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FG has approves the sum N60bn for rice subsidy

FG has approves the sum N60bn for rice subsidy



The Minister of Agriculture, Audu Ogbeh on Friday disclosed that the Federal Government has approved N60 billion subsidy to support rice industry in the country.


He briefed State House correspondents after a meeting of the National Food Security Council presided over by President Muhammadu Buhari at the Presidential Villa, Abuja.

Ogbe who was flanked by the Kebbi State Governor, Atiku Bagudu explained that the purpose of the subsidy was to help bring down price of the commodity in the country.

He said “There is a subsidy programme coming up. Government has approved some money N60 billion to support the rice industry to bring down prices. But we are going to handle it differently.


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