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Rice field farm

Rice field farm

The Federal government’s intention of banning rice in 2018 may be an exercise in futility as importers from Nigeria
and Ghana have placed order for 2.85 million tons of rice valued at N433.7billion ($1.18billion) for 2018.
It was learnt that the new booking may disrupt government plan next year and it is feared that it could further hamper local production of the grain.
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, had already assured the country that importation of rice would come to an end by 2018.
But latest imports order revealed that the country would import more rice next year.
Already, Nigeria’s imports have been revised up from 100,000 tons to 2.2 million, while Ghana imports moved up from 650,000 tons to 675,000 tons for 2018.
According to Foreign Agricultural Service of the United State Department of Agriculture in August, 2017, global analysis on rice imports, Nigeria, which consumes 4.9 million tons annually, has placed order to ship 2.2 million tons next year.
It noted that global imports were being boosted by substantially larger purchases by eight countries- the Philippines, Nigeria, Bangladesh, China, Ecua