Tag: Economy Recession: One Bag Of Rice Maybe Sold For N40

Rice This is indeed a call for concern. The minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, has warned that Nigeria must start producing rice by December 2016 or risk having the produce hit N40,000 per bag. Lokpobiri said this at the weekend during a town hall meeting in Yenagoa, Bayelsa State.…