Business
Nigeria To Stop Rice Importation By 2015 – Minister
The Minister of Agriculture, Dr Akinwumi Ayo Adesina says Nigeria plans to stop importation of rice in 2015 by which time the country would be self sufficient in rice production and milling.
The minister made the disclosure recently during his visit to the Onne plant of Notore chemical Industries in the Eleme Local Government Area of Rivers State.
Dr Ayo Adesina disclosed that the policy of stopping the importation of rice by 2015 is part of efforts to restructure and revamp the entire agricultural sector to guarantee food security in the face of growing population.
He expressed dissatisfaction with the huge amount of money being spent on importing rice yearly when the crop could be grown everywhere in the country.
According to him, Nigeria spends about N356billion importing rice and approximately N1billion per day, importing rice while Nigeria’s rice consumption will grow from five million metric tons of rice to thirty five million metric tons by 2050, contending that over dependence on imported rice would grind the economy if not checked.
Dr Adesina said that President Jonathan has launched an agricultural transformation programe with the aim of adding 20 million metric tons of food to the domestic food supply system.