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As a measure to alleviate the impact of high food prices that have persisted for over a year amid widespread hunger across the country, the Federal Government has launched the sale of 30,000 metric tonnes of milled rice at a subsidised price of N40,000 per 50kg bag to Nigerians.
The Minister of Agriculture and Food Security, Senator Abubakar Kyari, officially launched the sale of 30,000 MT of FGN milled rice to Nigerians at a subsidised rate of N40,000 per 50 kg.
During the launch, he said that only Nigerians with the National Identification Number (NIN) would be allowed to buy the 50kg bag of rice at the subsidised rate of N40,000.
This initiative was directed by the President and Commander-in-Chief, Asiwaju Bola Ahmed Tinubu, to ensure that Nigerian citizens do not go to bed hungry.
The Minister acknowledged the recent global challenges, including the aftermath of COVID-19 and the Russia-Ukraine war, which have led to increased food prices and food insecurity.
He emphasised that the present administration's efforts, such as the release of 42,000 MT of Assorted Food Commodities and the 30,000 MT of milled rice being sold, are aimed at cushioning the effect of high food costs.
The Minister also stated that the sales will be conducted in a transparent and well-monitored manner.
