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Rice To Hit ₦‎50,000 Per Bag As Floods Ravage Farms

Nigerians may have to brace themselves for a surge in the price of a 50kg bag of locally parboiled rice to as high as N50,000 before December on the back of the floods in many states, traders and distributors of the commodity have said. Flood incidents in Africa’s biggest economy that have destroyed 70,566 hectares… ....

Olam Agri , Ronke Adewale , Adewale Adegbenro , Mohammed Abubakar , Rice Processors Association Of Nigeria , Ministry Of Humanitarian Affairs , Agricultural Organisation , National Bureau Of Statistics , Ministry Of Agriculture , United States Department Of Agriculture , Humanitarian Affairs , National Bureau , Daleko Market , Rice Processors Association , Ade Adefeko , United States Department ,