Nigeria Rice Farmers Resolve To Slash Price of Locally Produced Rice

“Let everybody know that the price of rice for this Christmas will be good enough for us to eat rice, chicken and fish" Ogbe Says


Rice farmers in Nigeria have announced measures that could reduce the price of locally produced rice across board.

Image result for picture of Aminu Goronyo,
Aminu Goronyo, National President, Rice Farmers Association of Nigeria (RIFAN)

Aminu Goronyo, National President, Rice Farmers Association of Nigeria (RIFAN), says the price will be reduce from N18,000 per 50kg to N6,000 within the next few months

Goronyo made this known during a meeting between rice farmers, rice processors (RIPAN) and the minister of agriculture, Chief Audu Ogbeh, at the ministry’s headquarters in Abuja

According to him, the anticipated crash in prices is due to wet season bumper harvest by rice farmers

price of rice to drop in the market

He adds that operators have resolved to reduce the price of a 50kg bag of rice, which currently range between N15,000- N17,000 down to between N13, 000-N13, 500

The National president further says the price would further crash to N6,000 within the next few months if there are bumper harvests and low cost of production

Stressing that the drastic reduction in the price would be made feasible if the cost of rice production is cut through the Federal Government’s support to rice farmers


RIFAN President Speaks

“This is just the beginning, the actual price will still come down because we are expecting a bumper harvest this year

”We have sat down with the millers and agreed that we will work together for the interest of Nigerians

“At one time, people were buying a bag of rice at the cost of N18, 000, but they are now buying it at between N13, 000 and N15, 000. The price is coming down

“In the next few months, God willing, the price of a 50kg bag of rice will come down to N6, 000. It is achievable, it will be a reality.’’ he adds.

Rice Processors 

Mohammed Abubakar, Chairman, Rice Processors Association of Nigeria (RIPAN), on his part says the associations has signed a memorandum of understanding (MoU) to slash the prices of both paddy and processed rice

“We have agreed at N110, 000 per tonnes of paddy. In the market, rice will come around N13, 000 to N13, 500 per 50kg bag

“Before now, we were buying paddy at N140, 000 and N150, 000 per tonne and we are selling our rice at N16, 000 per 50kg bag

“If this MoU works, we hope to sell a bag of rice at N13, 000 to N13, 500, depending on where you are in the country.”

Minister Commend Both RIFAN & RIPAN

Minister of Agric Audu Ogbe

Ogbe Speaking during the meeting, commends the associations for their decision to slash the price of locally produced rice

The minister, who says the biggest challenge facing rice farmers in the country is smuggling

Also noting that the move will aid efforts to stamp out rice smuggling into the country

“Let me express the appreciation of President Muhammadu Buhari and the Vice-President, Prof. Yemi Osinbajo

“Both to farmers and millers because nobody can calculate what you have done to rescue our country that was very close to disaster

“What you have done is going to save us from a lot of difficulties

”What we want to promise you is that we will help you ease the burden of rice farming

“Last year, we procured 80,000 threshers; this year, we will procure another 2,500 threshers and we are bringing in small reapers for distribution to rice farmers

“The equipment will enable them to cut the rice, thresh it, winnow it and put it in sacks

”It will take away all the stress which makes rice farming very difficult so that you can keep to the price of N110, 000 per tonne of paddy that we agreed

“If we are able to keep these prices stable and we are able to contain smuggling

”I hope you will keep us informed when there are any challenges confronting you because no country can claim to be strong if its citizens are hungry

“Let everybody know that the price of rice for this Christmas will be good enough for us to eat rice, chicken and fish

“We just can’t afford hunger here. The smuggler will be the beneficiary of any violation of the price agreement you have reached,’’ Ogbeh adds.

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