– CBN’s representative, Mrs Nkechi Osuji,
has hailed a programme recently
launched by the federal government for
the recent crash in price of rice
– Local rice now reportedly costs
N13,000 for a 50kg bag
– Mrs Nkechi encouraged more states to
join the scheme to enable more
reduction in price of local rice
Nigerians can now heave a sigh of relief
after reports confirmed that the price of
local rice in the country has crashed in
some states across the federation.
The News Agency of Nigeria (NAN)
quotes the Central Bank of Nigeria (CBN)
as saying the agricultural initiative
‘Anchor Borrowers Programme’ which
the federal government launched
recently, is responsible for the drastic
change in prices.
Price of local rice has reportedly crashed.
Making this remark on Saturday,
November 19 in Imo state was Mrs
Nkechi Osuji, the head of CBN’s
development financing department at a
sensitisation workshop attended by local
government representatives of small
holder farmers, cooperative societies,
youths and women groups drawn from
the 27 local government areas of Imo.
According to her, a 50kg bag of local rice
can now be bought for N13,000 in
states where the scheme has been
embraced. She also added that the more
the states that join, the cheaper the
products in the market.

The CBN representative also encouraged
participants to take the programme
seriously as it has the potential of
providing over one thousand jobs for
unemployed youths and graduates.
“Let there be no ghost farmers and
unnecessary bureaucracy in the
implementation of the programme
“If this programme is genuinely
executed, a lot of jobs and wealth will be
created ,” she was quoted to have
said.
Meanwhile, reports indicate that China
produces fake rice which is mixed with
plastic for exportation to African
countries including Nigeria.
China has a history of making fake food
items and the fake rice phenomenon has
been there for a while.
A reputable English-language newspaper
in Korea, The Korea Times, reported that
“China famous for having all, making all,
has now been reported to have made
rice out of plastic and has distributed it.”
cc; tjskii , MissyB3

Which rice ? The price of rice at d market now is 4rm 18k to 23k

donk552:
Which rice ? The price of rice at d market now is 4rm 18k to 23k

please read the thread its not too long

k

we No dey chop rice again Na sweet we dey lick

If I hear nah 13k,abeg who knows where I can buy the plastic rice ....

ring7:
If I hear nah 13k,abeg who knows where I can buy the plastic rice ....

you can go to China, its readily available.

Mind you Nigerian rice is sweeter, only if you can buy the one that has been destoned.

Try abakaliki rice and you shall be convinced.

Maybe they were misinformed, it is a 25kg bag of local rice that is 13k.

donvicky2007:
Maybe they were misinformed, it is a 25kg bag of local rice that is 13k.

na na na, 25kg of local rice that is destoned goes for 6500 naira.

Rahym001:


na na na, 25kg of local rice that is destoned goes for 6500 naira.

Which place do you get 25kg bag of rice at 6500 Naira?

donvicky2007:


Which place do you get 25kg bag of rice at 6500 Naira?

its local rice but all the stones has been Removed, location; obudu cross river state

Rahym001:


its local rice but all the stones has been Removed, location; obudu cross river state

How can I get this rice?

Rahym001:


its local rice but all the stones has been Removed, location; obudu cross river state

How can I get the rice in lagos?

payne4real:

How can I get the rice in lagos?

i don't reside close to lagos.

Go to the market ask rice sellers of local rice that is stone free, i believe you would get useful information.

It could even be cheaper