Connect with us

News

FG extends rice subsidy programme to states

Published

on

The Federal Government is expanding its subsidised rice programme to alleviate food insecurity in Nigeria, with sales set to launch in Lagos, Kano, and Borno states, a director at the Federal Ministry of Agriculture and Food Security stated on Monday.

Early in September, the Minister of Agriculture and Food Security, Abubakar Kyari, announced the launch of the N40,000 per 50kg subsidised rice in Abuja, stating that the initiative was part of a broader strategy to ensure that no Nigerian goes to bed hungry.

He said the subsidised rice programme aims to provide relief to citizens amid soaring market prices. The current market price of a 50kg bag of rice is about N90,000. It is close to N100,000 in some other locations.

The Federal Government is providing 30,000 metric tonnes of rice through the subsidised rice programme. This translates to approximately 1,000 trucks, each carrying 600 bags.

Advertisement

“As I speak with you now, we are going to activate Lagos and Kano states for the sales any moment from now. Borno State is also going to be addressed,” the agriculture ministry official, who spoke to our correspondent in confidence due to lack of authorisation to speak on the matter, stated on Monday.

Reacting to the recent claim that the rice sales in the Federal Capital Territory had been halted, the official said, “We have not even gone anywhere; how can we stop? The sales are ongoing, and we are actively engaging with other states.”

Another official at the ministry said civil servants in Abuja, particularly around the federal ministries have been benefiting from the sales of the subsidised rice.

The official, however, stated that there had been challenges with coordination and public cooperation at the National Agricultural Insurance Corporation centre where the rice was being sold.

Advertisement

“We opened the NAIC centre to see the cooperation of the public, but they proved very difficult to control,” the official explained.

The source added that individuals blocked entry and refused to follow sales protocols, complicating the process.

“Some persons came to sabotage the process to buy and take to the market, which frustrates the essence of the rice subsidy,” the official added.

Despite these challenges, the official remained optimistic about the programme’s impact, stating, “We are focused on ensuring that low-income earners, who are the direct beneficiaries, can access this vital resource.

Advertisement

“The government is committed to a smooth rollout in the aforementioned states, aiming to activate sales any moment from now.”

The source said the expansion is part of the government’s ongoing efforts to tackle food scarcity and support vulnerable populations nationwide, ensuring that essential staples are accessible and affordable for all Nigerians.

Nigerians have been grappling with increased hunger as food prices have skyrocketed, compounded by the naira’s declining strength, which affects citizens’ purchasing power.

According to the National Bureau of Statistics, the food inflation rate in August 2024 was 37.52 per cent year-on-year, up 8.18 percentage points from August 2023’s rate of 29.34 per cent.

Advertisement

Additionally, FMDQ Securities Exchange Limited reported on September 27, 2024, that the NAFEM closing rate was N1540.78/$, while it sold for over N1700/$ in some black markets in Abuja.

Meanwhile, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, speaking at a press conference in Abuja to mark the country’s 64th Independence Day, declared that the era of heavy food importation must end, positioning this shift as a cornerstone of the government’s economic recovery plan.

“We should not be importing food,” Edun stated, emphasising that Nigeria’s future lies in self-sufficiency. “It is critical that we do not disrupt domestic food production. We mustn’t flood the market with imports,” he warned.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Verbatim Magazine Honours Prof Nnamchi For Legislative Excellence, Quality Leadership

Published

on

By

Hon. Professor Paul Sunday Nnamchi, was among the twenty eminent Nigerians including seating governors of four states who were honoured by the Verbatim Magazine at the Late General Yaradua Centre recently.

He was recognized by the investigative journal for excellence and quality leadership in legislative performance for year 2024 based on his contributions in the plenary of the House of Representatives, the number of Bills and motions he has sponsored so far.

Professor Nnamchi was last year rated the most performing legislator from the southeast by the authoritative organ of the National Assembly, “The Order Paper” which evaluates the work rates of the legislators annually.

As at the end of March, 2025, the lawmaker who represents Enugu East/Isi Uzo Federal Constituency in the 10th House of Representatives has sponsored thirty-six Bills and over twenty impactful motions in the House. Over twenty of the Bills have passed second reading.

Advertisement

Speaking at the well attended Verbatim 13Th Anniversary Lecture delivered by the Executive Governor of Nasarawa State, Engineer Abdullahi Sule, the magazine Editor, Mr Tobs Agbaegbu, affirmed that the awardees were carefully selected through in-depth evaluation and investigation by its team of editors.

He stressed that the magazine has established itself as a leader in investigative journalism and as such would not be associated with questionable awards that lack merits.

The award recipients cut across private and public sectors’ practitioners, governors, legislators, military officers and journalists all of whom had distinguished themselves in leadership as Trail Blazers in their chosen careers.

Advertisement
Continue Reading

News

Just in: Presidency Insists INEC Chairman, Yakubu Not Sacked

Published

on

By Kayode Sanni-Arewa

The presidency has debunked reports that the INEC Chairman, Mahmood Yakubu has been replaced, describing it as ‘fake news.’

“Disregard any fake news making the rounds about the replacement of the INEC Chairman.

“Any such announcement will come from the SGF’s office or the any other official source.” – O’tega Ogra, Senior Special Adviser to President Bola Ahmed Tinubu on Digital Media and New Media.

Advertisement
Continue Reading

News

Just in: Saudi Arabia Suspends Visa Issuance to Nigeria, 13 Other Countries

Published

on

By Kayode Sanni-Arewa

Umrah, business, and family visit visas for citizens of 14 countries, including Nigeria, Egypt, and India, as part of preparations for the upcoming Hajj season.

Officials speaking to ARY News said, “The suspension of Umrah, business, and family visit visas is aimed at preventing unregistered individuals from attempting to perform the pilgrimage.”

The move comes amid concerns over the rising number of pilgrims attempting to join Hajj without official permits. In recent years, many visitors have overstayed their visas, contributing to overcrowding and serious safety risks.

Advertisement

Authorities also expressed concern over the misuse of business or family visit visas by individuals who enter the Kingdom and work illegally, a violation that “disrupts the labour market and breaches visa conditions.”

The Saudi foreign ministry stated that the new measures were implemented “to streamline travel procedures and enhance safety during Hajj.

It added, “Individuals found to be staying in the Kingdom illegally may face a five-year entry ban.”

The countries affected by the ban are India, Pakistan, Bangladesh, Egypt, Indonesia, Iraq, Nigeria, Jordan, Algeria, Sudan, Ethiopia, Tunisia, Yemen, and Morocco.

Advertisement
Continue Reading

Trending

Copyright © 2024 Naija Blitz News