How over 20 million bags of rice are smuggled into Nigeria daily
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How over 20 million bags of rice are smuggled into Nigeria daily

- An investigation has shown that over 20 million bags of rice are smuggled into Nigeria on daily basis

- Abdullahi Zuru, the general-manager of Labana Rice Mills, said the increase in rice smuggling is a threat to the Anchor Borrowers Programme of the Central Bank of Nigeria (CBN)

- Zuru also said the smuggling affects the production of rice in the country

The general-manager of Labana Rice Mills, an indigenous rice milling farm in Kebbi State, Abdullahi Zuru decried the high increase in rice smuggling in Nigeria.

Zuru while speaking with journalists in Birnin Kebbi said the increase in rice smuggling is a threat to the Anchor Borrowers Programme of the Central Bank of Nigeria (CBN) and local production of rice.

Leadership reports that Zuru said an investigation carried out by Rice Farmers Association of Nigeria (RIFAAN) between February to March this year, showed that over 20 million bags of foreign rice were smuggled into Nigeria daily through different borders.

‘‘Some rice processors have either suspended or cut down production because there is no market for Nigerian rice, foreign rice is gradually taking over Nigeria again,’’ Zuru said.

‘‘There is possibility of rice mills going to send off some of their staff due to no production, number of farmers into dry season farming dropped to 30% , many of the farmers could not be able to pay back their loan because of no buyers and people are now turning to foreign rice because of its cheap amount," he added.

Meanwhile, Legit.ng previously reported that Kano-based Amarava Rice Mill says it is targeting to record 500 tonnes of daily production by June, just as it hit 250 tonnes to boost local self-sufficiency.

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Subhash Chand, the Indian Deputy High Commissioner in Nigeria, made this known on Tuesday, January 1, in Abuja.

The multi-million naira state-of-the-art rice mill, owned by an Indian national, was inaugurated by President Muhammadu Buhari in Kano in December.

The diplomat assured that the production capacity of the mill was being expanded to hit 500 tonnes by June.

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Source: Legit.ng

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