The Rice Farmers Association of Nigeria (RIFAN), has announced that in June 2017, a 50 kilogram of rice bag will sell at N10,000.
Addressing newsmen on the current development in the rice industry, the national president of Rice Farmers Association of Nigeria (RIFAN), Aminu Goronyo revealed that rice farmers now have direct access to fertilizer.
Fertiliser was a very big challenge, but today it has become a history. We have signed MoU where the fertilizer is sold N5, 500 per bag of fertilizer, and is now a government policy. We have more fertilizer in the country and go direct to the hands of the farmers and is everywhere in the country. We have already achieved rice sufficiency in the last two years because all the rice we eat is grown here in the country. With the government through the Nigeria Customs Service on the land borders, including the high exchange rate no importer can go to other countries and import rice for profit. I assure you in the next three months a 50kg bag of rice will come down to N10,000.