By Dipo Olowookere
From Thursday, December 15, 2016, the product of the joint rice venture entered between Lagos and Kebbi States earlier this year called LAKE Rice would hit the market.
When the rice finally hits the market from next week, it would go for N13,000 per 50kg, the Lagos State government has disclosed.
At the Lagos Chamber of Commerce and Industry (LCCI) National Agriculture Stakeholders Summit on Thursday, Special Adviser on Food Security to the Governor, Mr Sanni Okanlawon, explained that government decided to roll out the rice for residents to enjoy the Yuletide celebrations.
He said the rice was being subsidised by the state government and that sales would be made at all the 57 Local Government Areas (LGAs) and Local Council Development Areas (LCDAs) in the state to ensure proper distribution.
Mr Okanlawon said at the event that, “Lake Rice is the acronym of both Lagos and Kebbi States joint product which will be out to the public on December 15 at the rate of N13,000 per 50kg bag as it is already subsidised by the government.
“To make it more available, the rice will be sold at the 57 LGAs and LCDAs for easy accessibility and to guard against unwanted persons diverting the product.
“The state government has put in place a committee that will ensure that Lagosians have the best Christmas celebration, which is why we are offering the wholesome and well packaged rice.”
more recommended stories
Construction of Nigeria’s First Gold Refinery Begins in Ogun
History was made in Nigeria on.
Pétro Ivoire Secures €19m from Vantage Capital
By Dipo Olowookere Africa’s largest mezzanine.
Nigerian Consumer Wallets under Pressure—Report
Nigeria’s latest Consumer Confidence Index (CCI).
GE Nigeria Establishes e-learning Portal for Entrepreneurs
In line with its commitment to.