- The Nigerian government said it made bulk rice purchases to the tune of about 58,500 tons from farmers
- The minister of Agriculture and Food Security, Abubakar Kyri, disclosed that the intention is to crash the price of commodities in the market
- He said the government has also asked the World Food Programme to stop purchasing bulk food from farmers so as not to worsen the current food inflation
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
The Nigerian government has purchased about 58,500 tons of milled rice from the Rice Farmers Association to stabilise the market nationwide.
