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Bag Of Rice May Sell For N40,000 By December – Minister - Politics - Nairaland

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Bag Of Rice May Sell For N40,000 By December – Minister by MrSkyNaija(m): 4:34pm On Sep 11, 2016
Simon Utebor, Yenagoa

The Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, has said that Nigeria spends about $22bn a year on importation of food into the country.

Lokpobiri made this known on Saturday at a town hall meeting in Yenagoa, Bayelsa State.

He said the development had led to the astronomical rise in prices of rice and other commodities, stressing that if Nigerians failed to produce some of the items being imported, before December the price of rice would skyrocket to N40,000.

He said there was a projection that by 2050, Nigeria’s population would be 450 million, wondering what would happen then if the people could not feed themselves now.

Lokpobiri said, “For your information, we spend about $22bn a year importing food into Nigeria. We know how many more dollars they bought and that is why you see the price of rice going up.

“Price of rice was may be N12,000 some months ago, but it is now about N26,000 and if we don’t start producing, by December it could be N40,000.

“Rice matures in three months. So, this is a wake up call for Bayelsa people to take the four farms we have seriously. The federal government has four farms in the state in our records. The average land you see in Bayelsa can grow rice, so the colonial masters were not wrong in their assessment when they said Niger Delta could feed not only Nigerian but also the entire West Africa sub-region.

“Unfortunately, agriculture till today, is not a priority of the Niger Delta as far as the state governments are concerned because of oil.”

He said the states in the Niger Delta had yet to give priority to agriculture the way the North-West states such as Kebbi, Jigawa, Kano as well as other states like Lagos, Ebonyi, Anambra, prioritised it.

He said Anambra State for instance, was not owing salaries despite the fact that it does not have oil but raking in money by merely exporting vegetables.

http://punchng.com/nigeria-spends-22bn-food-importation-minister/

4 Likes

Re: Bag Of Rice May Sell For N40,000 By December – Minister by fromnigeria(m): 4:36pm On Sep 11, 2016
..........
Re: Bag Of Rice May Sell For N40,000 By December – Minister by agwom(m): 4:40pm On Sep 11, 2016
hmm
Re: Bag Of Rice May Sell For N40,000 By December – Minister by whitebeard(m): 4:42pm On Sep 11, 2016
OK all this money where are they headed

1 Like

Re: Bag Of Rice May Sell For N40,000 By December – Minister by Mrsprof(f): 4:59pm On Sep 11, 2016
Very soon people will no longer eat rice in an events like weddings rather you will be served with beans... Lol
Abeg, God no allow am o.

8 Likes

Re: Bag Of Rice May Sell For N40,000 By December – Minister by coolzeal(m): 5:03pm On Sep 11, 2016
Nigerians.....Its finished.

1 Like

Re: Bag Of Rice May Sell For N40,000 By December – Minister by dacuteguy(m): 5:03pm On Sep 11, 2016
Joke right?

3 Likes

Re: Bag Of Rice May Sell For N40,000 By December – Minister by Nobody: 5:04pm On Sep 11, 2016
Useless government of APC

Shameful and embarrassing situation we have found ourselves. What nonsense.

6 Likes 1 Share

Re: Bag Of Rice May Sell For N40,000 By December – Minister by gebest: 5:07pm On Sep 11, 2016
may amadioha strike dat ur mouth rit there, our BP never com down for d 20,000 pa bag u com dey talk of 40,000 again.

9 Likes 1 Share

Re: Bag Of Rice May Sell For N40,000 By December – Minister by Nobody: 5:07pm On Sep 11, 2016
I have to stop buying rice. May God help us.
Re: Bag Of Rice May Sell For N40,000 By December – Minister by greatgod2012(f): 5:12pm On Sep 11, 2016
Mrsprof:
Very soon people will no longer eat rice in an events like weddings rather you will be served with beans... Lol
Abeg, God no allow am o.



Even beans sef don cost!

1 Like

Re: Bag Of Rice May Sell For N40,000 By December – Minister by greatgod2012(f): 5:13pm On Sep 11, 2016
I hope that by then, the poor wouldn't have started eating the rich?
Re: Bag Of Rice May Sell For N40,000 By December – Minister by PassingShot(m): 5:15pm On Sep 11, 2016
Is this man high?

Some people don't just know how to convey their thoughts.
Re: Bag Of Rice May Sell For N40,000 By December – Minister by PassingShot(m): 5:16pm On Sep 11, 2016
Keneking:
Useless government of APC

Shameful and embarrassing situation we have found ourselves. What nonsense.
Did you lose your job?

Sorry, if so.

1 Like

Re: Bag Of Rice May Sell For N40,000 By December – Minister by IVORY2009(m): 5:21pm On Sep 11, 2016
PassingShot:
Did you lose your job?
Sorry, if so.
cheesy grin grin Wat a question!

2 Likes

Re: Bag Of Rice May Sell For N40,000 By December – Minister by Pidggin(f): 5:23pm On Sep 11, 2016
Zombies over to you grin

1 Like

Re: Bag Of Rice May Sell For N40,000 By December – Minister by IVORY2009(m): 5:24pm On Sep 11, 2016
is this the change we have all been waiting 4? This minister seems to be high, I guess, more suffering awaiting millions of Nigerians, if this comes to pass....

1 Like

Re: Bag Of Rice May Sell For N40,000 By December – Minister by PassingShot(m): 5:28pm On Sep 11, 2016
IVORY2009:


cheesy grin grin Wat a question!
The wailing pass that of early wailers nah!
grin

1 Like

Re: Bag Of Rice May Sell For N40,000 By December – Minister by Flexherbal(m): 5:30pm On Sep 11, 2016
We go run commont for Nigeria ooo.
Re: Bag Of Rice May Sell For N40,000 By December – Minister by Yyeske(m): 5:34pm On Sep 11, 2016
Anambra mentioned again, where is Beremx and Abagworo again, this ain't Chino but yyeske, our guy is doing well and haters can go to hell

3 Likes 1 Share

Re: Bag Of Rice May Sell For N40,000 By December – Minister by MrSkyNaija(m): 5:36pm On Sep 11, 2016
Flexherbal:
We go run commont for Nigeria ooo.

run go where?
Re: Bag Of Rice May Sell For N40,000 By December – Minister by greatgod2012(f): 5:45pm On Sep 11, 2016
PassingShot:

Did you lose your job?

Sorry, if so.


You're wicked!

grin shocked undecided lipsrsealed

1 Like

Re: Bag Of Rice May Sell For N40,000 By December – Minister by Eastfield1: 5:46pm On Sep 11, 2016
.
Re: Bag Of Rice May Sell For N40,000 By December – Minister by Thobiy(m): 5:54pm On Sep 11, 2016
this just getting worst
Re: Bag Of Rice May Sell For N40,000 By December – Minister by PassingShot(m): 5:56pm On Sep 11, 2016
greatgod2012:



You're wicked!

grin shocked undecided lipsrsealed
embarassed
Re: Bag Of Rice May Sell For N40,000 By December – Minister by mkoabiola: 5:57pm On Sep 11, 2016
PassingShot:
Is this man high?

Some people don't just know how to convey their thoughts.
Exactly
He is not diplomatic with d msg
Sometimes dey feel they are conveying thier msg to dummy and toddlers

1 Like

Re: Bag Of Rice May Sell For N40,000 By December – Minister by Maxymilliano(m): 6:03pm On Sep 11, 2016
Doomsday apocalypse creating inflation out of stupidity.

Sending wrong signal of hopelessness, depressing the people even further telling them there's no hope for recovery which is the truth shouldn't be pronounced by a minister of the Federal republic.
Re: Bag Of Rice May Sell For N40,000 By December – Minister by emeijeh(m): 6:09pm On Sep 11, 2016
Foolish government

2 Likes

Re: Bag Of Rice May Sell For N40,000 By December – Minister by egopersonified(f): 6:10pm On Sep 11, 2016
What is this one saying? Do you know a riot can break out because of this statement? When will our politicians learn to encourage the people and tell us what they are doing to make a difference, this blame game is not part of our culture, please stop forcing it down our throats. Oga if the work no let you do, resign already. Receive wisdom, amen.
Re: Bag Of Rice May Sell For N40,000 By December – Minister by Abeymills(m): 6:15pm On Sep 11, 2016
What a shame huge shame on dis govt wether zombies likes it or not has nothing gud 2 offer Jehovah elohim will see me n my home tru
Re: Bag Of Rice May Sell For N40,000 By December – Minister by timeman: 6:28pm On Sep 11, 2016
PassingShot:
Is this man high?

Some people don't just know how to convey their thoughts.
You can imagine a minister who very well knows that nigerians take full advantage on speculations. such a statement coming from an authority however cautious he may sound, could cause sellers to go full beserk. Quite frankling, $22b is damn crazy. God punish PDP, they turned Nigeria into a dumping ground
The truth has spoken!

1 Like

Re: Bag Of Rice May Sell For N40,000 By December – Minister by Nobody: 6:31pm On Sep 11, 2016
shocked

Anyway, subsistence farming is sure the way out for now.

God punish pdthieves.

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