The Federal Government has disclosed that price of rice will crash from November this year. Minister of Agriculture and Rural Development, Chief Audu Ogbeh, said this in Abuja yesterday while addressing members of the Senate Committee on Agriculture and Rural Development.
More Nigerians have returned to their various farms and by the next harvesting season next month, the price of rice would start to crash.
"We will not encourage rice importation and there is no way our ministry or government can be involved in importing rice when we are working hard to be self-sufficient in local production. By November when the full-scale harvest starts, rice prices will fall," the minister said.