A foundation has started selling rice at the rate of N11,000 - The foundation sells the rice at lower price against the higher price being sold by other rice sellers.

A Non-governmental organization, Sudais Foundation has started selling a bag of rice at the rate of N11,000 in Kaduna as against the market price of N17,000, as hundreds of people gathered at Gamagira road by Kasuwan bacci round about to buy the rice.

NAIJ.com ’s visit to the place where the foundation was selling the rice revealed that the selling started on Monday April 17. In an encounter with NAIJ.com , one Abdulwasiu said:

"the selling of the rice at cheaper rate started last Monday by a business man under his foundation called Sudais foundation but by Tuesday last week, business men heard about him and reported him to police for selling the rice below market price.

“The man was arrested by the police, people followed him to the police station and after 3 days, the police released him and the selling of the rice continues".

"If you want to buy the rice, you have to pay N11, 000 and collect receipt, you then present the receipt to the people giving the rice and if they verify your payment they give you the rice.”

Earth2Metahuman:
Rice was 8 thousand 3years ago

Nothing to celebrate yet.
We will celebrate when it goes lower or purchasing power increases.

FriendNG:


Whether you like or not there is something to celebrate. The rice sold @8k was a foreign rice. For the first time ever Nigeria is feeding itself.

Remember the rice was sold 22,000 down to 18 and now 11. Change is a gradual process.

FriendNG:


Whether you like or not there is something to celebrate. The rice sold @8k was a foreign rice. For the first time ever Nigeria is feeding itself.

Remember the rice was sold 22,000 down to 18 and now 11. Change is a gradual process.

hungryboy:
abeg stop celebrating when there is no reason to celebrate abeg,

Rice being sold by one Philanthropist in Kaduna for 11k for a few days
Is not something we should be celebrating


This is just a one off bonanza that won't even last up to a week ,

I bet by the time,
Thousands in Kaduna hear about this bonanza and go looking for the 11k cheap rice to buy ,
Our "philanthropist" won't be able to take the losses anymore , and will lock shop and relocate to a new location

Earth2Metahuman:
I still don't see the so called local rice.
Most rice I see in the market are smuggled foreign rice, That's why the price of rice keeps rising and falling with dollars.

FriendNG:


The local is something I have been eating. So you can come up with another story.

FriendNG:


Whether you like or not there is something to celebrate. The rice sold @8k was a foreign rice. For the first time ever Nigeria is feeding itself.

Remember the rice was sold 22,000 down to 18 and now 11. Change is a gradual process.