By : Collins Olayinka, Abuja The domestic capacity of rice production has plummeted to 5.3 million from a historic eight million metric tonnes, the Competitive African Rice Forum – Nigeria Chapter (CARF-FSD Nigeria) has revealed. Chairman of the group’s Board of Trustees, Peter Dama, disclosed that local rice farmers had developed their capacity, and were […]
By Gabriel Ewepu ABUJA—Stakeholders, under the auspices of Competitive African Rice Forum, Nigerian chapter, CARF-FSD Nigeria, weekend, cried out over threat the country’s rice industry was facing due to selective waivers, smuggling and market distortions. Chairman, Board of Trustees, CARF-FSD Nigeria, Peter Dama, said Nigeria’s rice value chain was not the source of food inflation, […]
By Princess Etuk Rice farmers have raised the alarm over the collapse of Nigeria’s rice industry, attributing the shutdown of local mills and mass job losses to cheap imports, insecurity, and lack of government support. Peter Dama, Chairman of the Competitive African Rice Forum Nigeria, lamented the closure of processing facilities and its devastating impact […]
Lower rice prices will benefit price-sensitive consumers in Africa and other regions. By Channels Television Nigeria is among the top rice-importing countries currently reaping the benefits of a global slum in prices of rice to multi-year lows. Data obtained from a Reuters poll showed that the market slumped in April, a month after Delhi removed […]
Opeyemi Owoseni. Nigeria is reaping the benefits of a global slump in rice prices, as international markets adjust to rising supply levels and the removal of export restrictions by India historically the world’s largest rice exporter. According to a Reuters poll, global rice prices plummeted in April 2025, following India’s decision to lift the last […]
Opeyemi Owoseni Nigeria is reaping the benefits of a global slump in rice prices, as international markets adjust to rising supply levels and the removal of export restrictions by India historically the world’s largest rice exporter. According to a Reuters poll, global rice prices plummeted in April 2025, following India’s decision to lift the last […]
By Dare Olawin The price of a 50kg bag of rice has dropped to N58,000 in some parts of Nigeria, particularly around remote areas, amid imports from the Republic of Benin, a report by S&P Global has said. The report said that the West African parboiled rice market has slumped to a near two-year low […]
By Anozie Egole The Nigeria Customs Service has said that with 159 cases involving 135,474 bags valued at N939m, rice remained the most prevalent commodity seized by the service in the first quarter of 2025. The Comptroller-General of Customs, Adewale Adeniyi, stated this in Abuja while briefing journalists on the service’s activities in the first […]
Feyishola Jaiyesimi & Faith Donatus Nigerians may see relief in the prices of foreign parboiled rice on the back of a global glut occurring in major producing countries. This expected drop is largely due to a rice glut in India — world’s largest producer of the grain – which has bolstered global stockpiles for the […]
By Animashaun Salman The Sokoto Rima River Basin Development Authority has assured rice farmers across the Middle Rima Valley of immediate and adequate water release to salvage their crops. This comes after growing concerns over the dwindling water level downstream, threatening thousands of rice farms across parts of Sokoto and Kebbi states. The Managing Director […]
