• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

  • Fact-Check
  • Economy
    • Luanda Summit: AUDA-NEPAD Taps AI, Green Bonds as it Launches Marketplace…

      Tinubu Jets to Brazil After Japan Summit, Eyes Trade, Security Deals

      Comptroller-General of Customs, Bashir Adewale Adeniyi (MFR), hosted the Executive Chairman of FIRS, Dr. Zacch Adedeji,

      Customs and the “National Single Window” Project

      FG Earmarks N13bn to Boost Power Infrastructure in Lagos, Ogun

      Centre for Crisis Communication, CCC,

      CCC Reviews Keyamo’s Crisis Management in Aviation Disputes

  • National
    • Flood

      Flood Alert: Heavy Rains Threaten 7 Nigerian States this Weekend August…

      Officers of NCS as it rounds off its Strategic Reputation Management Campaign in Zone 'D', Bauchi

      Customs Consolidates Reforms as Reputation Campaign Wraps Up in Zone ‘D’

      CG Custom Bashir Adewale Adeniyi and Zacch Adedeji

      Is Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau…

      Army soldiers security

      Mattress of Terror: Can Nigeria Ever Be Truly Secure? By Haroon…

      ACF

      Arewa Consultative Forum Engages Influencers to Amplify Northern Identity

    • Government
      • CG Custom Bashir Adewale Adeniyi and Zacch Adedeji

        Is Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau…

        ACF

        Arewa Consultative Forum Engages Influencers to Amplify Northern Identity

        FG, States, LGs Share N2.001trn for July, Says FAAC

        FG Unveils Personal Income Tax Calculator Under New Reform Laws

        Saudi Arabia Conducts Life-Saving Cardiac surgeries in Kano

        Saudi Arabia Conducts Life-Saving Cardiac Surgeries in Kano

  • Security
    • Police Neutralise Kidnappers, Arrest Suspects, Recover Arms in Nationwide Crackdown

      Police Officer

      Police Raid Bandits’ Camps, Recover Arms, Arrest Suspects in Benue

      Flood

      Flood Alert: Heavy Rains Threaten 7 Nigerian States this Weekend August…

      NAF Eliminates Over 35 Terrorists at Assembly Point Near Cameroon Border

      Police Arrest 65-Year-Old Arms Trader, Suspected Chinese Illegal Miner in Anambra

  • Features
    • CG Custom Bashir Adewale Adeniyi and Zacch Adedeji

      Is Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau…

      Army soldiers security

      Mattress of Terror: Can Nigeria Ever Be Truly Secure? By Haroon…

      The Arrest of Ansaru Kingpins Mahmud Muhammad Usman aka Abu Bara’a, and Mahmud al-Nigeri aka Mallam Mamuda

      Ribadu and the fall of Ansaru By Senator Iroegbu

      Fixing the Fault Lines in Nigeria’s Culture of Recognition, By Mukhtar…

      How Desperation Turns Nigerian Job Seekers Into Scam Targets By Tahir…

  • State
    • Police Neutralise Kidnappers, Arrest Suspects, Recover Arms in Nationwide Crackdown

      Police Officer

      Police Raid Bandits’ Camps, Recover Arms, Arrest Suspects in Benue

      Nigerian Navy Personnel

      Navy Dismantles Illegal Refining Site in Bayelsa

      ACF

      Arewa Consultative Forum Engages Influencers to Amplify Northern Identity

      CRUSHING BLOW: other Top Boko Haram commanders neutralized in Bita, Wigo

  • Event
    • President Bola Ahmed Tinubu

      His Death is a National Loss, Tinubu Mourns Emir of Zuru

      Umar Lauya

      Umar Lauya Declares Candidacy for NYCN Presidency, Vows to Unite and…

      The Executive Secretary/CEO of the National Sugar Department Council (NSDC), Mr. Kamar Bakrin (L), with the CEO of Legacy Sugar Company, Alh. Abubakar Isa Musa (R), during the signing ceremony.

      NSDC, New Operators Seal Landmark Development Agreements, to Produce 400,000MT of…

      Regional Vice President Western and Central Africa at the World Bank, Mr Ousmane Diagana pays a courtesy visit to Baze University

      World Bank Vice President visits Baze University, Commends Educational Standards, Assures…

      NIPR President Ike Neliaku and a recently inducted PR professional from Kano

      PHOTOS: NIPR Inducts 80 New PR Professionals in Kano to its…

    • PR Nigeria Award
  • E-Paper
Home National COVID-19: Border Closure on Rice to Nigeria’s Advantage as Prices Skyrocket in...
  • National

COVID-19: Border Closure on Rice to Nigeria’s Advantage as Prices Skyrocket in International Market- Reports

By
Prnigeria
-
April 12, 2020
imported rice
imported rice

COVID-19: Border Closure on Rice to Nigeria’s Advantage as Prices Skyrocket in International Market- Reports

The partial border closure by the Nigerian government has put the last laugh on the faces of rice farmers as the price of rice in the international market has skyrocketed due to Coronavirus pandemic. (Reuters: https://cutt.ly/thairice)

Recent media reports reveal that the rise in prices is due to expectations of higher demand for Thai rice after top rice exporters like India and Vietnam both face export disruptions of the strategic staple food due to the outbreak of the coronavirus disease (COVID-19). (Reuters https://cutt.ly/indianrice)

Due to the Coronavirus pandemic, rice-producing nations like Thailand, India and Vietnam are stockpiling agricultural commodities, which translates to tremendous advantage to Nigerian rice farmers as the commodities may likely not get to Nigeria through import apart from the fact that efforts are on to meet the increasing demand for the staple in the country. (CNBC: https://cutt.ly/corofood)

It is on record that Asia produces 90% of the world’s rice supply and consumes the same amount.

In a chat with the Economic Confidential on this development, the National Chairman of Rice Processors Association of Nigeria (RIPAN), Alhaji Mohammed Abubakar Maifata said the rice farmers and millers and other processors have been vindicated and that all that they told the government have come to pass.

Read Also:

  • Police Neutralise Kidnappers, Arrest Suspects, Recover Arms in Nationwide Crackdown
  • Police Raid Bandits’ Camps, Recover Arms, Arrest Suspects in Benue
  • Arewa Economic Forum Chairman Loses Mother

Maifata said: “We are also aware that in some of the Asian countries including India, rice traders have stopped signing new export contracts as labour shortages and logistical disruptions hamper the delivery of existing contracts, according to reports citing industry officials. The Vietnamese government has also put in export curbs.”

He said their advice to the Nigerian government to close the borders has yielded the desired results, adding that the percentage of foreign rice smuggled into the country through land borders has reduced drastically and will hit the zero level.

“I can confidently tell you that the level of smuggling foreign rice will soon come down to zero level while the local farmers have the capacity to fill the gap conveniently.

“As far as I am concerned, we can meet the local demand for rice, apart from the fact that the development has helped our local processing industry to work at full capacity and the farmers are able to sell all what they produce, and this has encouraged many more farmers to join rice farming”, he said.

When contacted, the spokesperson of the Nigeria Customs Service, Joseph Attah, said for now the borders are closed and rice seizures have continued unabated for smugglers of the commodity and no more breathing space for them.

“We are glad that our rice farmers, processors and millers are doing very well in mass food production as they are daily smiling to the banks and our operations have been successful so far”, he said.

Attah further urged the major stakeholders to join in the campaign against the deadly activities of smugglers through advocacy and sensitizations that will lead to attitudinal changes on the part of the smugglers.”

By PRNigeria

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • India
  • International Market
  • Rice
  • ripan
  • Thailand
Previous articleNigerian Troops Eliminate 9 Bandits, Rescue 18, Recover GPMG PKT in Zamfara, Sokoto States
Next articlePolice Enforce Total Lockdown in Anambra
Prnigeria
Prnigeria
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

Ibrahim Yahaya Dandakata of Arewa Economic Forum

Arewa Economic Forum Chairman Loses Mother

Flood

Flood Alert: Heavy Rains Threaten 7 Nigerian States this Weekend August 24-24

Officers of NCS as it rounds off its Strategic Reputation Management Campaign in Zone 'D', Bauchi

Customs Consolidates Reforms as Reputation Campaign Wraps Up in Zone ‘D’

CG Custom Bashir Adewale Adeniyi and Zacch Adedeji

Is Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau A. Shuaib

Army soldiers security

Mattress of Terror: Can Nigeria Ever Be Truly Secure? By Haroon Aremu Abiodun

ACF

Arewa Consultative Forum Engages Influencers to Amplify Northern Identity

Police Recover arms from Boko Haram in Borno

Man, 65, arrested for illegal arms deal in Anambra – Police

Delegations Arrive Abuja for Inaugural African Defence Chiefs Summit

Troops of Operation FANSAN YANMA

Troops Neutralise 7 Bandits, Recover Motorcycles in Katsina

CRUSHING BLOW: other Top Boko Haram commanders neutralized in Bita, Wigo

Rotimi Pedro, Karimah Bello, Stella Din Jacob, Sophia Essahmed

PHOTOS: Finally, President Tinubu Confirms Pedro as NTA DG, Announces Three Female Executive Directors

Nigerian Military Refutes Misinterpretation of CDS Self-Defence Comment

Recent Posts

  • Police Neutralise Kidnappers, Arrest Suspects, Recover Arms in Nationwide Crackdown
  • Police Raid Bandits’ Camps, Recover Arms, Arrest Suspects in Benue
  • Arewa Economic Forum Chairman Loses Mother
  • Luanda Summit: AUDA-NEPAD Taps AI, Green Bonds as it Launches Marketplace for Africa’s Infrastructure Push
  • Flood Alert: Heavy Rains Threaten 7 Nigerian States this Weekend August 24-24
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Police Neutralise Kidnappers, Arrest Suspects, Recover Arms in Nationwide CrackdownPolice Raid Bandits’ Camps, Recover Arms, Arrest Suspects in BenueArewa Economic Forum Chairman Loses MotherLuanda Summit: AUDA-NEPAD Taps AI, Green Bonds as it Launches Marketplace for Africa’s Infrastructure PushFlood Alert: Heavy Rains Threaten 7 Nigerian States this Weekend August 24-24NAF Eliminates Over 35 Terrorists at Assembly Point Near Cameroon BorderPolice Arrest 65-Year-Old Arms Trader, Suspected Chinese Illegal Miner in AnambraCustoms Consolidates Reforms as Reputation Campaign Wraps Up in Zone ‘D’Navy Dismantles Illegal Refining Site in BayelsaIs Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau A. ShuaibMattress of Terror: Can Nigeria Ever Be Truly Secure? By Haroon Aremu AbiodunArewa Consultative Forum Engages Influencers to Amplify Northern IdentityMan, 65, arrested for illegal arms deal in Anambra - PoliceDelegations Arrive Abuja for Inaugural African Defence Chiefs SummitTroops Neutralise 7 Bandits, Recover Motorcycles in Katsina
X whatsapp