“Between N40k and N45k: Jubilation as Nigerian Govt Crashes Price of Rice, Details Emerge

As part of its measure to tackle the rising cost of foodstuffs in the state, the Sokoto State Government led by Governor Ahmed Aliyu, has set up the machinery to procure 300 truckloads of rice and sell bags of rice at subsidised rates to residents of the state......See Full Story>>.....See Full Story>>

Speaking shortly after the State Executive Council meeting on Wednesday, August 14, the state Commissioner for local government, Ibrahim Adare, said the state government is concerned about the current hardship facing the people of the country including Sokoto residents.

Sokoto residents to buy rice at N40k or N45k

As reported by The Punch, he noted that the state government approved the purchase of 300 truckloads of rice to be made available to state residents at a discount of about 45 percent compared to the market price.

“The state government under the leadership of Dr Ahmed Aliyu Sokoto, as part of his administration plan to make life easy for the residents of the state, decided to procure 300 truckloads of rice.
“The rice will be allocated to each ward. As we all know we have 244 wards in the state, each of the wards is entitled to one truckload of rice and will be made available at discount rates.
“The government will subsidise the item will about a 55 per cent rate. If a bag of rice is N86,000 in the market, we will make it available at between N40,000 and N45,000,” Adare said.

The commissioner noted that the measure “is going to be for everyone in the state irrespective of tribe or political affiliation. Either you are from PDP, APC, Labour or even APGA, you are qualified to purchase the rice which will be at the ward level.”

FG suspends sale of N40,000 rice to workers

In another development, Legit reported that the federal government led by President Bola Ahmed Tinubu had announced the withdrawal of its plan to sell subsidised 50-kilogram bags of rice to civil servants for N40,000.

The decision was communicated through a circular signed by the Permanent Secretary of the Ministry of Special Duties and Inter-Governmental Affairs (Human Resources Management Department).

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