Prices of rice and food items is set to crash in Nigeria – Audu Ogbeh


The minister of agriculture and rural development Audu Ogbeh while speaking in Ado Ekiti, Ekiti state over weekend said the price of rice would drop significantly within the next two weeks.

Ogbeh said the ministry plans to supply Afe Babalola University, Ado-Ekiti (ABUAD) with 20 tons of rice seedlings in the next planting season.

He said the effort will help boost rice production in Nigeria as the President Muhammadu Buhari-led administration plans to end the importation of rice this year.

Ogbeh further noted that Nigeria's domestic rice production capacity should sustain and meet foreign demand of rice supply.

Meanwhile Ogbeh has revealed that the exportation of cashew will hep increase the nation's foreign exchange revenue.

The minister also said Nigeria will begin the exportation of 72 tonnes of yams to various countries.

The Bishop of Akure Diocese of the Church of Anglican Communion Simeon Borokini have also called on Nigerian government to focus more on Agriculture.

Borokini said the nation can also focus on exploitation of solid mineral to save it from recession.

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