On November 17, 2011 · In News

BY DANIEL IDONOR
ABUJA — PRESIDENT Goodluck Jonathan, Friday, hinted of his plan to ban rice importation in his budget speech which he will soon present to the National Assembly.

The United States Agency for International Development, USAID, in a report entitled “Nigeria rice value chain analysis,” had put rice importation at three million metric tonnes annually with a total value of N468 billion ($3 billion).

President Jonathan who spoke while receiving the report of the Northern Economic Summit organised by the Professor Jerry Gana led G_20 Group, said Nigeria can no longer rely on rice import most of which have been stored in silos for more than 10 years, to feed her population.

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