Rice will be made available to consumers at N13,000/bag –Ambode

The Lagos State Governor, Mr. Akinwunmi Ambode, on Thursday during the 2016 Agricultural Summit organised by the Agricultural Sectoral Group of the Lagos Chamber of Commerce and Industry disclosed that rice will be made available to residents at a reduced cost of N13, 000 per 50kg bag.

Speaking through his Special Adviser on Food Security Mr. Ganiyu Okanlawon, Ambode, said the state had entered into a partnership with Kebbi State Government to produce ‘Lake Rice’ which would be made available to consumers at N13,000 per bag in the coming weeks.

In his speech during the programme with the theme ‘walking hand-in-hand to move agriculture forward,’ Amobode disclosed that his government had also established a department of  agribusiness in the Ministry of Agriculture, an agricultural trust fund and the first commodity exchange market in Nigeria.

The President, LCCI, Dr. Nike Akande, in her opening remarks noted that the agricultural sector was expected to play a pivotal role in the nation’s quest for diversification through increased non-oil earnings, job creation and foreign exchange earnings.

“These are needed to drive the economy towards the path of recovery from recession,” she said.

Citing data from the National Bureau of Statistics, Akande noted that even after the recent rebasing of the nation’s Gross Domestic Product, agriculture still accounted for a large share of its economic activities.

She urged the government to do more in terms of providing enabling business environment where private sector businesses could thrive, adding, “The development of a good rail network to facilitate the movement of agro produce to markets cannot be overemphasised.”

Posted by Juliet Ekwebelam (Punch)