The Federal Government has announced that only buyers with National Identification Numbers would benefit as it commenced the sale of 30, 000 metric tonnes of milled rice to Nigerians at a subsidised rate of N40,000 per 50kg bag.
President Bola Tinubu, represented by the Minister of Agriculture and Food Security, Abubakar Kyari, stated during the flag-off ceremony said the move is to curb racketeering, and is part of efforts to crash the prices of food in Nigerian markets.
Kyari said the intervention will be sold strictly “one man to one bag or one woman to one bag”.
According to him, “This food intervention can be said to be timely considering the times and challenges we are in as citizens of this great nation.
As one of the numerous efforts of the present administration to cushion the effect of high cost of food commodities, kindly join me to applaud the immense efforts of the present administration such as the release of 42,000MT of Assorted Food Commodities (AFC) to vulnerable and the 30,000MT of milled rice which is being flagged-off for sales to Nigerians today 5th September, 2024.”
He added that the federal government being aware of the potential challenges associated with the sales of an important staple such as rice, at this critical period has deployed a multi-disciplinary machinery of Government, as well put in place certain processes and conditions to ensure the transparency, wider reach and success of this exercise. [SWIPE]
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