Skip to main content

Demand for local rice rises in Calabar

local rice

The demand for Nigerian grown rice has risen in Calabar as residents patronise it more due to high cost of foreign rice.

Investigation on Monday in Calabar shows that residents of the state prefer the rice for this year’s yuletide.

A resident, Mr Richard Nku, said he preferred the Nigerian grown and processed rice to foreign one for various reasons.

“It is cheaper, more affordable and even sweeter than foreign rice. So I cannot spend as much as N26, 000 just to buy just a bag of rice simply because it is foreign.

“In this Christmas, I am going for locally made rice and that is what my family and everybody in my house will eat until January,’’ he said.

Another resident, Mr Raymond Ubi, also described local rice as a credible alternative to the current rising price of foreign rice.

“I go for our own made rice, no matter what people think about it, I prefer it, in fact I like it more than the so called foreign rice,’’ he said.
A rice farmer, Mr Fidel Egoro, said there was serious pressure on his company to supply rice.

“We are under serious pressure to deliver on demand and that is why we cannot accept people paying us through banks.

“We do not have the time to go to the bank, so we prefer cash to save time; many people have placed orders for rice and we are trying to meet up before the close of the season,’’ he said.

He also observed that prices of locally produced rice might go up before Christmas due to increased demand for it.

“One bushel of rice (equivalent of half bag) sells for N7,250, while two bushels (equivalent of one bag) sells for N14,500).

“This may increase before the close of the season, depending on changes in cost of production,’’ he said.

Comments

Popular posts from this blog

Court grants Fani-Kayode N50m bail

Fani-kayode sandwiched by EFCC officials Justice James Tsoho of the Federal High Court Abuja on Thursday granted a N50m bail to former spokesman of the Goodluck Jonathan Campaign Organisation, Chief Femi Fani-Kayode. Fani-Kayode was arraigned by the Economic and Financial Crimes Commission (EFCC) on a five-count charge of money laundering to the tune of N26m. Fani-Kayode is the sole defendant in the fresh charges numbered, FHC/ABJ/CR/140/2016. The EFCC accused the defendant of diverting 26 million Naira allegedly received from the ONSA while Sambo Dasuki was in office. The anti-graft agency also accused him of handling the said N26 million without going through financial institution as required under the Money Laundering Act. The embattled former minister is already facing 17-count charge of money laundering before the Lagos Division of the court, along with a former Finance Minister; Nenadi Usman, Danjuma Yusuf and a firm; Joint Trust Dimension Nigeria Limited. They were charg...

Pope not involved in Colombian peace deal- Vatican

Pope Francis Pope Francis has turned down a request to play a role in the peace deal between the Colombian government and the Revolutionary Armed Forces of Colombia (FARC) rebel group. The Vatican in a statement issued on Wednesday in in Vatican City said that an invitation was sent to his Holiness in early August to appoint a representative to participate in the committee that selected the judges for the talks. The statement said that though Pope Francis supported the peace process, he, however, reiterated that he would not get involved in Colombian peace deal. It said that Pope was praying for the enlightenment of the hearts and minds of those who were called to promote the common good of the Colombian nation. A deal was announced last week, putting an end to five decades of internal conflict between government forces and the FARC rebels. The agreement, which needed to be ratified through a referendum in Oct. 2, would entail setting up a special court to grant amnesties or pu...

Fall of Assad is a Blow to Russia's Prestige

The potential fall of Syrian President Bashar al-Assad, a long-standing ally of Russia, would mark a turning point in Moscow’s global influence, particularly in the Middle East. Steve Rosenberg’s analysis underscores the profound implications for Russia, which has invested heavily—both militarily and politically—in ensuring Assad’s survival over the past decade. This article delves into why Assad’s downfall would strike at the core of Russian prestige and what it could mean for the broader geopolitical landscape. Russia's Strategic Commitment to Syria Since the outbreak of the Syrian civil war in 2011, Russia has been a staunch supporter of Assad's regime. In 2015, Moscow launched a military intervention that proved decisive in stabilizing Assad’s hold on power. This intervention solidified Russia's role as a key power broker in the Middle East and demonstrated its willingness to project military power far beyond its borders. Syria is not just an ally for Russia; it is a...