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Implement Rice Policy, Reps Tell FG

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Worried by the high
cost of rice in the country, the House of Representatives has wadded in, and urged the Federal Government to fully implement the National Policy on Rice so as to bring down the price of the essential commodity.
The House of Representatives is optimistic that the government will rise to the task of fully implementing the rice policy, with its attendant benefits, including bringing down the skyrocket price and make the commodity affordable to the masses, some of whom are paying through their nose for little quantity of rice.
The House said this much at a public hearing on the new rice tariff regime organised over the weekend by its committee on Customs and Excise, chaired by its chairman, Hon. Sabo Nakudu and featured stakeholders, including officers of the Nigerian Customs and Excise and members of the public.
Throwing more light on the committee’s position after the public hearing, Vice Chairman of the committee, Hon. Kingsley Chinda said, “Truly, you don’t need a legislation because of price or the price of rice in the market, with the current policy of the federal government if it’s implemented fully, I believe that the price of rice will crash. Today we have local rice that is grown here and processed here and bagged in this country; quality of our rice is even better than what we import. Some of the rice that are brought in to this country from India and other countries, you find out that these are food stuffs that have lasted for up to two, three, four, five years and they offload them to Nigeria but what we have from our local farmers are still fresh and very good, nutritious – better than what we import.
“So, I think that if we encourage the local farmers, they have the capacity to continue to do it and as they do that, price will definitely drop, we can surpass the over required quantity of about 6,000 tonnes and even export rice if we implement the rice policy effectively. Today rice farmers farm all season in Nigeria. They confessed they didn’t believe they could farm rice all season. So I think it’s a welcome development…
Chinda, a former commissioner for environment in Rivers State who was answering questions from The Tide continued:”. The public hearing met the objectives of the committee because we set out to look at the rice policy of the country and how well it has impacted on rice millers and growers and then the issue of food sufficiency, particularly in the rice sector, x-ray the problems and come up with solution to the problems, we realise that sometime  – 2011/2012 – the government came up with a rice policy, and part of that rice policy regime included the increase by 100% on the tariff on the importation of rice and last  year, with that 100% increase on the importation of rice, the cost of importation of rice into the country was so high as to discourage importers from bringing in rice from overseas and encourage our local farmers to have the enabling market to offload whatever products they have.

 

Justus Unye-Awaji, Abuja

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FG Approves 4 New Channel Management Firms For Seaports

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The Federal Executive Council (FEC) has approved four new channel management companies for seaports across the country in a move aimed at improving vessel navigation and port operations.
Speaking at the recently concluded Annual General Meeting of the Nigerian Association of Master Mariners (NAMM), former General Manager, Marine and Operations, Capt. Ebubeogu Ihenacho, disclosed that there would be changes in the ownership of the Lagos Channel Management Company Limited and the Bonny Channel Management Company.
According to Ihenacho, the four channels serving Nigeria’s major port clusters will have different channel management companies as approved by the FEC.
He said a new company had been approved to manage the Lagos port channel, with a change of name, while the Calabar Channel would be managed by the Calabar Channel Management Company.
He added that Bonny Channel Management Company had also undergone a change of ownership.
On the Warri Channel, Ihenacho said the Federal Government had approved China Harbour Engineering Company (CHEC) and two other companies to form a consortium to manage the Escravos Channel.
He said: “For Warri, it was approved for China Harbour Engineering Company, CHEC, and two other companies, who would now form a consortium.
That consortium will now form a Special Purpose Vehicle (SPV) with the Nigerian Ports Authority to manage the Escravos Channel.”
Recall that the management of the NPA had declined to renew the concessions of the Lagos Channel Management Company Limited and the Bonny Channel Management Company, opting instead for six-month extensions of the existing arrangements.
By; Enoch Epelle
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RIRS Warns Against Unauthorised Tax Collection

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The Rivers State Internal Revenue Service (RIRS) has warned motorists, transport operators and business owners against paying taxes, levies or charges to Unauthorised persons and organisations, insisting that only the Service and its duly appointed agents are legally empowered to collect taxes on behalf of the state government.
The Service gave the warning in a public notice dated October 21, 2026, signed by its Executive Chairman, Sir Israel O. Egbunefu, FCTI, in which it clarified that the Rivers State Ministry of Transport was not authorised by the state government to collect road tax or any other tax, levy or charge from motorists and transport operators.
RIRS also specifically disowned Explore Strategic Alliance Ltd, located at No. 7 Rumuodaolu Market Road, Port Harcourt, declaring the company had not been appointed or authorised by either the state government or the Service to collect Motor Vehicle Transport (MOT) tickets or any other tax on its behalf.
The revenue agency consequently cautioned members of the public against making payments to the company or any of its staff, stressing that anyone who ignored the warning would do so at their own risk.
It reaffirmed that only the legally authorised agency responsible for tax collection in Rivers State and the appointed agents that would carry out such duties in accordance with the law.
The Service urged taxpayers to demand official identification from anyone claiming to be its tax agent and verify the person’s credentials directly with RIRS before making payments.
It further warned that individuals or groups found impersonating tax consultants, agents or their representatives to collect Unauthorised taxes would be arrested and prosecuted in accordance with the law.
RIRS also called on members of the public to report suspicious persons and activities relating to Unauthorised tax collection to the Service for appropriate action.
The agency advised taxpayers seeking clarification or assistance to visit any of its offices or contact it through its official email address, info@riversbirs.gov.ng.
The Service reiterated its commitment to protecting taxpayers, promoting voluntary compliance and safeguarding the integrity of tax administration in Rivers State.
By: King Onunwor
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Bayelsa consumers Groan  Over Inflation As Traders Remain Helpless Over Low Patronage 

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Consumers and traders at the Swali ultramodern market in Yenagoa, capital of Bayelsa State have continued to groan over high prices of commodities and poor Patronage due to cost-push inflation.
The Tide reports that in the past weeks prices of goods and services in Yenagoa metropolis has experienced increase.
Notable services like transportation have also increased  lately due to increase in the pump price of fuel that has recently further exacerbated inflation in the prices of staple foods like rice, beans, garri and others.
Speaking with The Tide on a market survey, a trader, Mrs Tovie Barakabo said a bag of bean which sold between N120,000-N130, 000 now goes for N140,000-N145,000.
Mrs Barakabo also hinted that the only commodities whose price has not gone up was price of millet which sells N60,000, while big bag of garri now sells for N30,000.
The Tide further gathered from other inside Source that 25 litres of Kings cooking oil currently sells N75,000 as against the former price of N57,000.
Other commodities such as delicious vegetable oil  now goes for N68,000, Pure vegetable oil currently goes for N66, 000, while spaghetti is now N18,800 per bag.
The market survey also discovered that Sonnia tomato mix sells N75,609, while a big and small basket of fresh tomatoes are sold for N30,000 and N6,500 respectively.
A disappointed custom, Mrs Juliet Domo who fielded questions from The Tide expressed her worries over the inflation, calling on government to take decisive stands against inflation.
By: Ariwera Ibibo-Howells, Yenagoa
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