Sentences with phrase «rice importation»
The phrase "rice importation" means bringing rice from one country or place to another country because the receiving country does not produce enough rice to meet its own needs. Full definition
This spells doom to our country where the quantitative restriction on rice importation will soon be lifted.
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The Israeli Ambassador to Ghana and Liberia, Ami Mehl, has expressed shock over the quantity of rice importation into Ghana, calling it «crazy.»
Expressing delight that the agricultural policy of his administration has led to 90 per cent reduction in rice importation, he commended Ebonyi, Lagos, Kebbi, Jigawa and Benue States for «doing extremely well.»
While noting the reconstruction of 114 inner roads across the 57 Local Government Councils in the State, Zakari also commended the Light Up Lagos project and the Agric initiative aimed at encouraging local production of rice, saying that the remarkable initiative had greatly reduced rice importation and enhanced foreign exchange of the country.
We borrowed $ 940 million from the International Monetary Fund (IMF) yet send $ 1.2 billion outside for rice importation.
Managing Director of Ghana Growth Fund Company (GGFC,) the investing arm of GN, Kwame Ofori Asomaning, in a welcome address said that Dr. Nduom has a vision to halt rice importation, which takes $ 1.2 billion yearly to Thailand, Taiwan, America and Chinese farmers.
«I am very pleased with the successes in agriculture,» he said, adding: «We have cut rice importation by about 90 %, made lots of savings of foreign exchange, and generated employment.
According to him, a ban on rice importation would save the Nigerian economy a whopping # 2.3 billion ($ 75million) and boost the production of local rice.
The Delta State Governor, Dr. Ifeanyi Okowa, said in the last few years, a lot had been done on rice production which he said had reduced the amount of money hitherto spent on rice importation.
Government in 2015 spent 800 million Dollars on rice importation.»