RICE Archives - Voice of Liberty NG

“Civil servants buy 50kg rice at N40,000, resell at N85,000” � Rewane

August 10, 2024August 10, 2024 Aminu Imam

A popular economist and the Executive Director of Financial Derivatives, Bismarck Rewane, has alleged that some civil servants bought 50kg bags of rice at N40,000 and resold it at N85,000. Rewane disclosed this during an interview on a television programme on Thursday. According to him, the price of rice which he described as a �Parallel market� increased by 3.62 percent to N85,000 from N83,000 despite the government�s subsidized price of N40,000. �Our team went into the market Yesterday(Wednesday),� The price of rice coincidentally went up by 3.62 percent to N85,000.…

FG halts sale of subsidized rice at N40,000 to civil servants�

August 9, 2024August 9, 2024 Aminu Imam

The Federal Government has withdrawn the sale of subsidised 50 kilogramme bags of rice for N40,000 to public servants. No reason was given for the sudden change of action. Recall that the sale of the subsidised rice was announced on August 1, through the Ministry of Special Duties and Inter-Governmental Affairs Human Resources Management department. The announcement was aimed at cushioning the effect of the national protests which commenced August 1, 2024. No reasons was however given for the stoppage of the sale of the rice An issued statement, titled:…

‘Why FG hasn�t announced centres for sale of rice’ � Minister

August 1, 2024August 1, 2024 Aminu Imam

Minister of Information and National Orientation, Mohammed Idris, has said that although the bags of rice to be sold by the Federal Government for N40,000 were available, sale centres cannot be announced, for fear of being hijacked and hoarded by “people who have money’. The Minister stated this while fielding questions from newsmen, following a press briefing at the Radio House in Abuja, yesterday. Recall that the Federal Government, through the Minister on Monday, said it had created centres across the country where Nigerians could purchase 50kg bags of rice…

Tinubu Palliative: Anxiety, as 740 trucks of rice fail to arrive most States – Survey

July 22, 2024July 22, 2024 Aminu Imam

Only a few States appear to have received the 20 trucks of rice palliative earmarked for each of the 36 States by the Federal Government, and the issue is causing anxiety among Nigerians. A survey at the weekend shows no northern State, apart from Kano, had received the consignment of rice, while in the South-West, only Oyo claimed that the trucks had arrived. In the South-South, Akwa�Ibom, Rivers, and Bayelsa States� officials confirmed receiving the latest palliative while others said they had not arrived. Delta State government said the rice…

�Renewed Hope� rice vessels set to berth at Nigerian seaports

April 6, 2024April 6, 2024 Aminu Imam

…As 57,000 MT of corn floods Lagos, Rivers seaports There are strong indications that vessels laden with corn are gradually sailing to the nation�s seaports checks by�VoL�has confirmed. It was gathered that vessels laden with the commodities have berthed at ENL terminals , Lagos Port Complex (LPC) and West Africa Container Terminals (WACT) , Onne Port, in Rivers State. With a total of tonnage of 75,000 corn currently being discharged at the two port terminals, there is palpable confirmation of price reduction in the local markets. Apart from the vessels…

FalGates Assures Nigerian Consumers of Superior Quality Rice

October 19, 2023October 19, 2023 Aminu Imam

Aminu Imam Rice is no doubt one of the most popular staples in Nigeria, and there is almost no home in the country where it is not consumed. Kaduna-based Rice processing company, FalGates Nigeria Limited producers of FalRice has reiterated its commitment towards producing a quality rice across the country to complement the Federal Government’s efforts towards boosting rice production in the country. The company also vowed to make rice available at all times, adding that the product always passed through different quality assurance analyses before being released for consumption…

FG raises tariff for rice to 60%, wheat 70%

April 28, 2023April 28, 2023 Aminu Imam

The Federal Government, yesterday, raised tariffs on importation of rice in packing of more than 5kg, or in bulk; and in packing of 5kg or less to 60 percent, from 50 percent. Finance minister, Zainab Ahmed, who stated this in a document, titled �Revised Import Adjustment Tax (IAT) for Implementation of ECOW CET (2022-2026), 2023 fiscal policy measures“, also stated that importation of wheat or meslin flour now attracts 70 percent tariffs as against the 50 in 2022-2026 ECOWAS CET. According to video,�This is to confirm that his excellency Mr.…

MURIC raises alarm on hoarding of rice, fingers CAN

October 31, 2022October 31, 2022 Aminu Imam

The Muslim Rights Concern (MURIC) has called on the relevant authorities to critically look into the unwholesome attitude of some people suspected to be members of the Christian Association of Nigeria (CAN), over massive purchases and hoarding of paddy rice across the country. The Muslim body raised the alarm in a statement signed by the Chairman, Muslim Rights Concern (MURIC), Kano State Chapter, Hassan Sani Indabawa, on Friday. The statement read in part:�Series of investigations conducted by MURIC has revealed a disturbing trend of massive purchase of paddy rice across…

“CBN’s policies have turned Nigeria from rice-importing to rice-exporting country” � Emefiele

August 28, 2022August 28, 2022 Aminu Imam

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the apex bank under his watch has now become an exporter of rice following the impacts of its several policies, particularly its Anchor Borrowers Programme, (ABP), adding that it was working to boost the industrial capacity of the country. Emefiele, who disclosed this while speaking at a seminar for Finance Correspondents and Business Editors, with the theme: �Policy Options for Economic Diversification: Thinking Outside the Crude Oil Box�, yesterday, noted that the CBN has taken major leaps…

“We discovered lead in imported rice� � Customs Unit

May 7, 2022May 7, 2022 Aminu Imam

�Cautions against consumption The federal operations unit (FOU) Zone-A of the Nigeria Customs Service, (NCS), has cautioned the consumption of imported rice following the discovery of toxic contents in the commodity. The alarm was raised on Thursday by the Acting Controller of the unit, Hussein Ejibunu, at a media conference in Lagos. He said it was discovered that some imported rice were unhealthy for human consumption after a laboratory test was conducted by the National Agency for Food and Drug Administration and Control, (NAFDAC), on some seized rice. Ejibunu said…