The National President, Rice Farmers Association of Nigeria (RIFAN) Mallam Aminu Goronyo on Wednesday said the farmers would crash the price of 50kg of rice to about N6000 if the government provide the necessary farm inputs to reduce the cost of production.

Mallam Goronyo who disclosed this after a meeting between the RIFA, Rice Processors and the Minister of Agriculture and Rural Development, noted that in few months’ time, if appropriate measures were taken by the government to ease the stress of rice production, the price of rice will crash in the market.

Currently, the price of 50kg bag of rice is sold for N18,000 across the country, but after a meeting between the RIFAN and Rice Processors, they agreed to reduce the price of rice paddy which was N50,000, to N110,000 per ton, this move will further crash the price of rice from N16,000 to N13,500 per bag...Read more here http://www.nairaface.com/Good-News-Farmers-To-Crash-Price-Of-Rice-To-N6000-Per-Bag/

THATS GOOD, BUT I TRUST NIGER STATE IT WILL STILL BE THAT OLD PRICE. GOD WILL HELP US WITH THE FARMERS IN NIGER STATE

JayTommy:
THATS GOOD, BUT I TRUST NIGER STATE IT WILL STILL BE THAT OLD PRICE. GOD WILL HELP US WITH THE FARMERS IN NIGER STATE

lol...Amen o