on-demand

CBN Appeals to Rice Millers,Stakeholders not to Increase Price.

The Central Bank of Nigeria CBN has appealed to members of Rice Millers Association of Nigeria and other stakeholders in the Rice value chain not to increase the Price of Rice over border closure.

The CBN Governor, Mr. Godwin Emefiele, made the appeal   in a statement made available to journalist  in Abuja by Mr. Muhammed Tijani, media assistant to the CBN’s Chairman.

Mr. Emefiele also called on the Rice Millers not to hoard Rice as a result of the closure of the borders in order to increase the price, adding that such acts were unpatriotic.

The CBN Governor emphasized that the border closure was meant to promote the growth of the Nigerian Economy and ensure that the Country attained food self-sufficiency in the Rice value chain and it is for the betterment of the citizens.

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According to Him, Rice imported into the Country were Chemicalised for preservation, which are not good for human consumption.

Mr Emefiele called  on Rice Millers to support Government’s effort in the Rice value chain sector adding that hoarding Rice with a view to increasing the prices  would bring hardship on the people of this country.

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