Local rice mills idle Prices hit ₦100k again Crisis may spark unrest Rice prices are now setting off serious alarm bells across the nation. A rising tide of concern has been stirring among both consumers and industry insiders alike. Eko Hot Blog has already spotlighted the intensifying challenge faced by ordinary Nigerians at market stalls, … Read more
The Senate has revised a bill seeking to prohibit the export of unprocessed maize in commercial quantities, introducing a minimum one-year jail term for violators. The amended bill, originating from the House of Representatives, was passed on Wednesday after the Senate’s Committee of the Whole reviewed its clauses. Through a voice vote, the senators approved … Read more
The federal government has initiated the sale of rice to Nigerians at a subsidized rate of ₦40,000 per 50kg bag. The Minister of Agriculture and Food Security, Abubakar Kyari, officially launched the program in Abuja on Thursday. Kyari stated that this initiative is part of President Bola Tinubu’s efforts to ensure that no Nigerian goes … Read more