Rice production hits nine million MT in 2021 – Emefiele - Punch Newspapers

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Emefiel, Rice Production

1/19/2022 6:05:00 AM

Rice production hits nine million MT in 2021 – Emefiel e - Punch Newspapers

The most widely read newspaper in Nigeria

19 January 2022The Governor of the Central Bank of Nigeria, Godwin Emefiele, on Tuesday disclosed that rice production in the country rose to nine million metric tonnes in 2021 from about 5.4m MT in 2015.Emefiele, who disclosed this at the unveiling of 13 rice pyramids in Abuja by the President, Major General, Muhammadu Buhari (retd.), attributed the increase in production to interventions in the agricultural sector by the Federal Government.

According to him, one of such interventions is the CBN Anchors Borrower’s Programme which has built a sustainable framework for financing smallholder farmers in Nigeria.He added that the programme had also helped to reduce Nigeria’s import bill from countries like Thailand.

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Beautiful but pls something has to be done about the price🤔🤔 Barred glasses mustache it tells he is a pure liar I like u jaree u dey follow follow them Lie Audio 9m metric tons. When it was 1m metric tons, Nigerians were buying bag of rice for 8500. This CBN man is deceptive How much is rice in d market ? Normal economics d price should b falling but it remains at its highest. 🇳🇬 economy is d reverse. We stop exporting gas to satisfy domestic mkt but govt is borrowing to fund budget. APC claims is progress. We will borrow sense las las as hunger 🌧

Where is the RICE!! It should be in the markets and NOT in the, or as a, pyramid, please. Rice productionn hits this and that without a refelction on people's lives. All this propaganda needs to stop Central Rice Governor, (CRG), Godwin Emefiele. Yet, I bought a bag of rice on the last quarter of 2021 for over 30,000 naira! NigeriaGov under MBuhari regime's voodoo economics With this scam government, the more you look.....

Emefiele: Through anchor borrowers' programme, Nigeria's rice mills increased from six to 50 | TheCableGodwin Emefiel e, governor of CBN, says the anchor borrowers' programme (ABP) increased rice milling plants from 6 to 50 in the last six years

But rice is still expensive Maybe that is why we are buying it for 2k per bag now. Ishi. How is that possible, because Rice price is still very high, and unavoidable for the poor masses, you guys should stop lying. At how much per bag to the final consumer sir? Fools I think these people wake up in the morning an call a meeting to discuss 'How they can lie to us that Nigeria is moving forward'

Rice production x 2 Poverty x 20 Stop boboing the mass After an investment of N1trilion we only doubled the production from 5.4 -9MT ? cenbank If you correlate this with the price of a bag of rice in 2015 and now can you honestly check the impact of the your work You can't celebrate production if it hasn't reached the final consumer. It's foolishness to do that. It also has no effect on the price and you are celebrating? Economist isobu

What statistics are you using voodoo economist?

Farmers group says price of rice to fall as Buhari launches pyramidsThe rice pyramids were built with one million bags of rice paddy planted and harvested from states across the country. Sai Buhari... 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!!!

Rice wa dem collect from people. Can't trust a thing from this government. Dey r good in scamming people with lies. How much is now a bag of rice in Nigeria since we are now producing 9M MT? Oga u are not there for the masses but for ur pocket and family even ur community pple are hungry n u are there wearing big eye googles to ready and write nonsense.

Lies from the pit of hell I see no reason Nigeria is producing rice the the price is still competing with foreign own We will believe this when it reflects on the market price. Wayo government! Yahoo yahoo people Yet we can't buy it in the markets at affordable prices How much is a bag of rice? The fuck are these people talking about? 1bag of rice still equals 25k or more. We don't care how much rice is produced if it's not cheaper and accessible to the people 🤬

Nigeria to start rice exportation soon, says RIFANPresident Buhari is unveiling rice pyramids in Abuja. Malamjesus We no even rice chop they wan export rice. Wetin we no go see for this 9ja Exporting it Iswap or Boko Haram?

Hmmm..yet severe HUNger still ravages the land. propaganda Meffy The Scam And Is very expensive shm

Buhari Unveils Abuja's Rice Pyramids, Says Nigeria Becoming Self-sufficient In Food ProductionPresident Muhammadu Buhari has said the commissioning of rice pyramids in Abuja was an indication that Nigeria is making steady and assured progress Wow congratulations hope it translates to crashing of price of rice in the market Breaking news this is to inform the general public that individual can now buy dangote cement directly from the factory at At A (PROMO PRICE) of 3000 Naira per bag and Rice for 29,000 naira per bag. call the marketing manager Mrs Aruna Grace on (07049680896) or (whatsapp) Proud of you buhari

CBN Gov Lauds Farmers Over Unveiling Of Mega Rice Pyramid The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiel e, has lauded the courage and resilience of the smallholder farmers for achieving the “single largest rice pyramid ever assembled in Nigeria’s history.” Emefiel e said this on Tuesday during the unveiling of bags of rice paddy numbering one million stacked as pyramids in Abuja, … Continue reading CBN Gov Lauds Farmers Over Unveiling Of Mega Rice Pyramid Stone rice 😔 What is the implementation of the pyramid of a thing

Photos: The CBN/RIFAN Rice Pyramids Unveiled By President BuhariPresident Muhammadu Buhari was present at the grounds of the Abuja Chamber of Commerce and Industries (ACCI) in the nation’s capital on Tuesday, to unveil bags of rice paddy numbering one million stacked as pyramids. The one million rice paddy stacked in 15 separate pyramids is an initiative by the Central Bank of Nigeria … Continue reading Photos: The CBN/RIFAN Rice Pyramids Unveiled By President Buhari And yet rice is still very much expensive... Which way naija Poverty minded government. Driving poverty into the core of it's indigenes. No law to hold them accountable, as the Constitution frees them of their crimes both in office and after office. 2023Elections votersID will this pyramid make bag of rice to come back to 8k which APC met it in 2015 if no launching pyramid is a waste of time

Published 19 January 2022 The Governor of the Central Bank of Nigeria, Godwin Emefiele, on Tuesday disclosed that rice production in the country rose to nine million metric tonnes in 2021 from about 5.4m MT in 2015. Emefiele, who disclosed this at the unveiling of 13 rice pyramids in Abuja by the President, Major General, Muhammadu Buhari (retd.), attributed the increase in production to interventions in the agricultural sector by the Federal Government. According to him, one of such interventions is the CBN Anchors Borrower’s Programme which has built a sustainable framework for financing smallholder farmers in Nigeria. He added that the programme had also helped to reduce Nigeria’s import bill from countries like Thailand. Emefiele said, “The Anchor Borrowers’ Programme has catalysed the rural economy and has built a sustainable framework for financing smallholder farmers in Nigeria. “For example, Thailand alone exported 1.3 million metric tons of rice to Nigeria in 2014. The ABP was launched in 2015 to curtail these imports, and since then, we have seen incremental reductions in rice imports from Thailand. “By 2016, rice imports from Thailand had fallen to only 58,000 metric tons. As of the end of 2021, they only exported 2,160 metric tons to Nigeria, thereby saving us foreign exchange and helping preserve jobs in Nigeria. Read Also