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CBN, RIFAN to crash rice prices

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The National President, Rice Farmers Association (RIFAN), Alhaji Aminu Goronye has assured Nigerians that the market prices of locally produced rice will soon crash explaining that the price of a 50kg-bag of locally produced rice would plummet from N18, 000 to between N6, 500 and N7000 by April 2018.

According to him the price-reduction plans would be achieved under a joint programme of RIFAN and the Anchor Borrowers Programme (ABP) of the Central Bank of Nigeria (CBN), which would be launched in Abuja on Jan. 13, 2018.

Goronyo said that 12 million rice farmers in the country would benefit from the one-year partnership, adding, however, that 300,000 rice farmers from 20 states would be supported at the beginning of the programme in January.

He said that under the new initiative, the CBN had modified the programme to facilitate its direct relations with RIFAN so as to ensure timely disbursement and full repayment of loans, unlike what obtained in the past.

He said that the new initiative would double the achievements of the earlier edition of ABP, which was launched on Nov. 17, 2015 in Kebbi, with a target to produce additional 2.5 million tons of paddy rice.

He said that in 2015, Nigerians spent not less than N1 billion daily on rice consumption, adding that while the spending had reduced drastically, rice consumption had increased significantly because of the increase in local production of rice.

Goronyo said that the available statistics indicated that the rice consumption rate in the country now had increased from 7.9 million tons to over 8 million tons, while the volume of rice production had increased from 5.8 million tons to 6.9 million tons per annum.

He, however, noted that several efforts had been put in place to cut down the price of rice, adding that some of the efforts included collaborations with Competitive African Rice Initiative (CARI) and other African countries to boost rice production and exports in Africa.

Goronyo stressed that rice prices would further drop, as there were currently bumper harvests in rice farms across the country, while RIFAN was collaborating with rice millers on the pricing of the commodity.

Besides, the RIFAN president said that RIFAN had signed a Memorandum of Understanding (MoU) with the Nigeria Customs Service on how to contain rice smuggling into the country through the land borders.

Goronyo said that the efforts being put in place and the current economic situation in the country had made it somewhat difficult for people to import rice into the country and make profit.

“The landing cost of a 50kg.-bag of imported rice is now N19, 500; then, how much should the 50 kg.-bag of rice be sold?

“The smuggled rice that comes into Nigeria is just five per cent of what we consume, and the rice comes in through the informal sector,’’ he said.

The ABP, which was launched by President Muhammadu Buhari on Nov. 17, 2015, is aimed at creating linkages between companies involved in rice processing.

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177 Nigerians Deported from Niger Republic Arrive Kano.

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No fewer than 177 Nigerians deported from Agadez in the Republic of Niger have arrived at the Mallam Aminu Kano International Airport, Kano, for processing and reintegration.

Sources said the deportees arrived aboard an aircraft from Agadez at about 12:54 p.m. on Monday.

The returnees, comprising men, women and children, were received at the airport by officials of the Department of State Services (DSS), the Nigeria Immigration Service (NIS) and the National Emergency Management Agency (NEMA).

The agencies commenced documentation and profiling of the deportees as part of procedures aimed at determining their identities, states of origin and immediate humanitarian needs.

Officials said the deportees would undergo necessary screening before being handed over to relevant authorities for further assistance and reintegration programmes.

The development is part of ongoing migration and border management efforts involving authorities in Nigeria and neighbouring countries.

Further details on the circumstances surrounding their deportation were not immediately available at the time of filing this report.

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Zulum – I Will Hand Over a More Secure and Prosperous Borno to Gubio-Zulum

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Borno State Governor, Professor Babagana Umara Zulum, has assured that he will hand over a more stable, secure, and economically viable Borno to his successor, Engineer Mustapha Gubio.

A statement by Dauda Iliya, the Givernors spokrsman stated that, Zulum gave the assurance on Monday when he received prominent sons and daughters of Gubio Local Government Area, led by elder statesman Alhaji Gambo Gubio, on a visit to him.
The visit to the Government House, Maiduguri, whih included the APC gubernatorial candidate, Engr. Mustapha Gubio, was to thank the govetmor for choosing their son as successor.

The delegation which included the Chairman of the Borno State Civil Service Commission, Dr. Bulama Mali Gubio; a former member of the House of Representatives, Hon. Fanta Baba Shehu; the Executive Chairman of Gubio, Hon. Mali Bulama Mali; a retired Commissioner of Police; and former Council chairmen, was also part of ongoing consultations with the governor.
Governor Zulum, noted that despite the challenges confronting the state, particularly insecurity, his administration remains committed to consolidating on the gains achieved over the years and laying a stronger foundation for sustainable development.

“Security is the most difficult issue. Insha Allah, before I leave, the situation will be better than now. I will hand over a more stable, more prosperous, and more secure government to Engr. Mustapha Gubio, Insha Allah,” Zulum declared.

He emphasised that sustaining achievements is often more difficult than attaining them, urging continued support and prayers for the APC governorship candidate.

“What matters is not just success; managing success is more difficult than achieving success itself. Managing success and managing the affairs of Borno State is not easy, but with collective support, prayers, and guidance, God will give him the wisdom and energy to succeed as a candidate and, Insha Allah, as Governor,” he said.

Extolling the leadership qualities of Engr. Mustapha Gubio, Governor Zulum described him as a man of integrity, humility, and composure whom he has known for more than two decades.

“Alhaji Mustapha Gubio, I have known him for the past 26 years, since he was a student at the University of Maiduguri. His integrity is evident; he is humane, very gentle, and composed. Insha Allah, God will help him to steer the mantle of leadership of Borno State,” Zulum stated.

The Governor added, “We will continue to pray for our gubernatorial candidate so that the Almighty will give him the wisdom and the wherewithal to steer the leadership of the state.”

Reflecting on the challenges he encountered at the beginning of his administration in 2019, Zulum recalled the sacrifices required to confront the state’s security and humanitarian crises.

“When I took over the leadership of the state, in the first 55 days of my administration, I saw my children only three times. The first four years were really challenging, but Almighty Allah has helped us to see light at the end of the tunnel,” he said.

The Governor expressed appreciation to the delegation for the visit. “As Muslims, when we seek Allah’s guidance and pray for the best outcome, we must accept His decision with complete faith and conviction, knowing that whatever He chooses is ultimately the best for us,” Zulum remarked.

Leader of the delegation, Alhaji Gambo Gubio, commended Governor Zulum for his pivotal role in the emergence of Engr. Mustapha Gubio as the APC governorship candidate for the 2027 election.

“We are here today to express our profound gratitude and thanks for this remarkable occasion. Words alone cannot adequately convey the depth of our feelings or fully capture all that we wish to say. However, we remain sincerely grateful and deeply appreciative,” Alhaji Gambo said.

He described the APC candidate as a worthy son of Gubio and expressed confidence in his future leadership.

Alhaji Gambo also acknowledged Governor Zulum’s achievements in security, infrastructure development, and governance, noting that “Zulum is succeeding,”.

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Hon. Ja’afaru Yakubu Applauds China Harbour on Mararaba-Keffi Road Project

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Hon. Ja’afaru Yakubu, Chairman of the House Committee on Nigeria-China Friendship Relationship Group, has lauded China Harbour Engineering Company (CHEC) for the remarkable progress recorded on the reconstruction and expansion of the Mararaba-Keffi Road, urging the Federal Government to ensure prompt funding for the project’s completion.

Yakubu, who personally visited the project site to inspect the level of work done, expressed satisfaction with the quality and speed of execution. He noted that the 43.65-kilometre dual carriageway, which links the Federal Capital Territory to Nasarawa State, has reached 99.8 percent completion. According to him, the road is not only a critical infrastructure for easing traffic congestion but also a symbol of the growing partnership between Nigeria and China.

Speaking during the visit, Yakubu said: “China Harbour has demonstrated excellence and reliability in this project. Their commitment reflects the strength of our bilateral relationship and the benefits of sustained collaboration between Nigeria and China. This road will serve millions of commuters daily, reduce travel time, and open up new economic opportunities for communities along the corridor.”

The lawmaker emphasized the importance of timely release of outstanding funds under the NNPC Tax Credit Scheme, stressing that delays could hinder the final touches required before commissioning. He pointed out that President Bola Ahmed Tinubu had already directed relevant agencies to expedite payments, and urged strict compliance to ensure the contractor delivers on schedule.

Yakubu also commended the Federal Ministry of Works for adopting innovative engineering solutions, including the use of rigid concrete shoulders alongside flexible carriageways. He explained that such designs would enhance durability, reduce maintenance costs, and extend the lifespan of the highway.

In addition, he acknowledged the complementary role of Nasarawa State Governor Abdullahi Sule, whose administration has embarked on the construction of flyovers to ease traffic flow around the Keffi axis. Yakubu described this synergy between federal and state governments, supported by international partners like CHEC, as a model for sustainable infrastructure development in Nigeria.

The project, awarded in June 2023 at a contract sum of ₦73.9 billion, is expected to be commissioned by President Tinubu in July. Remaining works include kerbs, U-drains, and installation of streetlights, which Yakubu said must be completed to ensure safety and functionality.

He concluded by reaffirming his committee’s commitment to strengthening Nigeria-China relations, noting that projects like the Mararaba-Keffi Road stand as enduring symbols of friendship, cooperation, and shared progress. “This road is more than concrete and asphalt; it is a testament to what Nigeria and China can achieve together when we combine vision, resources, and determination,” Yakubu added.

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