Christmas: Lagos crashes rice price, fixes N13,000 for a bag

Bags of rice

The Lagos State Government on Thursday said it was ready to roll out Lake Rice on December 15 to Lagosians at N13,000 per 50 kg towards the Yuletide celebrations.

The sale will come as succour for millions of Lagosians who like their counterparts in most parts of the country have had to pay over N20,000 for a bag of rice, mostly imported.

Sanni Okanlawan, Special Adviser on Food Security to Governor Akinwumi Ambode, made the disclosure in Lagos during the Lagos Chamber of Commerce and Industry (LCCI) National Agriculture Stakeholders Summit.

Mr. Okanlawan said that sales of the rice would be made at all the 57 Local Government Areas (LGAs) and Local Council Development Areas (LCDAs) in the state to ensure proper distribution.

“Lake Rice is the acronym of both Lagos and Kebbi States joint product which will be out to the public on December 15 at the rate of N13,000 per 50kg bag as it is already subsidised by the government.

“To make it more available, the rice will be sold at the 57 LGAs and LCDAs for easy accessibility and to guard against unwanted persons diverting the product.

“The state government has put in place a committee that will ensure that Lagosians have the best Christmas celebration, that is why we are offering the wholesome and well packaged rice,” Mr. Okanlawan said.

The special adviser also said that the state had established a Department of Agribusiness, an Agriculture Trust Fund and Commodity Exchange Market to be set up soon.

-NAN

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