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Buhari s Rice Revolution: Gaate Gold Premium Rice Joins Nigeria s Top Notch Rice

Emameh Gabriel For many involved in agribusiness, the ongoing rice revolution in Nigeria under the President Muhammadu Buhari’s administration is unprecedented. The notion is that never in the history of the country has Nigeria witnessed an agressive approach to rice production; not even in the Olusegun Obasanjo’s military era was Nigeria this committed to be self sufficient in rice production. As at 2020, it was reported that Nigeria produced over 8 million metric tonnes of milled rice in a year, surpassing the outputs of Egypt and other nations on the African continent. Reports by international agencies place Nigeria’s annual rice output at 3.2 million metric tonnes. But this figure was disputed by Rice Farmers Association of Nigeria (RIFAN) This is because farmers in the country has two rice farming seasons. In each season, 4 million metric tonnes of rice is produced. And with 12 million Nigerians involved the process, this figure can’t be disputed.

Food crisis: FG orders release of paddy rice to millers

Speaking during the flag-off of the distribution of 2021 wet season and sale of paddy rice to millers in Bida, Niger State, RIFAN coordinator in the state, Alhaji Idris Usman Jakanta, said the release was meant to reduce and stabillise the ongoing soaring price of rice and other food items in the market. He said the distribution of the 2021 wet season distribution of rice seedlings and other farm inputs to farmers would follow immediately, adding that those who have not refunded their dry season returns won’t benefit from the new one. “Under the directive of the CBN, we have flagged off the sale of paddy rice to millers from the pyramids displayed under recovery from farmers to the rice millers to be able to review downward, the cost of rice in the markets.

CBN to crash price of maize as it releases 50,000 MT to 12 companies

CBN to crash price of maize as it releases 50,000 MT to 12 companies
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