Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Tuesday, 6 December 2016

Nigeria is the second highest importer of rice in the world

*As SON develops new standards for harvesting, processing
The Standards Organisation of Nigeria (SON), says it has developed new standards for rice seeds, harvest, milling, drying and hygiene practice for processing and storage of rice in the country.
The Director-General of the organisation, Mr Osita Aboloma, said this in Abuja on Tuesday at the 3rd Nigeria Rice Investment Forum organised by the New Partnership for Africa’s Development (NEPAD).

Tuesday, 11 October 2016

Rice price’ll fall by Nov. — FG

The Federal Government on Monday declared that the price of rice would start to fall from November this year.
It stated that more Nigerians had returned to their various farms, adding that at the next harvesting season next month, the price of rice would start to crash.
This came as the government said that the delay in the approval of the 2016 budget had made it impossible to implement the capital expenditure in the agricultural sector.

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