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BusinessEventsHot NewsNational

Christmas: Lagos Government Announces New Price To Sell Bag Of Rice

9News Nigeria
Last updated: December 16, 2020 11:09 am
By 9News Nigeria
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2 Min Read
Bags of rice
Bags of rice
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The Lagos State Commissioner for Agriculture, Ms Abisola Olusanya, has on Monday told newsmen in Lagos that about 100,000 50kg bags of rice were being expected for sales at N20,000 per bag.

The Lagos Government in collaboration with Kebbi Government and Central Bank of Nigeria (CBN), has revealed that bags of rice would be sold for N20,000 to residents before Christmas.

The Commissioner for Agriculture, Ms Abisola Olusanya, told newsmen on Monday in Lagos that about 100,000 bags of 50 kg were being expected for sales at N20,000 per bag.

Olusanya said the state government was working very hard with the Kebbi Government and the Federal Government to ensure that people of Lagos have enough rice during the festive season.

Bags of rice
Bags of rice

“We are intervening in the area of availability of rice for the festive season, and it will be sold at N20,000 per bag. “The most important thing is that we have rice available, be it Lake Rice or other brands,” she said.

Olusanya said that the delay in the sale was due to the process of production. Ads “During the festive season, millets have to be polished, mill, and processed before rice will be available.

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Ms Abisola Olusanya
Ms Abisola Olusanya

“It’s not that rice is not available in the market, but the price points are a bit high. “The intervention of the Lagos State Government under the leadership of Governor Babjide Sanwo-Olu, in collaboration with the Federal Government, through CBN and the Governor of Kebbi, is to ensure that we have rice available at lower price points.

“Don’t forget that they are in the harvest season now for paddy, so this is the best time to get good quality rice. “The rice has started arriving as at last week, and we are expecting much more in the next couple of days,” the commissioner said.

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9News Nigeria is Nigeria's favourite news source. For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more. For Latest News from Africa and around the world, 9News Nigeria is your best source. WhatsApp +2348115805632 Email: [email protected] Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng
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