Business
Christmas: Lagos Govt To Commence Sales Of Rice At ₦20,000 Per Bag
The Lagos Government has announced that bags of rice would be sold for ₦20,000 to residents before Christmas.
Ekohotblog learnt that initiative is in partnership with Kebbi Government and Central Bank of Nigeria (CBN).
The Commissioner for Agriculture, Ms Abisola Olusanya, made it known to newsmen on Monday in Lagos that about 100,000 bags of 50 kg were being expected for sales at ₦20,000 per bag.
Olusanya said the state government with the Kebbi Government and the Federal Government are working hard to ensure that residents of the state have enough rice for the festive season.
“We are intervening in the area of availability of rice for the festive season, and it will be sold at ₦20,000 per bag.
“The most important thing is that we have rice available, be it Lake Rice or other brands,” she said.
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Olusanya added that the delay in the sale was due to the process of production.
“During the festive season, millets have to be polished, mill, and processed before rice will be available.
She reiterated, “the intervention of the Lagos State Government under the leadership of Mr 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.
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Olusanya, however, assured that the rice had started arriving as at last week and in few days, more will arrive Lagos.
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