"Start producing rice or a bag will go for N40K," says Minister

Heineken Lokpobiri has said a bag of rice might soon be sold for N40,000 if Nigerian farmers don't start producing.

Bags of rice

According to a report by Vanguard Newspaper, Lokpobiri emphasized that the increase in price of a bag of rice is as a result of the high cost of importation.

Lokpobiri, who made this revelation at a town hall meeting in Yenagoa, Bayelsa State on Saturday, September 11, 2016, further said that Nigeria spends about $22bn a year on food importation.

He said: “For your information, we spend about $22bn a year importing food into Nigeria. We know how many more dollars they bought and that is why you see the price of rice going up.

“Price of rice was may be N12,000 some months ago, but it is now about N26,000 and if we don’t start producing, by December it could be N40,000.

“Rice matures in three months. So, this is a wake up call for Bayelsa people to take the four farms we have seriously. The federal government has four farms in the state in our records. The average land you see in Bayelsa can grow rice, so the colonial masters were not wrong in their assessment when they said Niger Delta could feed not only Nigerian but also the entire West Africa sub-region.

“Unfortunately, agriculture till today, is not a priority of the Niger Delta as far as the state governments are concerned because of oil,” Lokpobiri disclosed.

Lokpobiri's call on farmers is coming following the numerous calls by the Senior Minister for Agriculture, Audu Ogbeh on plans to see more production of foods locally.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

National Assembly supports NNPC's efforts to stop oil theft & increase production

National Assembly supports NNPC's efforts to stop oil theft & increase production

UI students consider dropping out due to tuition hike, power supply rationing

UI students consider dropping out due to tuition hike, power supply rationing

Katsina governor hands power to deputy for 1 month - here's why

Katsina governor hands power to deputy for 1 month - here's why

Tinubu seeks amendment to 2024 Appropriation Act, 2023 Finance Act

Tinubu seeks amendment to 2024 Appropriation Act, 2023 Finance Act

Court rejects Shuaibu's challenge to Ighodalo's PDP candidacy in Edo election

Court rejects Shuaibu's challenge to Ighodalo's PDP candidacy in Edo election

After 1 week operation, troops capture 7 suspects, recover weapons in Plateau

After 1 week operation, troops capture 7 suspects, recover weapons in Plateau

Senator Monguno replaces Ndume as Senate Chief Whip

Senator Monguno replaces Ndume as Senate Chief Whip

PDP, Gov Eno risk losing structure to APC in Akwa Ibom ahead of LG polls

PDP, Gov Eno risk losing structure to APC in Akwa Ibom ahead of LG polls

Lagos Govt to punish Police officer for defiling girl trying to recover stolen phone

Lagos Govt to punish Police officer for defiling girl trying to recover stolen phone

Pulse Sports

Racism storm rocks Chelsea as players UNFOLLOW Enzo Fernández on Instagram

Racism storm rocks Chelsea as players UNFOLLOW Enzo Fernández on Instagram

Nigeria abandon 2-Time AFCON winner, eye move for former England manager to replace Finidi George

Nigeria abandon 2-Time AFCON winner, eye move for former England manager to replace Finidi George

Transfer News LIVE: Man U announce Joshua Zirkzee signing plus all the latest DONE deals and more

Transfer News LIVE: Man U announce Joshua Zirkzee signing plus all the latest DONE deals and more

Lionel Messi now world's most decorated player, surpasses Brazilian legend after Copa America win

Lionel Messi now world's most decorated player, surpasses Brazilian legend after Copa America win

Latest Sports News & Updates

Latest Sports News & Updates

Lamine Yamal: 17 y/o Euros champion cosies up to girlfriend Alex Padilla to confirm dating rumours

Lamine Yamal: 17 y/o Euros champion cosies up to girlfriend Alex Padilla to confirm dating rumours