Home News FG Launches ₦40,000/50kg Rice, Sets NIN as Requirement Despite Growing Hunger
News

FG Launches ₦40,000/50kg Rice, Sets NIN as Requirement Despite Growing Hunger

898

The Federal Government has mandated that only public servants with a valid National Identification Number (NIN) can purchase the 50kg bags of rice at a subsidised price of ₦40,000.

Minister of Agriculture and Food Security Abubakar Kyari announced the requirement during the launch of the FG’s sale of 30,000 metric tonnes of milled rice.

“Intending beneficiaries would be verified using relevant identification mediums such as the National Identification Number (NIN) and phone numbers to forestall multiple accesses to the commodity by fraudulent individuals,” Kyari stated.

The sale will be strictly regulated, allowing only one bag per person to avoid racketeering. Buyers must present their NIN and phone number or be registered under the Integrated Payroll and Personnel Information System (IPPIS) to qualify for the purchase.

This minister blamed localised factors and global challenges such as climate change, COVID-19 and the Russia-Ukraine conflict for rising food prices in Nigeria. West Africa Weekly notes that this expectation may be overly optimistic given the current economic context in Nigeria. The ongoing high inflation rate, about 33.4 per cent, poses a considerable challenge to sustaining lower prices.

Read More:

About The Author

Related Articles

Ghana's transit trade
NewsTravel

Ghana Defends Decision to Accept U.S. Deportees, Rejects Claims of Endorsing Trump’s Immigration Policy

Ghana’s government has defended its decision to accept West African migrants deported...

In a ministerial meeting of the Confederation of Sahel States (AES) held in Bamako on January 16, 2025, key decisions emerging from the session include establishing a Regional Investment Bank and launching transformative infrastructure projects across member states.
News

Niamey Hosts Second Meeting Of Justice Ministers of CSS, Discussions Focus on Judicial Reforms and Regional Integration

Niamey on Monday played host to the second meeting of justice ministers...

News

Former Niger Minister Ibrahim Yacoubou Questioned Over Alleged Human Sacrifice Case

The Attorney General at the Niamey Court of Appeal has confirmed that...

Amusan
News

Nigeria’s Tobi Amusan Wins Silver In 100m Hurdles At World Championships

Nigeria’s Tobi Amusan has clinched the silver medal in the women’s 100m...