The Rice Processors Association of Nigeria on Thursday said the association has agreed to sell rice for between N13,300 and N14,000 per bag.
The association also expressed support for the Federal Government’s closure of the land border with Benin Republic and other neighboring countries.He said, “We are not going to take advantage of the border closure for ourselves by hiking the price of rice.
“This is the commitment we made to government and we are determined and we are willing to keep to our words God willing. Any contrary activities is not from us as we expect saboteurs to take advantage of the situation. But we assure you that this will be our price.” Maifata said the move was needed to address the rising case of rice smuggling into Nigeria from neighbouring countries.
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