- The Nigerian government has rejected offers from Vietnam to import rice into the country at discounted rates
- The government instead urged Vietnamese investors to build rice processing mills in Nigeria
- The government had two months ago, closed Nigeria's land borders, shutting out many foreign goods
The federal government has rejected a plea by Vietnam that its rice should be allowed into Nigeria after the country's border was closed about two months ago.
The Nigerian government, instead, urged Vietnamese investors to build rice processing mills in the country.
The government noted that there are large arable lands and potentials in rice farming in the country, urging the Asian country's firms to take advantage of it.
The position of the Nigerian government was stated by Sunday Akpan, the permanent secretary in the ministry of industry, trade, and investment.
Daily Trust reports that Akpan was speaking at the Nigeria-Vietnam Trade and Investment Forum (NVTIF) in Abuja on Wednesday, October 30.
He said since Vietnam was among the top five rice producers in the world, Nigeria would welcome collaboration with Vietnamese government and investors in the area of building rice processing mills in Nigeria given their vast experience in rice production.
Legit.ng reported earlier that the government of Vietnam on Tuesday, October 29, appealed to the Nigerian government to allow its country to import rice into Nigeria.
The appeal was made on behalf of the Vietnamese government by its deputy prime minister, Vuong Dinh Hue.
Border Closure: Price of rice may rise to N40k/bag before December | Legit TV