Millers of Rice Reveal Why Rice is Expensive

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The increase in cost of production of rice is responsible for the high cost of the locally-produced commodity in the country, according to a statement by millers in Kano State.

Spokesperson for the Medium and Small Scale Rice Millers Association in the state, Mr Liman Muhammed, revealed this during a visit to some mills in Kano on Wednesday.

The News Agency of Nigeria (NAN) reports that the price of 50kg the locally-produced ranges between N20,000 and N22,000 while that of the imported is between N12,000 and N15,000.

“For locally-produced rice, the cost of production is high. Our people are used to the imported rice but with government’s intervention, we are seeing good quality rice.

“Most imported rice have spent more than 10 years in the storage and are not good enough but the local rice has more nutritional value.

“The number of people consuming local rice is increasing and if everybody along the rice value chain is empowered, the cost of production will reduce,’’ he said.

He commended the Central Bank of Nigeria (CBN) Anchor Borrowers’ Programme, noting that it had empowered farmers and millers across the country.

Muhammed called on government at all levels to provide necessary inputs to farmers to boost production in the country.

Edited by McDike Dimkpa

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