Farmers group says price of rice to fall as Buhari launches pyramids

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The rice pyramids were built with one million bags of rice paddy planted and harvested from states across the country.

The Rice Farmers Association of Nigeria says plans have been concluded to launch the one million bags of rice paddy stacked as pyramids in Abuja on Tuesday.

The rice pyramids were built with one million bags of rice paddy planted and harvested from states across the country under the CBN Anchor Borrowers’ Programme. “Although, we cannot talk of price in isolation as far as prices all over the world is concerned because all over the world prices of food have gone up.

“We have over one million bags of paddy rice which was collected from the beneficiaries of the ABP under the business strategy partnership. “The Federal Government has taken a very critical decision which is to put protection mechanisms on the local producers of rice and the ban on importation of rice.

 

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Did you ever see Indonesia, Cambodia, etc doing nonsense like this? Just comedians in this country. Political propaganda jare. All we need to see is a reflection in the market, shikenan. Noise,noise & just noise, that's our trade mark!!!

Sai Buhari...

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