Agriculture
LASG Moves To Prevent Hoarding, Sells Rice, Others
The Lagos State Agricultural Inputs Supply Authority (LAISA) has started selling rice and other food stuffs at reduced prices to prevent hoarding and overpricing during the yuletide.
Assistant General Manager, Commercial, LAISA, Mr Jide Ajenifuja, made this known to The Tide’s source in Lagos.
He said the sale is aimed at stabilising the market prices and not to take over businesses from traders in the market.
“In agribusiness, the moment government comes with the price, the suppliers and also those who are hoarding rice will want to increase the price.
“Now, the state government says a bag of rice is N37,000; we know that Christmas and also election are approaching, therefore, nobody will want to hoard it more than necessary.
“Long grain local rice cost N37,000 per 50kg bag, three litres of Soya bean oil cost N5,000 while one liter of Soya bean sells for N1,900,’’ he said.
The assistant general manager said that there was substantial products in stock and that LAISA would purchase more commodities with availability of funds.
He further said the commodities would be available till 2023 next year because of the election.
He stated that LAISA started the sale of products at Oko-Oba, Agege, on Monday.
“We want to create the awareness that people can purchase rice and oil for the festive period at our office.
“People have started making orders, and we will start delivering them from Wednesday,” he said.
Ajenifuja, however, pointed out that the price of agricultural commodities is fluctuating due to inflation and other crisis globally.
“Last year, we sold rice between N24,000 and N26,000; even early this year, we sold rice at N28,000. But now, it is N37,000 per 50kg.
“The price of agricultural commodities is fluctuating. Fertiliser for instance sold for N7,000 between February and March, but it rose to N27,000 in June and July.
“We knew that there is a looming food crisis. It has already started happening in Egypt, Kenya and other developed countries than Nigeria.
“We sell fertiliser, agro-chemicals, cages and many more. Our primary responsibility is the sale of agricultural produce. We normally sell rice during Christmas”, he said.
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Federal Government and the Ogun State Government, on Wednesday, distributed farm inputs to farmers as part of effort to address food security challenge.
The State Director, Federal Ministry of Agriculture and Food Security, Dr. Toyin Ayo-Ajayi, during the flag-off ceremony of Inputs Redemption Under The National Agricultural Growth Scheme-Agro Pocket (NAGS-AP), in Ogun State, disclosed that beneficiaries of the gesture were primarily rice, maize and cassava farmers across the State.
Ayo-Ajayi commended the Ogun State Government for partnering with the government at the centre for the effort in supporting farmers with inputs that would bring about yieldings for local consumption and likely exportation.
She noted that government is supporting rice, cassava and maize farmers with inputs worth N212,000; N189,000 and N186,000 respectively.
The Permanent Secretary in the State Ministry of Agriculture, Mrs Kehinde Jokotoye, who represented the Commissioner in the Ministry, Bolu Owotomo, stated that traditional farmers are critical in food production, hence the need to encourage and support them with inputs that would bring about desired results during harvesting.
Owotomo said: “Let us make good use of this opportunity, so that the success of this phase will make farmers benefit more from the state and federal governments of Nigeria.”
Earlier, State Coordinator, Federal Ministry of Agriculture and Food Security, Dr. Oluwatoyin Ayo-Ajayi, appreciated the present administration for partnering with the federal government for the initiative, adding that the programme is designed to support farmers at the grassroots level in cassava, rice and maize with inputs such as, seeds, pesticides, herbicides and fertilizers, to boost their production and enhance their livelihood.
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