• About Us
  • Contact Us
  • Privacy & Policy
Friday, February 27, 2026
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

Government Rolls Out Subsidised Rice in Major States to Combat Food Crisis

Vincent Amadi by Vincent Amadi
October 2, 2024
in Economy
Reading Time: 5 mins read
A A
0
Government Rolls Out Subsidised Rice in Major States to Combat Food Crisis
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram


The Federal Government of Nigeria is broadening its subsidised rice programme in an effort to combat the country’s food insecurity crisis. According to an official from the Federal Ministry of Agriculture and Food Security, who spoke confidentially on Monday, sales of the subsidised rice are set to begin in Lagos, Kano, and Borno states.

This expansion follows the initial launch of the programme in Abuja earlier in September, under the leadership of the Minister of Agriculture and Food Security, Abubakar Kyari.
During the launch in Abuja, Minister Kyari revealed that the programme was an integral part of the government’s larger strategy aimed at ensuring that no Nigerian goes to bed hungry. As food prices continue to soar across the nation, the programme’s key objective is to provide affordable rice to Nigerian citizens.

The Federal Government has set the price of the 50kg bag of rice at a heavily subsidised rate of N40,000. This is significantly lower than the current market price, which hovers around N90,000, and in some places, the price has approached N100,000 for a similar quantity.
The subsidised rice initiative is set to deliver 30,000 metric tonnes of rice to the market. This volume translates to approximately 1,000 trucks, each carrying 600 bags of rice. The initiative aims to flood the market with affordable rice, helping to relieve pressure on citizens who have been hit hard by the surging prices of basic food items.
“As I speak with you now, we are going to activate Lagos and Kano states for the sales any moment from now. Borno State is also going to be addressed,” stated the anonymous official from the agriculture ministry. The official expressed confidence that the programme would roll out in these key states in the immediate future.
Despite the positive reception of the subsidised rice programme, there have been concerns about the distribution process in Abuja. Some reports suggested that sales had been halted in the Federal Capital Territory.

However, the agriculture ministry official refuted these claims, insisting that the sales were still ongoing. “We have not even gone anywhere; how can we stop? The sales are ongoing, and we are actively engaging with other states,” the official clarified, stressing that the programme was in full swing and that further sales would expand to other regions of the country.
Another official from the ministry commented on the progress made within Abuja. According to this source, civil servants, particularly those working in and around federal ministries, have been some of the main beneficiaries of subsidised rice sales.

However, there have been challenges in the coordination of the programme at the National Agricultural Insurance Corporation (NAIC) centre, where the rice was being sold to the public. “We opened the NAIC centre to see the cooperation of the public, but they proved very difficult to control,” the official explained, noting that some individuals were not following the proper protocols for purchasing the rice.
This lack of public cooperation, compounded by attempts from certain individuals to sabotage the process, has complicated the programme’s rollout.

The official noted that some people were buying the subsidised rice in large quantities with the intent of reselling it at market prices, thereby undermining the purpose of the subsidy. “Some persons came to sabotage the process to buy and take to the market, which frustrates the essence of the rice subsidy,” the official added.
Despite these hurdles, the ministry remains committed to the success of the programme. The official expressed optimism about the long-term impact of the initiative, stating, “We are focused on ensuring that low-income earners, who are the direct beneficiaries, can access this vital resource.”

The government’s goal is to ensure that those who are most vulnerable and in need of assistance can access the subsidised rice, helping to alleviate food scarcity in the country.
The rollout of the subsidised rice programme in Lagos, Kano, and Borno states is part of the government’s broader strategy to tackle food insecurity and ensure that basic staples remain accessible and affordable for all Nigerians. The expansion of the programme is a response to the ongoing hunger crisis gripping the nation. With food prices continuing to rise, exacerbated by the weakening of the naira, many Nigerians are struggling to afford essential food items.
According to data from the National Bureau of Statistics (NBS), the food inflation rate in August 2024 reached a staggering 37.52% year-on-year. This figure represents a sharp increase of 8.18 percentage points from the 29.34% recorded in August 2023.

The rapid rise in food prices has been attributed to a combination of factors, including the depreciation of the naira, which has significantly reduced the purchasing power of ordinary Nigerians.
Further compounding the economic challenges is the state of the naira. On September 27, 2024, FMDQ Securities Exchange Limited reported that the NAFEM (Nigerian Autonomous Foreign Exchange Market) closing rate was N1,540.78/$, while in some black markets in Abuja, the dollar was being sold for over N1,700/$.
The government, however, is taking steps to address these economic challenges. At a press conference marking Nigeria’s 64th Independence Day celebrations, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, outlined the government’s commitment to ending the country’s reliance on food imports.

He stressed that achieving food self-sufficiency is critical to Nigeria’s economic recovery. “We should not be importing food,” Edun declared, highlighting the importance of domestic food production. He further warned, “It is critical that we do not disrupt domestic food production. We mustn’t flood the market with imports,” positioning this shift as a cornerstone of the government’s economic recovery plan.
As the Federal Government continues to roll out its subsidised rice programme and strengthen domestic food production, it hopes to alleviate some of the pressure on Nigerian households, reduce hunger, and ensure that essential food items remain within reach for all citizens.

The expansion of the programme to Lagos, Kano, and Borno represents a significant step forward in the government’s efforts to combat food insecurity and stabilise the nation’s economy.

Vincent Amadi

Vincent Amadi

Related Posts

Naira gains against US dollar significantly
Economy

Naira records straight three days depreciation against US dollar

2 days ago
Naira ends week on positive note against dollar
Economy

Naira will appreciate to N1,000 per dollar in coming weeks – Tinubu

3 days ago
Dangote Refinery Petrol Price Drops as Direct Fuel Distribution Begins September 15
Economy

Dangote Refinery eyes depot owners, major marketers in new marketing strategy

5 days ago
28 ships loaded with fuel, waiting to berth at Lagos ports
Economy

28 ships loaded with fuel, waiting to berth at Lagos ports

1 week ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Why the low turnout of Nigerians in elections — Onaiyekan
National

Why the low turnout of Nigerians in elections — Onaiyekan

11 hours ago
2027: Tinubu using govt institutions to suppress opposition – Nwosu
National

2027: Tinubu using govt institutions to suppress opposition – Nwosu

11 hours ago
Nigeria and Brazil to sign MoU on direct flight
National

Stop complaining about Electoral Act and govt – Presidency warns opposition

11 hours ago
Legislature and judiciary servants of Tinubu, not independent, says Buba Galadima
National

2027: If Nigerians can remove GEJ over insecurity, they can remove APC — Galadima

12 hours ago
Breaking News: Rotimi Amaechi officially resigns from APC, says party has derailed
National

2027: Tinubu not Nigeria’s main problem – Amaechi

12 hours ago
Labour gives FG Friday ultimatum to meet demands or face industrial action
National

Labour gives FG Friday ultimatum to meet demands or face industrial action

1 day ago

POLITICS

Why the low turnout of Nigerians in elections — Onaiyekan

Why the low turnout of Nigerians in elections — Onaiyekan

11 hours ago
2027: Tinubu using govt institutions to suppress opposition – Nwosu

2027: Tinubu using govt institutions to suppress opposition – Nwosu

11 hours ago
Nigeria and Brazil to sign MoU on direct flight

Stop complaining about Electoral Act and govt – Presidency warns opposition

11 hours ago
Legislature and judiciary servants of Tinubu, not independent, says Buba Galadima

2027: If Nigerians can remove GEJ over insecurity, they can remove APC — Galadima

12 hours ago
Breaking News: Rotimi Amaechi officially resigns from APC, says party has derailed

2027: Tinubu not Nigeria’s main problem – Amaechi

12 hours ago
Labour gives FG Friday ultimatum to meet demands or face industrial action

Labour gives FG Friday ultimatum to meet demands or face industrial action

1 day ago

YOUR ECONOMY

Naira gains against US dollar significantly
Economy

Naira records straight three days depreciation against US dollar

2 days ago
Naira ends week on positive note against dollar
Economy

Naira will appreciate to N1,000 per dollar in coming weeks – Tinubu

3 days ago
Dangote Refinery Petrol Price Drops as Direct Fuel Distribution Begins September 15
Economy

Dangote Refinery eyes depot owners, major marketers in new marketing strategy

5 days ago
28 ships loaded with fuel, waiting to berth at Lagos ports
Economy

28 ships loaded with fuel, waiting to berth at Lagos ports

1 week ago
Naira gains against US dollar significantly
Economy

Naira gains against US dollar significantly

1 week ago
Nigerian Restaurant Owners Struggle as Fuel Price Increases
Economy

Price war: Fuel price to drop nationwide

3 weeks ago

E & P

LaLiga: Ighalo confident Lookman will excel under Simeone at Atletico Madrid
Sports

LaLiga: Ighalo confident Lookman will excel under Simeone at Atletico Madrid

by Steven Atogi
5 days ago
0

Former Manchester United striker, Odion Ighalo has expressed confidence that Ademola Lookman will excel under manager Diego Simeone at Atlético...

It’s the toughest season of my career, says Pep Guardiola of Man City

EPL: Three managers shortlisted to replace Guardiola at Man City

4 weeks ago
Transfer: Ademola Lookman lands in Madrid ahead of medicals

Transfer: Ademola Lookman lands in Madrid ahead of medicals

4 weeks ago
AFCON 2025: Ighalo faults Diaz’s Panenka penalty against Senegal

AFCON 2025: Ighalo faults Diaz’s Panenka penalty against Senegal

1 month ago
Why I won’t coach Mali again — Chelle

Why I won’t coach Mali again — Chelle

1 month ago
AFCON 2025: Super Eagles Ndidi, Alebiosu ruled out of Semi final

AFCON 2025: Super Eagles Ndidi, Alebiosu ruled out of Semi final

2 months ago

YOUR THOUGHT & HISTORY

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’
National

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’

by Steven Atogi
5 months ago
The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour
Opinion

The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour

by Odini Brains
5 months ago
HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE
Opinion

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE

by Odini Brains
6 months ago
Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents
National

Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents

by Odini Brains
6 months ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
6 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

Why the low turnout of Nigerians in elections — Onaiyekan

Why the low turnout of Nigerians in elections — Onaiyekan

February 27, 2026
2027: Tinubu using govt institutions to suppress opposition – Nwosu

2027: Tinubu using govt institutions to suppress opposition – Nwosu

February 27, 2026
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address