The
National President of Rice Farmers Association of Nigeria, Aminu Goronyo, says a 50kg
bag of rice would be sold at the rate of N6000 in the next few months,.
Goronyo who made this known during a meeting between
rice farmers, processors and the minister of agriculture, Audu Ogbeh, at the
ministry’s headquarters in Abuja, said the anticipated crash in prices is due
to wet season bumper harvest by farmers.
He added that operators have resolved to reduce the price of a
50kg bag of rice, which is currently priced within the range of N15,000 to
N17,000 and N13,000.
He said “This is just the beginning. The actual price will still
come down because we are expecting a bumper harvest this year; we have sat down
with the millers and agreed that we will work together for the interest of
Nigerians,” he said.
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