, said this while addressing members of the Senate Committee on Agriculture and Rural Development at the headquarters of the ministry in Abuja.
Ogbeh, who stated that the government could not be involved in the importation of rice as speculated in some quarters, stressed that his ministry would not encourage rice importation because it would be detrimental to local production.
He said Federal Government was against rice smuggling and noted that the Seme border had become a notorious route for the smuggling of contraband products into the country.
“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.”
CLICK HERE TO GET FREE TUTORIALS ON MAKING FREE CALLS, WATCHING DSTV FREE ETC
LEARN HOW TO MAKE N250,000 MONTHLY ONLINE IN NIGERIA
How to Make Huge money From Expired Domain name click http://cashnaira.com
CLICK HERE TO DRIVE UP TO 20,000 REAL NIGERIAN TRAFFIC DAILY TO YOUR SITE
FREE GUIDE! BROWSE FREE, MAKE FREE CALLS, MAKE MONEY ONLINE ETC
CLICK HERE TO EARN $45 – $100 DAILY ONLINE WITH YOUR FACEBOOK ACCOUNT
Viewing this topic: 1 guest viewing this topic
|NAIRAWAY - Copyright © 2016 Oluwasegun Adebayo. All rights reserved. Follow NairaWay on Facebook|
Disclaimer: Every NAIRAWAY member is solely responsible for anything that he/she posts or uploads on NAIRAWAY.