November 23, 2024
Home Posts tagged Rice Production
Blogs Business Features Interviews Investigations Media Top Story

 Why prices of local rice continue to increase in spite of increase in domestic production

By The Insight Team 310 0
Daniel Adaji The price of locally-produced rice has continued to increase in Nigeria despite the increasing volume of rice production in the country. In 2017, it cost N16,000 on average to purchase 50kg of locally-produced rice. Due to multibillion Naira intervention by the Central Bank of Nigeria (CBN), under its Anchor Borrowers’ Scheme, the price […]Continue Reading
Like Us
Follow Us
Subscribe Us
Follow Us