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50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN - Business - Nairaland

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50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by henryanna36: 6:26am On Nov 30, 2016
Central Bank of Nigeria Tuesday in Yenagoa said that a 50 kg bag of Nigeria rice is selling in Ebonyi for N8,000.

This was disclosed by the Acting Director, Corporate Communication, CBN, Mr Isaac Okoroafor, in Bayelsa State.

Speaking at a sensitization workshop for the CBN Anchor programme for farmers, he said: “We should eat Nigerian rice provided for by the CBN Anchor Programme; 50 Kg of local rice is now N8, 000 in Ebonyi. Already, the Abia Government has ordered rice from Ebonyi for Christmas,”.

He said that the Anchor Borrowers Programme for the promotion of Agriculture has set the country to begin exportation of rice by 2017.

According to him, farmers in Kebbi, Jigawa, Ebonyi, Sokoto and Cross River states, among others, have already keyed into the programme, resulting in massive rice cultivation. He said the country would achieve self-sustenance in rice production if the momentum was sustained, adding that the country should commence exportation of locally produced rice by 2017.

Okorafor said Kebbi State had already harvested one million tons of rice, adding that Ebonyi’s harvest had outstripped the earmarked production for the year.

“The development is encouraging and by the end of 2017, we will not only meet our national demand which is between six and seven million tons but have surplus to export.

“We must rid ourselves of eating foreign rice that has been stored for over nine years in Thailand, Vietnam and India. Nigerian rice is fresh and healthier.

He further said: “What we have done with this programme so far is to create jobs through farming, especially for the unemployed youths.

“Nigerian youths must wake up, dust themselves up and join this worthy campaign.

“Remember that the status of our farmers is now better due to the support they are receiving as a result of government’s policy. Our currency is weak because we engaged in needless importation of all kinds of food stuffs, including tooth picks; the government is determined to stop this.”

The Branch Controller, CBN, Yenagoa, Mr. Oke Nwajah, said the state was blessed with rich wet soil that supported rice cultivation. He therefore, urged the farmers to take pride in farming, adding that the Anchor Borrowers Programme was an intervention to reduce their burden.

Source: http://www.trezzyhelm.com/2016/11/50kg-bag-of-rice-now-sells-for-n8000-in.html

1 Like

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by Rilwayne001: 6:27am On Nov 30, 2016
What a lie? shocked

Government of liars, by the liars and for the liars.

angry

87 Likes 2 Shares

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by Nobody: 6:29am On Nov 30, 2016
Wetin concern CBN with rice?

43 Likes 2 Shares

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by Nobody: 6:39am On Nov 30, 2016
Who has bought Ebonyi rice recently make he confirm?

Abia Govt ordered tons of Ebonyi rice for christmas celebration? Wow Ebonyi don hammer oh grin

5 Likes

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by lomprico(m): 6:48am On Nov 30, 2016
Wetin concern CBN with rice? Dollar still dey above 400 naira o!

Jagajaga government. angry

40 Likes 1 Share

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by alegbeleye(m): 6:48am On Nov 30, 2016
CBN is now selling rice? Lol just kidding. Thumbs up Ebonyi. Other states should also wake up, we must not all make rice.

19 Likes 1 Share

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by Towncrier007(m): 6:49am On Nov 30, 2016
but why?
Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by segebase(m): 6:53am On Nov 30, 2016
CBN now works in agriculture dept....wat a shame

48 Likes 1 Share

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by okosodo: 7:07am On Nov 30, 2016
Na CBN dey sell am. Make dem allow the people to testify not coming to tell lies which is the hallmark of buhari

7 Likes

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by wordbank(m): 7:15am On Nov 30, 2016
Yet another propaganda

18 Likes

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by herzernIsHere: 7:30am On Nov 30, 2016
Commendable!!!.....

2 Likes

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by obailala(m): 7:30am On Nov 30, 2016
Rilwayne001:
What a lie? shocked
Are you in ebonyi?

9 Likes

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by Nobody: 7:31am On Nov 30, 2016
grin grin grin grin

DSS will soon start raiding Rice Sellers...

Meanwhile let me go and ask...




grin grin grin grin

35 Likes

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by Nobody: 7:31am On Nov 30, 2016
Today is my birthday......hw many likes for me

125 Likes 2 Shares

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by iduzebaba(m): 7:32am On Nov 30, 2016
Cbn... wat a shame
Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by TINALETC3(f): 7:32am On Nov 30, 2016
Stop deceiving us oooooo

6 Likes

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by Atiku2019: 7:32am On Nov 30, 2016
KissChrix:
Wetin concern CBN with rice?


That's what our President has downgraded CBN into cool cry

5 Likes

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by ednut1(m): 7:32am On Nov 30, 2016
KissChrix:
Wetin concern CBN with rice?
olodo, the scarce FX we for go dash Thailand and Vietnam will be used for oda things by CBN

34 Likes 1 Share

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by Nobody: 7:32am On Nov 30, 2016
Local rice take over

1 Like

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by Pavore9: 7:33am On Nov 30, 2016
Please which market(s) in Ebonyi?

3 Likes

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by Matthewy5: 7:33am On Nov 30, 2016
How true is this story?
Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by rozayx5(m): 7:33am On Nov 30, 2016
this kind of govt sef

CBN announcing rice price



while the naira crash is none of thier biz

3 Likes

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by ChappyChase: 7:33am On Nov 30, 2016
Make we move go there.
Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by Atiku2019: 7:33am On Nov 30, 2016
ebohstepn:
Today is my birthday......hw many likes for me


Data Management Bro cheesy

5 Likes

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by UnknownT: 7:34am On Nov 30, 2016
I will bookmark this post for posterity sake. This current CBN is set to make things worse for us. Tomorrow now, they will advocate for price cap(like they want to do with data in collabo with NCC), and fix the price for a bag of local rice at 16k claiming that rice is cheapest here compared to other countries

14 Likes

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by SailorXY: 7:34am On Nov 30, 2016
Good to hear. Agriculture is a very profitable venture for those discerning enough to seize upon it.
Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by Rilwayne001: 7:34am On Nov 30, 2016
obailala:
Are you in ebonyi?

Yes undecided

2 Likes

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by dokiOloye(m): 7:34am On Nov 30, 2016
Rilwayne001:
What a lie? shocked
What a bigot

7 Likes

Re: 50kg Bag Of Rice Now Sells For N8,000 In Ebonyi – CBN by eazyjakes(m): 7:34am On Nov 30, 2016
U know a govt dat thrives on propaganda when CBN announces the price of rice in ebonyi!

3 Likes

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