Price of rice crashes as Nigerians approach festive season

Nigerians can now heave a sigh of relief after reports confirmed that the price of local rice in the country has crashed in some states across the federation. The News Agency of Nigeria (NAN) quotes the Central Bank of Nigeria (CBN) as saying the agricultural initiative ‘Anchor Borrowers Programme’ which the federal government launched recently, is responsible for the drastic change in prices.
Making this remark on Saturday, November 19 in Imo state was Mrs Nkechi Osuji, the head of CBN’s development financing department at a sensitisation workshop attended by local government representatives of small holder farmers, cooperative societies, youths and women groups drawn from the 27 local government areas of Imo. According to her, a 50kg bag of local rice can now be bought for N13,000 in states where the scheme has been embraced. She also added that the more the states that join, the cheaper the products in the market.
The CBN representative also encouraged participants to take the programme seriously as it has the potential of providing over one thousand jobs for unemployed


graduate.

Let there be no ghost farmers and unnecessary bureaucracy in the implementation of the programme in Imo. “If this programme is genuinely executed, a lot of jobs and wealth will be created in Imo,” she was quoted to have said. Meanwhile, reports indicate that China produces fake rice which is mixed with plastic for exportation to African countries including Nigeria. China has a history of making fake food items and the fake rice phenomenon has been there for a while. A reputable English-language newspaper in Korea, The Korea Times, reported that “China famous for having all, making all, has now been reported to have made rice out of plastic and has distributed it.

Comments

Post a Comment

Popular posts from this blog

Update on Total Bellas,

Image
On Wednesday's episode of  Total Bellas , Bryan's doctors informed him that he wouldn't be able to get back into the ring and Brie Bella  explained to  Nikki Bella  that Bryan just needs to "go home" by himself because he needs "alone time." As if retiring from the WWE wasn't enough, Bryan recently lost his dad and Brie now thinks her husband has hit "rock bottom." "I honestly feel that his depression is out of control," Brie said on the episode. Take a look at the recap to see what else Brie had to say about her husband and to see more OMG moments from this episode. E! 1. Nikki Tells Brie "You're Not My Sister Anymore": While driving together, Nikki asks Brie about her "dream home." Brie and Bryan want to build a 2000 square foot house, but Brie's family thinks it should be larger. When Nikki presses Brie to do five bedrooms instead of four, Brie tells her she doesn't "
Read more

Chris Brown And His Baby Mama Drag Themselves On Instagram

Image
Chris Brown posted a story by TMZ on his IG page where he talked about Child services visitng him following the alleged gun incident where a former beauty queen accused him of pointing a gun at her face. Why he attacked his baby Mama Nia Guzman is not known but he attacked her and basically called her a gold digger. She didn't ignore the comments. She came back at him after she disabled comments on her own IG page knowing Chris Brown's fans could attack her on his behalf. Read the rest after the cut... Then he added a comment saying that she was shaped like a wisdom tooth. She continued with the blast.. Then when Baller Alert posted the story, he left this as a comment on their page.. After the back and forth, he took to his IG page and posted a video why he responded. Baby Mama Problems. Use protection guys to avoid this !!!
Read more

First mother and daughter to competit in Miss Bum Bum competition in Brazil with pictures

Image
A mother and daughter that are competing in Brazil's Miss Bumbum competition have disclosed how their obsession to win the coveted prize led to the mother's spouse of six years walking out on them. The 35-year-old Bruna Ferraz, and her daughter Eduarda Morais, 19, both admitted they are desperate to be crowned the country's queen of shapely bottoms. 'It was an easy decision to make. I would never let anything get in the way of realising my dream, and certainly no man,' Bruna told MailOnline. Her daughter on the other hand had this to say; 'Winning means everything to me; it will change my life forever. But I know it means everything to my mum too. Now we're both in the final it will all depend on who's got the most beautiful bottom. I admire my mum's bottom. I hope mine will be as firm as hers when I'm her age,' Eduarda disclosed. Meanwhile, this is the first time a mother and daughter would reach the final of the popular pageant; Miss Bumbu
Read more