Price of Rice crashes to N8,000 in Ebonyi State

The cheering news was reported by spokesman of Central Bank of Nigeria, Isaac Okoroafor, Acting Director, Corporate Communication, CBN in Yenagoa, Bayelsa state on Tuesday at a sensitization workshop for the CBN Anchor programme for farmers.

“We should eat Nigerian rice provided for by the CBN Anchor Programme;   50 Kg of local rice is now N8, 000 in Ebonyi. Already, the Abia Government has ordered rice from Ebonyi for Christmas,”.

According to him, farmers in Kebbi, Jigawa, Ebonyi, Sokoto and Cross River states, among others, have already keyed into the programme, resulting in massive rice cultivation, he also said that the Anchor Borrowers Programme   for the promotion of Agriculture will make the country  begin exportation of rice by 2017. The development is encouraging and by the end of 2017, we will not only meet our national demand which is between six and seven million tons but have surplus to export.

“We must rid ourselves of eating foreign rice that has been stored for over nine years in Thailand, Vietnam and India. Nigerian rice is fresh and healthier. He further said: “What we have done with this programme so far is to create jobs through farming, especially for the unemployed youths. “Nigerian youths must wake up, dust themselves up and join this worthy campaign."

Okorafor stated that Kebbi State had already harvested one million tons of rice, adding that Ebonyi’s harvest had outstripped the  production target for the year.