Category: rice

SPECIAL REPORT: No relief for Nigerians as sky-high food prices bite harder

“When we started this business in February 1994, the prices for commodities at the time were okay. My husband and I started with just N15,000 but without a minimum of over N1 million capital, I don’t think someone can start a comfortable foodstuff business now,” a trader said. The post SPECIAL REPORT: No relief for […]

Kogi government distributes 50 truckloads of rice to citizens

The governor said the intervention was strictly meant for the indigents at the lower level of the socioeconomic spectrum of the society. The post Kogi government distributes 50 truckloads of rice to citizens appeared first on Premium Times Nigeria. Powered by WPeMatico

MARKET WATCH: Staple food items Nigerians can no longer afford

The situation became more complex after President Bola Tinubu announced the end of fuel subsidy payments during his inauguration as president on 29 May 2023. The post MARKET WATCH: Staple food items Nigerians can no longer afford appeared first on Premium Times Nigeria. Powered by WPeMatico

More hardship for Nigerians as prices of rice, beans, garri, others spike by 50%

Prices of staple foods in Nigeria increased to at least 40 percent in the last two months, a market survey by DAILY POST reports. DAILY POST gathered that as of Monday, 11 February 2024, the prices of Rice, beans, garri, groundnut oil, tomatoes, and bread witnessed an astronomical increase of over 40 percent from December […]

NDDC seeks to revive abandoned 180 tonnes rice mill in Rivers – Official

The rice which was established as part of NDDC’s industrialisation and food security strategy, was being operated in partnership with the Elephant Group until it stopped production in 2022. The post NDDC seeks to revive abandoned 180 tonnes rice mill in Rivers – Official appeared first on Premium Times Nigeria. Powered by WPeMatico

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