Rice sales at N13,300 per bag -RIPAN

The Rice Processors Association of Nigeria on Thursday said the association has agreed to sell rice for between N13,300 and N14,000 per bag.

The association also expressed support for the Federal Government’s closure of the land border with Benin Republic and other neighboring countries.

President of RIPAN, Mohammed Maifata, said this during a chat with journalists in Abuja.
He commended the Nigeria Customs Service for its current fight against smuggling of the commodity, and called on various security agencies who are mandated by the current directive to intensify the fight to check the various porous borders.

Maifata said the move was needed to address the rising case of rice smuggling into Nigeria from neighbouring countries.

It described the border closure as “long overdue,” noting that it was done in the best interest of the economy.

The association said the action of the government had suddenly returned life to the rice value chain, as the hitherto subdued mills have resumed operations within one week of the border closure.(Punch)

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