He explained that the subsidy include cost of transportation, bagging and difference in cost price of the rice from other brands, adding that a total of 150 marketers and other ancillary service providers have been empowered through the sale of LAKE Rice. (nigeriapoliticsonline.com)
The Commissioner for Agriculture revealed that LAKE Rice, which is being sold at a highly subsidized rate of N12, 000 per bag of 50 kg, has helped crashed the skyrocketing price of rice in the country. (nigeriapoliticsonline.com)
He said, «This is just the beginning, the actual price of rice will come down because we are expecting a bumper harvest this year. (nigeriapoliticsonline.com)