Agriculture
Nigeria to begin rice export soon, RIFAN
Rice Farmers Association of Nigeria (RIFAN) says the country will commence exportation of rice in the near future to engender the twin benefits of food security and economic diversification. Mr Ado Hassan, Secretary of the Kano State chapter of RIFAN, made this known in an interview with the News Agency of Nigeria (NAN) on the sidelines of the unveiling of the mega rice pyramids in Abuja. the pyramid, unveiled by President Muhammadu Buhari, is a joint project between the Central Bank of Nigeria (CBN) under its Anchor Borrowers Programme, and RIFAN.
Hassan dispelled insinuations that the rice pyramids on display were not solely rice, adding that the commodity was brought in by rice farmers in virtually all states of the country. “The rice here is from all over the country. RIFAN has always been real; it is not possible to deceive 200 million Nigerians with a project like this. For the fact that Nigeria has not imported even a grain of rice in the last four years is enough prove that we are already self-sufficient in the commodity. The cultivation of rice is a reality and it will continue to happen,” he said. Hassan said that Nigeria had become the highest rice growing country in Africa due the support of the Federal Government and the intervention of the CBN.

“There was a time when the CBN was spending N1billion to support rice import bills. Today the apex bank is no longer spending a kobo to support importation of rice. Today, Nigeria has become the highest rice grower in the whole of Africa. That is a great achievement. We have leaders of some of our neighbouring countries who are coming here today to see our miracle in rice. They are a sure market for our rice exportation,” he said He added that, though insecurity was a setback, it has not discouraged farmers from cultivating different crops. He assured that the massive investment in rice cultivation by Nigeria will bring down its price and make it available to the ordinary Nigerians.
-
Economy2 days agoNigeria Sovereign Investment Authority announces winners of $275,000 prize for innovation
-
Finance2 days agoAirtel Money reports 25% growth in first-half revenue in maiden results
-
Oil and Gas2 days agoHoneywell Technologies launches new AI platform at Dangote’s Nigeria refinery
-
Economy2 days agoFG targets single-digit inflation by end-2027 to unlock cheaper borrowing— Oyedele
-
News2 days agoEFCC arrests 14 Chinese nationals in Nigeria for operating illegal lithium processing plants
-
Maritime2 days agoNIMASA, ITF signs MOU on Seafarer wellbeing, MoU First in Africa—ITF
-
News20 hours agoNigeria panel says 37 detained miners died from overcrowding and neglect
-
Finance20 hours agoUBA seeks jail term for WEMPCO directors, intensifies N61bn loan recovery drive
