Vanguard News
Local Rice: Hoarders sabotaging price affordability stakeholders
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By Jimoh Babatunde & Gabriel Ewepu
John Osagie, a driver with a blue chip company in Lagos, was in a jubilative mood when he learnt that President Muhammed Buhari has approved the immediate reopening of four of the nation’s major land borders.
His joy is based on the fact that the price of rice will come down as he claimed that the price of local rice is going beyond the reach of the average Nigerian.
Unknown to him and others who are jubilating that the borders have been reopened is that the ban on the importation of rice, poultry and others was not lifted.