Connect with us

News

Minister Says Price of Rice Will Start to Fall From November

Published

 on

PIC. 41. FROM LEFT: VICE CHAIRMAN, SENATE COMMITTEE ON AGRICULTURE, SEN. THEODORE  ORJI; THE CHAIRMAN OF THE COMMITTEE, SEN. ABDULLAHI ADAMU; MINISTER OF STATE FOR  AGRICULTURE AND RURAL DEVELOPMENT. SEN. HEINEKEN LOKPOBIRI; AND THE MINISTER OF  AGRICULTURE AND RURAL DEVELOPMENT, CHIEF AUDU OGBEH, DURING THE COMMITTEE'S OVERSIGHT  FUNCTION’S VISIT TO THE MINISTRY IN ABUJA ON MONDAY (10/10/16). 7558/10/10/2016/HOGAN-BASSEY/BJO/NAN

PIC. 41. FROM LEFT: VICE CHAIRMAN, SENATE COMMITTEE ON AGRICULTURE, SEN. THEODORE
ORJI; THE CHAIRMAN OF THE COMMITTEE, SEN. ABDULLAHI ADAMU; MINISTER OF STATE FOR
AGRICULTURE AND RURAL DEVELOPMENT. SEN. HEINEKEN LOKPOBIRI; AND THE MINISTER OF
AGRICULTURE AND RURAL DEVELOPMENT, CHIEF AUDU OGBEH, DURING THE COMMITTEE’S OVERSIGHT
FUNCTION’S VISIT TO THE MINISTRY IN ABUJA ON MONDAY (10/10/16).
7558/10/10/2016/HOGAN-BASSEY/BJO/NAN

The Federal Government on Monday declared that the price of rice would start to fall from November this year.

The Minister of Agriculture and Rural Development, Audu Ogbeh, said this while addressing members of the Senate Committee on Agriculture and Rural Development at the headquarters of the ministry in Abuja.

According to Ogbeh, the government could not be involved in the importation of rice as speculated in some quarters, adding that his ministry would not encourage rice importation because it would be detrimental to local production.

“We will not encourage rice importation and there is no way our ministry or government can be involved in importing rice when we are working hard to be self-sufficient in local production. By November when the full-scale harvest starts, rice prices will fall,” he said.

Ogbeh, speaking on the reason his ministry has not started implementing its capital budget said: “It is about now that the capital expenditure is beginning. One of the reasons why money is not circulating is that we need to follow the due process on issues of procurement, advertisement and others.”

“You may be surprised to know that only six to seven states in Nigeria are showing enthusiasm in agriculture. Some by nature don’t seem interested, while others just can’t connect with whatever we are doing at the federal level,” he added.

He also said that his ministry has spent just N882.58m, representing 4% of the N21bn budgeted for it in the 2016 Appropriation Act.

Ogbeh said that he met N67 billion debt when he came on board, adding that N20 billion had been paid to agro-dealers and 900 million oil palm seedlings have been distributed to farmers across the country.

7 Comments

  1. @edDREAMZ

    October 11, 2016 at 10:16 am

    a.k.a EDWIN CHINEDU AZUBUKO said…
    .
    What happened to reducing the price nw… Rubbish….
    .
    .
    ***CURRENTLY IN JUPITER***

  2. NG

    October 11, 2016 at 11:53 am

    “Ogbeh, speaking on the reason his ministry has not started implementing its capital budget said: “It is about now that the capital expenditure is beginning. One of the reasons why money is not circulating is that we need to follow the due process on issues of procurement, advertisement and others.”

    “He also said that his ministry has spent just N882.58m, representing 4% of the N21bn budgeted for it in the 2016 Appropriation Act.”

    Did I read the above paragraphs well?

  3. Moses Ukanna

    October 11, 2016 at 11:55 am

    No more #40,000 by December? Thatz greatest news!!
    http://www.Moss9ja.com

  4. NG

    October 11, 2016 at 12:08 pm

    And today is, let me see, 11th October!

  5. NG

    October 11, 2016 at 12:21 pm

    It is either BN or the minister that is disrespecting our intelligence; BN if the report is truncated and so makes no sense as it is presented or the minister, in stating govt will not import rice and only 6 states are serious about agric and yet, price will fall by November. C’mon tell me more! How?

    • Santa

      October 12, 2016 at 1:59 am

      Abi? Only rice? How about tomatoes and beans? Smh

  6. Kenny uzziy

    October 29, 2016 at 7:23 am

    Ur fada,dis nah d first time wey una don talk dis tin.Make hunger kill any member of my family,nah den u go no Say no b one person wey dey control bokoharam

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

css.php