FG Launches 50kg Rice Sale At N40,000, Requires NIN Verification

The Federal government has launched the sale of 50kg bags of rice at a subsidized rate of N40,000, requiring buyers to present their National Identification Number (NIN) for verification Abubakar Kyari, Minister of Agriculture and Food Security, announced this during the inauguration in Abuja today, stating that the initiative will be implemented nationwide.

It is my pleasure to welcome you all to this historic, all-important, and long-awaited inauguration of the sales of 30,000MT of federal government-milled rice to Nigerians at a subsidized rate of N40,000 per 50 kilogrammes,” said Kyari He noted that the food intervention comes at a critical time given the challenges facing the nation.

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

Kyari attributed the initiative to President Bola Tinubu, stating, “This kind gesture was made possible at the expense and directives of President Bola Tinubu, who does not want Nigerian citizens to go to bed hungry and, in his wisdom, deemed it important to initiate this food intervention.He pointed out that food prices and supply chains have been globally disrupted by factors like COVID-19, the Russia-Ukraine war, and climate change, and Nigeria is no exception.

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