Brace up Nigerians, bag of rice to be sold for N40, 000 by December – Minister

The Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, has warned Nigerians of the possibility of buying a bag of rice for N40,000 by December.

Lokpobiri made this known on Saturday at a town hall meeting in Yenagoa, Bayelsa State, also stating that Nigeria spends about $22bn a year on importation of food.

He said the huge amount spent on food importation was having an adverse effect on the prices of commodities, rice inclusive, stating that unless we begin rice production prices would soar to N40,000 from its current N26,000.

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

“Price of rice was 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 Nigeria but 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 called on states in the Niger Delta 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, have prioritised it.

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

One comment

  1. Mr imagine

    Like finally we are saying bye bye to Rice!!!!!

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