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Fri, Mar

Panic Not Over Rice Scarcity ― RIFAN

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According to the Rice Farmers Association of Nigeria (RIFAN), Nigerians should not worry over the scarcity of rice as land borders remain closed.

 

This assurance was made on Sunday, 22nd, September 2019 by the National President, RIFAN, Aminu Goronyo.

The RIFAN president disclosed that rice processors and farmers have met and resolved that border closure would not affect the price of the commodity, rather will maintain prices despite the closure of land borders.

He further stated that there is enough rice paddy for millers in their warehouses, which they cannot quantify and disclose that in three weeks to come, over 6 million metric tonnes of rice would be harvested, which will be added to the 4 million metric tonnes already harvested and that put together is over the current annual consumption rate of 7.5 million metric tonnes.

Goronyo further added prices of the commodity (rice) ranging from N13, 500 - N14, 000 per bag and the marketers promised to maintain that price.

" With the cooperation of Nigerians, God willing the prices will start coming down.

Secondly, the farmers who produce, grow and cultivate this rice did not add a kobo to the normal price they use to sell their paddy" Goronyo emphasized.

While discarding the ongoing panic buying of the product, Goronyo opined that there is no reason why Nigerians should panic and try to create unnecessary artificial scarcity of this commodity.

" With the quantity of paddy available to RIFAN in its warehouses, we can’t even quantify the quantum of it.

The quantity of rice to be harvested in the next two or three weeks ahead is only known by God.

There are enough factories in the country that are now milling rice to international standards and enough for Nigerians to buy and consume...” Goronyo added.

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