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NIN required to buy 50kg bag of rice at N40,000 -FG

todaySeptember 6, 2024 25

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The Federal Government has announced that only buyers with National Identification Numbers would benefit as it commenced the sale of 30, 000 metric tonnes of milled rice to Nigerians at a subsidised rate of N40,000 per 50kg bag.

President Bola Tinubu, represented by the Minister of Agriculture and Food Security, Abubakar Kyari, stated during the flag-off ceremony on Thursday, that the rice intervention will be sold strictly on a “one person, one bag” basis.

Kyari explained that the 50kg bags of rice, priced at a flat rate of ₦40,000, are part of the Federal Government’s effort to provide subsidised milled rice to help alleviate the ongoing food crisis in Nigeria.

“This food intervention can be said to be timely considering the times and challenges we are in as citizens of this great nation.

“As one of the numerous efforts of the present administration to cushion the effect of high cost of food commodities, kindly join me in applauding the immense efforts of the present administration such as the release of 42,000MT of Assorted Food Commodities (AFC) to vulnerable and the 30,000MT of milled rice which is being flagged-off for sales to Nigerians today September 5, 2024,” he stated.

On buyer verification, Kyari explained that a multi-disciplinary government task force has been deployed to ensure transparency, broad distribution and the overall success of the initiative.

He emphasised that the process was designed to prevent individuals from obtaining more than one 50kg bag of rice, noting that beneficiaries will be verified through identification methods such as the NIN and phone numbers to prevent fraudulent individuals from accessing multiple bags at the expense of other citizens.

“In view of the above, I urge our dear citizens to cooperate with the relevant agencies of government who will try to serve you to achieve this great initiative of government.

“It is expected that with the injection of 30,000MT (1000 trucks of 30MT each of this important staple into Nigeria’s food balance sheet, it will not only crash the price of rice but also other closer food substitutes and alternatives,” he said.

Written by: EaglesFM

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