Skip to content
September 14, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • If we don’t produce we may buy rice at N40,000 per bag this December – Minister
  • National News

If we don’t produce we may buy rice at N40,000 per bag this December – Minister

Admin September 12, 2016

bags of riceMinister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, has raised an alarm which must never be ignored. He warned that Nigeria must start producing rice now otherwise the price could hit N40,000 per bag in December. He raised the red flag at the weekend during a town hall meeting in Yenagoa, Bayelsa State, his home state. Town hall meetings have been adopted by the Federal Government to raise national consciousness in agriculture as a way of diversifying the nation’s economy.

He said: “For your information, we spend about $22bn a year importing food into Nigeria. We know how many more dollars they bought and that is why you see the price of rice going up.

“Price of rice was N12,000 some months ago, but it is now about N26,000 and if we don’t start producing, by December it could be N40,000.

“Rice matures in three months. So, this is a wake-up call for Bayelsa people to take the four farms we have seriously. The federal government has four farms in the state in our records.

“The average land you see in Bayelsa can grow rice, so the colonial masters were not wrong in their assessment when they said Niger Delta could feed not only Nigerian but also the entire West Africa sub-region.

“Unfortunately, agriculture till today, is not a priority of the Niger Delta as far as the state governments are concerned because of oil.”

He charged the Niger Delta region to give priority to agriculture the way the North-West states such as Kebbi, Jigawa, Kano as well as other states like Lagos, Ebonyi, Anambra had done.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: mainnews mainnews2 newsbar newsticker recommended

Post navigation

Previous NCC reaffirms subscribers’ protection from unsolicited messages by operators
Next Aftermath of Clinton Pneumonia: Trump to release his medical status soon

Related Stories

NDLEA intercepts colos shipments from UK, uncovers opioids in loaves of bread, speakers‹›
  • National News

NDLEA intercepts colos shipments from UK, uncovers opioids in loaves of bread, speakers‹›

September 13, 2026
Suspected ​‌‌‌⁠‍‍⁠⁠‌‍⁠‌​‍‍​‌‌​alcohol poisoning: Ondo Govt. confirms 29 deaths, 60 cases Ondo state
  • National News

Suspected ​‌‌‌⁠‍‍⁠⁠‌‍⁠‌​‍‍​‌‌​alcohol poisoning: Ondo Govt. confirms 29 deaths, 60 cases

September 12, 2026
FG clears N18bn severance package for 2,700 Nigeria Airways workers
  • National News

FG clears N18bn severance package for 2,700 Nigeria Airways workers

September 11, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Arise Tv and feedback, by Tonnie Iredia
  • Commentaries

Arise Tv and feedback, by Tonnie Iredia

September 14, 2026
Terror Plot: Gov. Adeleke Urges Osun Residents to Report Suspicious Activities as DSS Uncovers Security Threat
  • Metro News

Terror Plot: Gov. Adeleke Urges Osun Residents to Report Suspicious Activities as DSS Uncovers Security Threat

September 13, 2026
My Desk Is Enough: What Achebe’s Things Fall Apart Teaches Us About the Sundiata Post Model, By Max Amuchie
  • Commentaries

My Desk Is Enough: What Achebe’s Things Fall Apart Teaches Us About the Sundiata Post Model, By Max Amuchie

September 13, 2026
NDLEA intercepts colos shipments from UK, uncovers opioids in loaves of bread, speakers‹›
  • National News

NDLEA intercepts colos shipments from UK, uncovers opioids in loaves of bread, speakers‹›

September 13, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.