CBN COMMENCES DISTRIBUTION OF 9MT PADDY RICE TO MILLERS

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The central bank of Nigeria and the rice farmers association of Nigeria has flagged off the sales of nine million metric tonnes of rice paddies to millers across 16 states with the move to cushion the effect of rising food inflation in the country, especially price of rice.

Speaking at the flag off ceremony in Kaduna on Thursday the branch controller central bank of Nigeria, Kaduna state who represented the governor of central bank of Nigeria Godwin Emefiele , Ahmed Wali and the RIFAN president  Aminu Goronyo, said the flag off was  directed by president Muhammadu Buhari, to make Nigeria self-sufficient in rice and almost ready for exportation stressing that the feat was achievable due to rice farmers’ courage, commitment, and patriotism despite security challenges in the country.

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