The Minister of Agriculture and Rural Development Audu Ogbeh, has assured Nigerians that the increasing prices of food items in the country will crash in a matter of weeks.
He specifically stated that the price of rice would reduce significantly within the next two weeks.
Ogbeh, who stated this in Ado Ekiti at the weekend during his visit to ABUAD’s farm and the Ekiti State government, said the President Muhammadu Buhari administration would stop importation of rice this year.
Explaining government’s policy to stop importation of rice, Ogbeh hinted that the country has enough domestic production capacity that could sustain consumption and meet foreign exchange earnings that can guarantee diversification of the economy.
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