Rice economy to hit $6.3 billion in 2025
Nigeria's Rice economy is estimated at $5.2b and has been projected to hit $6.3b by 2025. However, the country is far from attaining the feat
Rice producers to support border closure with price slash
In response to the Federal Government’s plea for farmers not to take advantage of the current border closure, producers of the Ogoja Rice have disclosed plans to slash the price of the grain ahead of the Yuletide season.
Government reiterates commitment to food security, assures farmers of support
The Federal Government, through the Ministry of Agriculture and Rural Development, has reiterated its commitment to equipping farmers with necessary agro-inputs through the government’s various windows of support.
Nigeria gives condition for reopening borders
The Federal Government’s decision to shut the nation’s land borders against neigbouring countries will remain, despite any short-term losses, until they ratify Nigeria’s proposed anti-smuggling policy, according to Central Bank of Nigeria (CBN) Governor Godwin Emefiele.
There is hunger in Nigeria, experts reply Agric minister
Minister of Agriculture and Rural Development, Muhammad Sabo Nanono last Monday said Nigeria is producing enough to feed itself. He asserted that there is no hunger in the country. But contrary to his assertion, experts in the sector bare their minds on the true state of the situation. GBENGA AKINFENWA reports. Nigeria Is Far From…
Nigerians groan, farmers, processors profit from food price hike
Indications have emerged that farmers, processors and their distributors have begun to reap the benefits of closing some borders and a regime of restriction on foreign exchange as these have catalyzed demand for locally produced food items.
‘Adulteration by big seed companies sabotaging rice productivity, sufficiency’
Dr Olabisi Awoniyi is in charge of the Directorate of Agriculture, Lower Niger River Basin Authority, Ilorin (covering Kwara and Kogi states). He spoke with FEMI IBIROGBA on challenges that the country should resolve to boost rice production and value chain development as some land borders are closed and the product becomes more expensive
Navy nabs four suspected smugglers, seizes foreign rice in Akwa Ibom
The Nigerian Navy, Forward Operating Base (FOB) Ibaka, Mbo Local Government Area in Akwa Ibom has nabbed four suspected smugglers in connection with the smuggling of 220 bags of 50kg rice.
Consumption of locally produced food items on the rise as borders remain shut
As good as the enforcement of import substitution and backward integration policy being implemented by the Federal Government appears to be, Nigerians have said the timing is wrong because the prices of foodstuffs, especially rice, have gone beyond the reach of ordinary Nigerians.
Navy seizes drums of diesel, parades 12 suspects, smuggled rice in Akwa Ibom
The Forward Operating Base of the Nigerian Navy in Ibaka, Mbo Local Council of Akwa Ibom State has confiscated 50 drum of illegally refined Automated Gas Oil (popularly known as diesel) and paraded 12 suspects and 486 bags of smuggled rice.