CBN rolls out 27,000MT of paddy rice to crash the price

On the 23rd of June, 2021, the apex bank, the Central Bank of Nigeria, announced that they had finalized plans to distribute 27,000 metric tonnes of rice paddy directly to millers nationwide beginning on the 24th of June, 2021.

The goal of this initiative is to address the rising cost of rice throughout the world. The move, however, was made in collaboration with the Rice Farmers Association of Nigeria.

The CBN and the Rice Farmers Association of Nigeria have assured everyone that rice prices will fall dramatically once harvesting begins.

Furthermore, in order to ensure proper rice farming and a bountiful harvest, a quality business plan/proposal is required.

Getting a quality business plan for rice farming will produce, but not limited to the below benefits:

  • It contributes to less reliance on rice imports.
  • It provides job opportunities for unemployed Nigerians.
  • It raises per capita or average income and thus improves Nigerians’ quality of life.
  • It lowers the cost of rice.

You can begin by calling or sending a WhatsApp message to 09057306576 or submit all the information concerning your new business plan/proposal directly to a writer through this Get Started  link and WhatsApp us and WhatsApp us. Our professional writers will attend to your business needs.

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