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    Chronicle NG

    FG to crash rice prices before Christmas

    Chronicle EditorBy Chronicle EditorNovember 4, 2019No Comments3 Mins Read
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    Nigerian govt releases 20 trucks of rice to citizens over food shortage
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    The National Food Security Council (NFSC), chaired by President Muhammadu Buhari, will make rice available before the Christmas festivity.

    The Deputy Chairman of the Council, Governor Atiku Bagudu of Kebbi, stated this in an interview with NAN in Makkah, Saudi Arabia.

    He stated that the Council was aware of the current high prices of rice, assuring Nigerians that rice would be made available at a cheaper rate.

    According to the governor, government is also aware of the activities of some individuals and groups bent on frustrating the new rice policy.

    “The good news is that there is a lot of production in the country. All the Millers in Nigeria have enough paddy and farmers are producing and the harvest is coming in strong.

    “We believe in addition to market forces, there are some people bent on manipulating the situation in order to exploit bigger revenue, bigger profits and some may even be doing so for the wrong reason.

    ”They want to truncate policy which is helping the Nigerian economy; which is helping Nigerian millers; which is helping the Nigerian farmers and the Nigerian population.

    “We are taking steps to ensure that more rice is taken to markets where shortages can easily be created.

    “There is enough production in the country and the National Food Security Council is focused on how to ensure that availability is restored all across the country so that prices will come down reflective of the cost of production,’’ he said.

    On the reported loss of about N1 billion by Onion farmers in Kebbi State, Bagudu said government would always respond to farmers’ predicaments promptly.

    The governor, however, said that the assessment of the total loss by the farmers had not been completed by relevant agencies.

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    He disclosed that the federal government had approved N23 billion for distribution to States affected by flood disaster this year.

    “We have always responded to farmers’ issues or any trade group that has a misfortune, both the State and the Federal Government has been very active in helping.

    “You may recall that recently, Mr President approved about N23 billion for states affected by flood which Kebbi is one of them, and this is in addition to our own resources that we mobilise to support our farmers.

    “This year’s rainy season is unusual, as of last week there was rain and it’s unusual.

    ”For the onion farmers they have calculated that the rain will stop by September because when onion is growing there is a point at which it does not desire rainfall, now we have rainfall.

    “I’m not sure of the N1 billion lost in terms of quantum because we have not done the assessment but we are always willing and ready to support all our producers especially when they are faced with unforeseen circumstances like this,’’ he said.

    NAN reports that Bagudu was on the entourage of Buhari’s official visit to Saudi Arabia which ended on Saturday.

    Others governors on the president’s entourage included Prof. Babagana Zulum of Borno and Aminu Masari of Katsina.

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    Teachers and civil society groups protest in Ibadan, demanding the rescue of abducted pupils and teachers from schools in Oriire LGA, Oyo State.

    Oyo teachers, CSOs protest over abduction of 45 pupils, teachers

    May 30, 2026
    Jonathan: Thugs fly first class while professors struggle to travel economy

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    Real Madrid named most valuable football club

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    Banditry, school kidnappings undermine Nigeria’s Safe School Initiative

    May 30, 2026
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