Latest news on rice in nigeria

Here are some of the latest news on rice in Nigeria:

  1. Rice Importation Ban: In October 2020, the Nigerian government banned the importation of rice to promote local production and reduce the country's reliance on foreign rice. The ban has led to a significant increase in local rice production and consumption.
  2. Rice Production Increase: According to the National Bureau of Statistics (NBS), Nigeria's rice production increased by 22.6% in 2020 compared to the previous year. This is attributed to the government's efforts to promote local rice production and the ban on rice importation.
  3. Rice Milling Capacity: The Nigerian government has set a target to increase the country's rice milling capacity to 10 million metric tons by 2025. This is part of efforts to reduce the country's dependence on imported rice and promote local production.
  4. Rice Exportation: Nigeria has started exporting rice to other countries, including Ghana, Côte d'Ivoire, and Senegal. This is a significant development, as it marks a shift from the country's traditional role as a net importer of rice.
  5. Rice Subsidy: The Nigerian government has introduced a rice subsidy program to support local rice farmers and promote local production. The program provides a subsidy of N10,000 (approximately $27) per metric ton of rice to farmers.
  6. Rice Fortification: The Nigerian government has launched a rice fortification program to improve the nutritional content of locally produced rice. The program aims to add essential micronutrients such as iron, zinc, and vitamin B12 to rice to improve the health and well-being of Nigerians.
  7. Rice Price: The price of rice in Nigeria has increased significantly due to the ban on rice importation and the increase in local production costs. The price of a 50-kilogram bag of rice has risen from N25,000 (approximately $67) to N40,000 (approximately $107) in some parts of the country.
  8. Rice Farmers' Protest: Rice farmers in some parts of Nigeria have protested against the government's decision to increase the price of fertilizer and other inputs, which they claim has made it difficult for them to produce rice at a competitive price.
  9. Rice Processing: The Nigerian government has launched a rice processing program to promote the processing of locally produced rice. The program aims to create jobs and increase the value of locally produced rice.
  10. Rice Research: The Nigerian government has launched a rice research program to improve the quality and yield of locally produced rice. The program aims to develop new rice varieties that are resistant to pests and diseases and can thrive in Nigeria's climate.

These are some of the latest news on rice in Nigeria. The country's rice industry is undergoing significant changes, with the government promoting local production and consumption to reduce the country's reliance on foreign rice.