Agriculture
Why It’s Not Justifiable To Sell One Bag Of Rice Above N11,500


Every average Nigeria takes advantage of the situation. Just like sanitizers and facial masks are becoming too expensive because of the spread of Coronavirus.
Yes, it may be the law of demand and supply, but then, Nigerians are not helping themselves. Grassroots.ng over the weekend gathered that a bag of rice sells at the rate of N17,500 in the Daleko market in Lagos.
This is one of the major markets in Lagos where food items rice, beans, tin tomatoes are sold in large quantities. Some of the sellers at the market largely blame the Federal Government for the border closure.
They explained that Nigerians still prefer imported rice to locally manufactured rice. One of the sellers who pleaded anonymity said the decision of the FG is the major reason why there has been a scarcity of imported food items in the country, of which it has also led to the hike of imported rice which is usually in high demand.
This is almost six months into the closure of Nigeria’s land borders, the majority of the average Nigerians have been consuming the locally manufactured rice even though some still complain that there are particles.
However, the Minister of Agriculture and Rural Development, Alhaji Muhammad Nanono, recently explained that it was unfair for rice producers to sell a bag of rice at above N15,000.Nanono said that with paddy rice sold at N8,500 and cost of processing N2,000, it was exploitative for the product to be sold for between N17,000 and N18,000 per bag.
The minister, according to a statement from the ministry, said this during a working visit to rice farms and mills of Stallion Group Popular Farms and Mills Limited.Nanono noted that the border closure had resulted in an increased output by rice milling plants in Nigeria, adding that the boost would reduce the high rate of unemployment in the country.
The minister said with the improved production rate, Nigerian rice was bound to compete favorably in the global market the moment the country begins to export the product.
The minister said, “I see no reason why a 50kg bag of rice should be sold for N17,000. The same paddy rice is sold at N8,500 and the maximum processing expense is N2,000, making a total of N10,500.
It is unpatriotic to sell a bag more than N14,000 to N 15000.”He said the ministry would convene a forum for all relevant stakeholders in the rice sub-sector to dialogue on how to improve on rice seedlings, among issues.
In his remarks, the Managing Director, Popular Farms and Mill Limited, Mr. Amit Rai, stated that the firm had invested over $70m to boost production of agribusiness, especially rice and sesame in Nigeria.
Agriculture
ORJI ISRAEL with Agency News


The Board of Directors of the African Development Bank Group (AfDB) has approved a grant of $500,000 from its Special Relief Fund to support Uganda’s Relief Emergency Response Project.
The financing will provide urgent assistance to communities severely affected by floods and landslides in the Bulambuli, Kasese and Ntoroko districts, including the provision of family-size tents to an estimated 1,500 internally displaced persons (IDPs). The goal is to improve living conditions in camps where thousands have sought shelter since the disasters.
From 17-19 August 2025, heavy rains in the Mount Elgon subregion in eastern Uganda flooded the mountainous Bulambuli, Sironko and Mbale districts and triggered landslides in the neighobring Namisindwa district.
Local authorities reported 5 deaths, 50 injuries, and an estimated 2,000 homes damaged or destroyed, with 5,000 displaced and 15,000 impacted in total. In recent years, extreme weather events have displaced families, destroyed infrastructure and disrupted livelihoods across the country’s Rwenzori and Elgon regions, where these districts are located.
“Beyond emergency relief, the project is an investment in dignity, safety, and recovery,” said Mercuria Assefaw, the Bank Group’s Division Manager for Water Security and Sanitation. “Providing decent temporary housing will not only address a priority shelter need and improve living conditions for displaced families, it will also stimulate the local economy through procurement and logistics.”
The Office of the Prime Minister of Uganda will implement the project through the Department of Relief, Disaster Preparedness and Management. By prioritising rapid procurement and efficient delivery, the project will create opportunities for local suppliers and service providers, contributing to the wider recovery of flood-affected communities.
Activities will be completed within six months, ensuring timely relief for those in urgent need of shelter. With this support, the Bank will strengthen Uganda’s humanitarian response and contribute to rebuilding community resilience.
Assefaw added, “This grant reflects the Bank’s solidarity with Uganda. By providing immediate relief, we aim to restore hope and stability as communities continue their journey of recovery.”
Agriculture
Raw Shea Nut Export Ban: a win for Nigeria, West Africa – Stakeholders say


In a landmark move to industrialize Nigeria’s agricultural sector and capture greater value from its natural resources, His Excellency President Bola Ahmed Tinubu has approved a six-month temporary ban on the export of raw shea nuts (Vitellaria paradoxa).
The directive, which takes immediate effect, was conveyed through the Office of the Vice President. His Excellency, Vice President Kashim Shettima, stated, “We are not closing doors, we are opening better ones. Today we plant the seeds of an industry that will yield fruit for decades to come; for our women, for our economy, and for Nigeria’s place in global trade.”
The decision follows a rapid assessment by the Presidential Food Systems Coordinating Unit (PFSCU). The assessment revealed that despite producing nearly 40% of the world’s shea nuts; an estimated 350,000 metric tonnes annually, Nigeria captures less than 1% of the global shea market, valued at $6.5 billion.
This strategic policy is designed to protect and grow Nigeria’s domestic shea industry by halting the annual loss of over 90,000 metric tonnes of raw shea to informal cross-border trade. The ban will secure raw materials for local processors, who currently operate at only 35-50% capacity—boost jobs and incomes in rural communities, and protect a value chain where 95% of pickers and processors are women.
The decision positions Nigeria alongside regional leaders in shea production, including Ghana, Togo, Mali, and Burkina Faso, which have already implemented similar restrictions to develop their local processing industries and retain value within their economies.
Eniola Akindele, Data and Impact Assessment Manager of the Presidential Food Systems Coordinating Unit (PFSCU), underscored the untapped potential in the Shea value chain ‘’Shea has the potential to become Nigeria’s untapped goldmine. Beyond its well-known use in cosmetics, shea is increasingly in demand as a substitute for cocoa in global chocolate and confectionery industries. With the right processing capacity and investment platforms, Nigeria can transform its currently underutilized shea value chain into a billion-dollar industry, one that creates jobs, empowers women, and significantly boosts our foreign exchange earnings.”
Key agricultural stakeholders have hailed the presidential directive as a transformative game-changer for the Nigerian economy.
Architect Kabir Ibrahim, National President of the Nigeria Agribusiness Group (NABG) and the All-Farmers Association of Nigeria (AFAN), stated: “This is a pivotal moment for Nigeria’s agricultural industrialization. For decades, we have exported raw shea nuts only to import the finished products at a much higher cost. This policy corrects that imbalance. It is a strategic imperative that will stimulate investment in local processing facilities, create thousands of jobs for our youth and women in rural communities, and significantly increase our national export earnings from a commodity we are blessed with in abundance. We commend His Excellency, President Tinubu, for this bold and visionary action, and we hope that this initiative is extended to other value chains as well.”
Across the West African corridor, value addition for shea nut has been a big topic. “Regional neighbours such as Ghana, Burkina Faso, Mali, and Togo have already imposed restrictions to protect their industries, leaving Nigeria as the outlier and a hotspot for opportunistic and unregulated buying” says the Minister for Agriculture and Food Security, Abubakar Kyari.
Another stakeholder who chose to remain anonymous emphasized the broader regional significance: “The synchronized action across West Africa is a powerful signal to the global market. Nigeria should not just be suppliers of raw materials; the country should be manufacturers and exporters of finished goods. This collective stance by shea-producing nations will give Africa much needed stronger negotiating power and ensure that the wealth generated from its natural resources benefits its people, communities and economies.”
After a very long time, it appears West African nations are taking a united and collective stand to ensure their resources are managed well for the betterment of the region.
Many of the stakeholders who expressed enthusiasm for the ban are hopeful that this is the beginning of a new trend where value addition is domesticated in Africa, thereby reversing the historic trend of exporting raw materials and importing processed goods.
Others, despite commending the administration’s commitment to value addition, have urged the Government to give more clarity as to the implementation and enforcement of the new policy, to prevent smuggling and other risks.
On the other hand, the government has announced that within the next three months, Nigerian shea butter and oil will have prioritized access into the Brazilian market; an opportunity, if well leveraged, that can bring huge gains to the industry.
Agriculture
Niger State to End Direct Supply of Live Cows, Launch Meat Processing for Southwest Markets


Governor Mohammed Umaru Bago has unveiled a major reform in Niger State’s livestock trade, announcing plans to halt the direct transportation of live cows and goats to markets in Lagos and Ogun states.
Under the new plan, livestock will be slaughtered and processed at Mokwa before being packaged and delivered as frozen products to the Southwest. According to the governor, this will improve hygiene, reduce waste, and ensure farmers capture more value from the livestock chain.
Speaking at the First Bank 2025 Agric and Export Expo in Lagos, Bago explained that value addition was key to reversing losses from exporting raw commodities. He revealed that Niger State had secured a $100 million offtake agreement with the Saudi Export and Import Bank to supply livestock to the Middle East, stressing that every part of the animal—from tripe to hooves—would now be fully utilized.
The governor also disclosed plans to partner with Lagos on LNG-powered cold-chain trucks for modern meat distribution. He emphasized that the initiative would raise meat quality, generate jobs in processing, and contribute to Nigeria’s economic diversification away from oil.
Bago urged banks to back such ventures, warning that nations that continue exporting raw products risk remaining “perpetually broke.”
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