Ministry blames scarcity of local rice on market distortion

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The Federal Ministry of Agriculture and Rural Development has said that the scarcity of rice in the market is due to breakage between joint rice millers and the supply chain.

Deputy Director, Rice Value Chain in the ministry Mrs. Fatimah Aliyu, made this statement at the Second National Congress, themed Policy Dialogue and Inauguration of the Board of Trustees of Rice Assured Advocacy Forum (RAAF) in Abuja.

Aliyu said although there was higher demand for the local rice, integrated millers were unwilling to supply the market due to fear of competition with international rice millers.

The millers argued that the cost of rice had skyrocketed due to infrastructure, and the smuggling of foreign rice into the country.

The Director however pleaded with stakeholders in the rice value chain under RAAF to address the challenge with urgency and proffer possible solutions.

In her words, “Once you, the stakeholders, give us those suggestions, government is going to look at them because the situation is also a problem to government.”

“Integrated millers have invested so much in the business, and even government has also invested so much in it. So, it is of importance that integrated millers succeed,’’.

On his part, the pioneer National Deputy President of RAAF, Alhaji Rafau Lawal, said a policy was being looked into to encourage the consumption of local rice while urging Nigerians to embrace consumption of locally produced rice citing Tanzania as an example.

The post Ministry blames scarcity of local rice on market distortion appeared first on AgroNigeria.

Source: AgricNews-Update

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