The Nigerian Federal Government has introduced a new initiative to reduce food prices by selling rice at a subsidized rate. However, this opportunity is exclusively available to Nigerians with National Identification Numbers (NIN).

Government Launches Rice Sale to Control Food Prices

The Federal Government of Nigeria has announced the commencement of a significant rice sale, aimed at stabilizing the food market. Only Nigerians with valid NINs are eligible to purchase this subsidized rice.

The sale involves 30,000 metric tonnes of milled rice, priced at ₦40,000 per 50kg bag.

Purpose of the Rice Sale

The Minister of Agriculture and Food Security, Abubakar Kyari, emphasized that this move is designed to combat food price inflation and prevent racketeering.

Representing President Bola Tinubu, Kyari highlighted that the intervention will be strictly limited to “one bag per person,” ensuring equitable distribution.

Details of the Subsidized Rice Distribution

Kyari detailed that the rice is part of the federal government’s broader strategy to address the current food crisis. He urged citizens to support the initiative, noting that the sale aims to ease the burden of high food costs.

The government’s goal is to make a substantial impact by introducing this 30,000 metric tonnes of rice into the market.

Efforts to Mitigate Food Crisis

Kyari acknowledged the contributing factors to food price hikes, including the COVID-19 pandemic, the Russia-Ukraine conflict, and climate change.

The initiative is part of the government’s efforts to mitigate these challenges and ensure food security for all Nigerians.

Process for Purchasing Subsidized Rice

To purchase the rice, individuals must present their NIN and phone number at the point of sale. This process is designed to prevent fraud and ensure transparency.

The NIN will be logged into the system, generating a code and a Treasury receipt for the buyer.

Ensuring Fair Distribution

The government has implemented measures to guarantee that the rice reaches those in need. By restricting purchases to one bag per person and verifying identities, the initiative aims to avoid misuse and ensure that the benefits are widely distributed.

Conclusion and Future Expectations

The rice sale is expected to significantly reduce rice prices and benefit Nigerians across the country. The government encourages everyone to participate in this initiative, which is part of its broader commitment to enhancing food security.

FAQs

1. Who can purchase the subsidized rice? Only Nigerians with a valid National Identification Number (NIN) can buy the rice.
2. How much does the rice cost? Each 50kg bag of rice is priced at ₦40,000.
3. What is the total quantity of rice available for sale? The Federal Government is selling 30,000 metric tonnes of rice.

References:

• Federal Government Announces Rice Sale
• Minister Abubakar Kyari’s Statement

Source: ChannelsTv

Last Updated on September 6, 2024 by news

Onyinyechi Mark Breaks Paralympic Record: Nigeria’s Onyinyechi Mark has made history at the Paris 2024 Paralympic Games by breaking the world record in the women’s 61kg powerlifting category. She lifted an impressive 145kg, surpassing the previous record set by fellow Nigerian, Lucy Ejike.

This extraordinary achievement not only secured Nigeria’s first gold medal at these Games but also set a new world record. With one lift remaining, Mark is poised to extend her record further. Her closest rival is attempting a 138kg lift, while Mark aims for a final lift of 147kg to solidify her dominance.

Team Nigeria has long been a powerhouse in the Paralympics, particularly in powerlifting and athletics. At the Tokyo 2020 Paralympics, Nigeria won ten medals, including four golds. Athletes like Lucy Ejike and Bose Omolayo have previously set world records and claimed multiple gold medals. This ongoing success underscores Nigeria’s commitment to nurturing and supporting its para-athletes.

Onyinyechi Mark Breaks Paralympic Record: For more details about the 2024 Paralympics and Team Nigeria’s achievements, stay tuned.

Source: ChannelsTv

Last Updated on September 6, 2024 by news

On September 6, 2024, Thailand’s newest Prime Minister, Paetongtarn Shinawatra, took the oath of office, marking a significant moment in Thai politics. At 38, Paetongtarn, also known as “Ung Ing” and daughter of former Prime Minister Thaksin Shinawatra, is now Thailand’s youngest leader.

This event concludes a month of political upheaval that led to her predecessor’s removal and the dissolution of the main opposition party.

The swearing-in ceremony took place at Government House, with King Maha Vajiralongkorn officiating around 6:15 p.m. (1115 GMT). Following the ceremony, Paetongtarn was seen greeting reporters and then departing in an official vehicle.

King Vajiralongkorn extended his congratulations to Paetongtarn’s new cabinet, emphasizing his confidence in their ability to excel in their roles.

The new cabinet, which Paetongtarn leads, has made history with a record number of eight women members, according to Thai PBS.

Paetongtarn succeeds Srettha Thavisin, who was ousted by the Constitutional Court in mid-August for appointing a cabinet member with a criminal record.

In related news, various incoming cabinet members, including Manaporn Charoensri and Supamas Isarabhakdi, arrived at Government House ahead of the official oath-taking ceremony.

Anutin Charnvirakul and Phiphat Ratchakitprakarn were also present, signaling the formation of a new government.

This transition underscores a pivotal shift in Thailand’s political landscape, with Paetongtarn Shinawatra stepping into a leadership role during a time of significant change.

For further details, see related coverage:

• Thailand’s Political Shifts: What to Expect
• Paetongtarn Shinawatra’s Political Journey

Source: ChannelsTv

Last Updated on September 6, 2024 by news