Close Menu
Chronicle NG
    Trending Stories
    Controversial Nigerian content creator DJ Chicken has been released from detention after meeting his bail conditions.

    DJ Chicken released from detention after threatening to kill Tinubu

    July 21, 2026
    General Christopher Musa (retd), threatened on Tuesday to take legal action against individuals behind rumours of his resignation.

    Musa promises to sue over resignation claims after meeting Tinubu

    July 21, 2026
    The bodies of two unidentified females were discovered behind the council headquarters in Plateau State's Jos South LGA on Monday.

    Plateau women block highway over discovery of two corpses

    July 21, 2026
    Facebook X (Twitter) Instagram
    Trending
    • DJ Chicken released from detention after threatening to kill Tinubu
    • Musa promises to sue over resignation claims after meeting Tinubu
    • Plateau women block highway over discovery of two corpses
    • UN raises alarm over terrorists’ use of drones, crypto to boost operations
    • INEC begins 2026 recruitment
    • Zinedine Zidane becomes new France coach
    • REVEALED: Abacha died of cardiac arrest during intercourse – Ex-DSS operative
    • Atiku: Nigeria must stop importing poverty, focus on local production
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Tuesday, July 21
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Nigeria begins rice exportation in 2017

    Chronicle EditorBy Chronicle EditorNovember 30, 2016No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Facebook Twitter WhatsApp
    Godwin Emefiele, CBN Governor
    Godwin Emefiele, CBN Governor

    The Central Bank of Nigeria, (CBN) on Tuesday said it’s Anchor Borrowers Programme for the promotion of Agriculture had set the country to begin exportation of rice by 2017.

    NAN reports that the Anchor Borrowers Programme of the CBN and the Presidential Committee on Rice Production launched in July had jointly set the target.

    The acting Director of Corporate Communications of the apex bank, Mr Isaac Okorafor, said this in Yenagoa at a sensitisation workshop for farmers.

    The theme of the workshop is entitled: “Promoting Stability and Economic Development’’.

    According to him, farmers in Kebbi, Jigawa, Ebonyi, Sokoto and Cross River states, among others, have already keyed into the programme, resulting in massive rice cultivation.

    He said the country would achieve self-sustenance in rice production if the momentum was sustained, adding that the country should commence exportation of locally produced rice by 2017.

    Okorafor said Kebbi State had already harvested one million tons of rice, adding that Ebonyi’s harvest had outstripped the earmarked production for the year.

    “The development is encouraging and by the end of 2017, we will not only meet our national demand which is between six and seven million tons but have surplus to export.

    “We must rid ourselves of eating foreign rice that has been stored for over nine years in Thailand, Vietnam and India. Nigerian rice is fresh and healthier.

    “We should eat Nigerian rice provided for by the CBN Anchor Programme; 50 Kg of local rice is now N8, 000 in Ebonyi. Already, the Abia Government has ordered rice from Ebonyi for Christmas,’’ he said.

    He further said: “What we have done with this programme so far is to create jobs through farming, especially for the unemployed youths.

    “Nigerian youths must wake up, dust themselves up and join this worthy campaign.

    “Remember that the status of our farmers is now better due to the support they are receiving as a result of government’s policy.

    “Our currency is weak because we engaged in needless importation of all kinds of food stuffs, including tooth picks; the government is determined to stop this.’’

    The Branch Controller, CBN, Yenagoa, Mr. Oke Nwajah, said the state was blessed with rich wet soil that supported rice cultivation.

    He therefore, urged the farmers to take pride in farming, adding that the Anchor Borrowers Programme was an intervention to reduce their burden.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Atiku Abubakar speaking on Nigeria's economic recovery through local production and manufacturing.

    Atiku: Nigeria must stop importing poverty, focus on local production

    PFIPC Scandal: How CBN opened domiciliary accounts for fake agency

    PFIPC Scandal: How CBN opened domiciliary accounts for fake agency

    HoS admits verification failure in PFIPC controversy as Reps probe N1.3bn allocation

    PFIPC office belonged to OSGF, not council, says Head of Service

    Former WRPC Managing Director Jimoh Yisawu appearing before the Federal High Court in Abuja over alleged money laundering charges filed by the EFCC.

    Court grants ex-Warri refinery MD Yisawu N500m bail in EFCC money laundering case

    NRS Chairman Zacch Adedeji announces July 31 deadline for mandatory e-invoicing compliance by large taxpayers in Nigeria.

    NRS sets July 31 deadline for large companies to comply with e-invoicing

    President Bola Tinubu has enacted an executive order that creates a unified regulatory structure for virtual assets in the nation.

    Tinubu signs cryptocurrency, virtual assets regulation order

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Controversial Nigerian content creator DJ Chicken has been released from detention after meeting his bail conditions.

    DJ Chicken released from detention after threatening to kill Tinubu

    July 21, 2026
    General Christopher Musa (retd), threatened on Tuesday to take legal action against individuals behind rumours of his resignation.

    Musa promises to sue over resignation claims after meeting Tinubu

    July 21, 2026
    The bodies of two unidentified females were discovered behind the council headquarters in Plateau State's Jos South LGA on Monday.

    Plateau women block highway over discovery of two corpses

    July 21, 2026
    Leonardo Simão briefs the UN Security Council on the growing use of drones and cryptocurrencies by terrorist groups in northern Nigeria and the Sahel.

    UN raises alarm over terrorists’ use of drones, crypto to boost operations

    July 21, 2026
    INEC chairman Joash Amupitan will keynote the launch of a new book examining Nigeria’s democratic journey and 2027 reforms.

    INEC begins 2026 recruitment

    July 21, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.