Rice smugglers and the economy

by | March 4, 2013 10:47 am

Rice occupies an important place, being the staple food of Nigerians. According to government statistics, yearly consumption of rice is about 5.5 million tonnes. It is also a known fact that local production accounts for about 1.8 million tonnes, thus necessitating the need for importation to bridge the gap. Unfortunately, 50 percent of these imports…

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