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Price of Rice will reduce to N9,000 in 3 weeks – Buhari

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Price of rice to reduce to 9k

President Muhammadu Buhari on Monday announced that the price of rice in Nigeria will crash to N9,000 in about 3 weeks time.

Buhari while speaking through his media aide, Lauretta Onochie on her social media told Nigerians to expect a crash in price of rice.

She instead of paying N25,000 for a bag of foreign rice, Nigerians will be paying N9,000 only and save N16,000 for other needs.

The media aide to the president boasts for the government despite the hike in price of rice and Turkey in Nigeria.

It would be recalled that the Nigerian Custom Service closed the neighbouring boarder few weeks ago on the order of the President Buhari.

She wrote: “Rice addicts like me, should expect a crash in the commodity’s price to about ₦9,000 per 50kg bag in 3 weeks, as rice farmers record a bumper harvest.”

“Instead of paying 25,000 for “Foreign” Nigerian Rice, you will now have extra ₦16,000 towards other needs”.

Since the closure of the boarder, the price of commodities has gone very high and Nigerians are complaining.

Most of the complains are on the low quality of rice produced in the country.

Meanwhile, the Ministry of Agriculture is yet to take the same stance with the President and his aide’s comment.

Nigerians reacts:

“Since Buhari don’t eat Rice guess he does not know the amount of dirt and stones I’ve eaten all in the name of Local Rice”.

“There is room for improvement. Those countries we import from starred from somewhere before getting to their present level”.

“Competition will drive the improvement and overall growth of the industry value chain”.

“It’s all good let’s start with rice, restrictions, I would like to see a cabinet n elites that,’ll wear clothes n shoes locally made drive innoson as official cars and train our children in Nigeria universities n get adequate treatments in our hospitals”.

 

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