Connect with us

General

FG Releases Rice, Maize, Others to Crash Food Prices

Published

on

Imota Rice Mill Paddy

By Adedapo Adesanya

To address the rising food prices in the country, the federal government has released 102,000 metric tonnes of rice, maize, millet, and garri from the nation’s reserves and stores of rice millers to the Nigerian market.

This came after a three-day meeting of the Special Presidential Committee on Emergency Food Intervention, headed by Chief of Staff to the President, Mr Femi Gbajabiamila, at State House, Abuja.

It was also agreed that it would henceforth clamp down on hoarders of food items in the country, stressing that it may import commodities as a last resort in efforts to address the current shortages.

After the meeting at State House, the Minister of Information and National Orientation, Mr Mohammed Idris, said while the Federal Ministry of Agriculture and Food Security would make available 42,000 metric tonnes of maize, millet, garri, and other commodities, the rice millers, through their association, would release 62,000 metric tonnes of rice from their reserves.

“The first one is that the Ministry of Agriculture and Food Security has been directed to immediately release about 42,000 metric tons of maize, millet, garri, and other commodities in their strategic reserve so that these items will be made available to Nigerians.

“The second one is that we have held meetings with the Rice Millers Association of Nigeria, those who are responsible for producing this rice, and we have asked them to open up their stores.

“They’ve told us that they can guarantee about 60,000 metric tons of rice. This will be made available and we know that is enough to take Nigerians for the next one month to six weeks, perhaps, up to two months. They’ve agreed that they will make that available to Nigerians to bring it out to the market so that food can be made available.

“Now, the whole idea of this is to crash the cost of these food items. And these are measures that will happen immediately.

“42,000 metric tons from the strategic government reserve, about 60,000 metric tons of rice from the rice millers association, they have them in all their storage facilities and government, in conjunction with them, after this exhaustive meeting, has directed that they also bring this out immediately so that the price of rice will come down significantly.”

FG Mulls Import as Short-Term Solution, Investment, and Sanctions

The Minister also disclosed that as a last resort government might import commodities to augment available supplies.

“Now, the third item is that the government is also looking at the possibility, if it becomes absolutely necessary as an interim measure on the short run, to also import some of these commodities immediately so that these commodities can be made available to Nigerians within the next couple of weeks.”

Mr Idris stressed that the government had firmed up arrangements to invest massively to have a better farming season, in conjunction with farmers and other stakeholders.

“Now, with all these emergency measures, there is, of course, a directive to the Federal Ministry of Agriculture and Food Security to invest massively, in conjunction with Nigerian farmers and other producers, so that we can have better season coming up shortly.

“We all know that dry season farming is happening, that will take effect very shortly, and that we hope will also contribute, because as soon as the dry season farming gets underway, it is the hope of government that food prices will also come down.

“In the long run, the Federal Ministry of Agriculture is going to invest massively, so that Nigeria will recover its potential as a food basket and we don’t expect that going forward, we are going to be faced with these challenges again.”

He also disclosed that government would view seriously any attempt to hoard the food items, saying, “Government, of course, is also looking at all those who are hoarding these commodities, because, actually, these commodities are available in the stores of many traders.

“Government is appealing to them, that they should open up these stores, make these commodities available in the interest of our nation. There is no point when the whole country is looking for this food, you are locking up these products so that you make more money and then Nigerians suffer.

“Of course, the government will not fold its arms. We know where all these major traders are. We know where all these major stores are. And if they don’t respond by bringing these commodities to the market, the government will take appropriate measures to ensure that these products are made available to Nigerians.”

On possible sanctions against those hoarding food products, Mr Idris said, “You cannot hold the nation to ransom. You cannot have these commodities and you’re hoarding them in your stores, when we all need them. We are in an emergency situation and we will take emergency measures to make sure that this food is available to Nigerians.”

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

General

Senate Passes State Police Bill

Published

on

Senate Petroleum Industry Bill

By Aduragbemi Omiyale

The bill seeking to establish state police in Nigeria was on Wednesday, June 24, 2026, passed by the Senate during a plenary presided over by the Senate President, Mr Godswill Akpabio.

The piece of legislation was passed today after more than two-thirds of the lawmakers in the red chamber of the National Assembly voted in support via a manual voting process involving the raising of hands.

Before the passage at the plenary, the chairman of the Senate Committee on the Review of the Constitution, Mr Barau Jibrin, presented the panel’s report to his colleagues.

According to him, the bill will transform policing in the country and boost security, as it allows the sub-nationals to create their own policing system.

The bill provides for the Federal Police Service to be headed by the Inspector-General of Police, while the State Police Service will be led by a Commissioner of Police, who will be appointed by the governor of the state, subject to confirmation by the state’s House of Assembly.

To prevent the misuse of state police against political opponents or critics, ensuring that any action taken against such individuals or groups complies with due process and existing laws, the bill prohibits the Commissioner of Police of a state from arresting, detaining, investigating, or deploying force against any critic of the state governor, except in accordance with the law.

After the clauses of the bill were considered at the Committee of the Whole, the bill was passed and will be transmitted to the President for assent into law.

Continue Reading

General

Daystar Power Expands Nestlé Solar Partnership Across West Africa

Published

on

Daystar Power

By Adedapo Adesanya

Daystar Power Group has expanded its renewable energy partnership with Nestlé in West Africa, commissioning solar power systems with a combined capacity of 6.884 megawatts across four manufacturing facilities in Côte d’Ivoire, Ghana, and Senegal.

According to a statement, the deployments bring the total installed capacity across Nestlé’s sites to 6,884 kWp, nearly 7 megawatts, making it one of the largest commercial and industrial solar partnerships in the region.

The four sites, two in Abidjan, one in Tema, and one in Dakar, are all fully operational, with each system designed around the specific grid and operational profile of its location.

“Nearly 7 megawatts across four Nestlé facilities is a number we are proud of, but what it represents matters more than the figure itself. It means that one of the world’s most demanding manufacturers has tested our model, trusted it, and come back. Our job now is to keep earning that, across every market where industry needs energy it can count on,” Mr Yischai Beinisch, CEO, Daystar Power Group said in a statement.

The partnership began with a single commissioning and expanded to span three countries and four facilities. In Côte d’Ivoire, Daystar Power has delivered 3,447 kWp across two Abidjan sites. In Ghana, a 2,547 kWp system powers Nestlé’s Tema factory. In Senegal, an 890 kWp installation operates at the Dakar facility.

The company said each system is sized and configured to deliver measurable environmental and social impact, including reduced greenhouse gas emissions and improved energy resilience. The design is tailored to the operational and grid conditions at each location, ensuring reliable, clean energy access while supporting local development and aligning with Nestlé’s publicly stated net-zero commitments.

Adding his input, Mr Samer Chedid, CEO, Nestlé Central and West Africa Region, said the investment reflects its commitment to building a business that not only grows but does so responsibly.

“By advancing solar energy projects in Ghana, Côte d’Ivoire, and Senegal, we are embedding sustainability into our growth, reinforcing our role as a force for good, creating long-term value for communities, and ensuring that our footprint actively contributes to a cleaner, more resilient future,” he said.

Continue Reading

General

Nigeria Adopts New Security Framework to Safeguard Oil Assets

Published

on

oil assets

By Adedapo Adesanya

Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Federal Ministry of Defence have agreed to deepen collaboration on the protection of critical oil and gas infrastructure through a new non-kinetic security framework designed to curb threats, strengthen community relations and sustain rising output.

The initiative comes as Nigeria recorded crude oil production of nearly 1.8 million barrels per day, one of the highest production levels in recent years, amid intensified efforts to combat crude oil theft, pipeline vandalism and other security challenges across the Niger Delta.

Speaking during a courtesy visit by a delegation from the Ministry of Defence to the Commission’s headquarters in Abuja, the chief executive of NUPRC, Mrs Oritsemeyiwa Eyesan, said the country’s recent production gains were directly linked to coordinated interventions involving security agencies and industry stakeholders.

“Today, we are benefiting from those efforts. Last month, we recorded production of nearly 1.8 million barrels per day throughout the month,” Mrs Eyesan said.

She noted that sustained investments in security operations, technology deployment and human capacity development had significantly improved production stability and operational efficiency in the upstream petroleum sector.

According to her, maintaining and expanding the gains has become critical as Nigeria seeks to increase crude oil output, attract fresh investments and maximise revenue generation from the petroleum industry.

“As we look to the future, we desire to grow production and must have assurances that security threats can be effectively managed. We can only achieve this through stronger collaboration with security agencies and industry stakeholders,” she stated.

Mrs Eyesan stressed that safeguarding oil and gas assets remains central to Nigeria’s energy security strategy and economic growth objectives, noting that production assurance has become a key requirement for investors considering new upstream projects.

She disclosed that the Commission was exploring wider deployment of advanced technologies, including drone surveillance systems, to improve monitoring of the country’s vast oil and gas infrastructure network and detect threats before they escalate into operational disruptions.

The NUPRC boss further revealed that the Commission would work closely with operators to refine and implement a new security framework, while providing leadership in stakeholder engagement and governance structures needed to ensure long-term sustainability.

The Minister of Defence, Mr Christopher Gwabin Musa, said the Ministry was introducing a non-kinetic security intervention model aimed at addressing the underlying causes of insecurity in oil-producing communities.

Rather than relying solely on military operations, he explained that the strategy would focus on community engagement, youth empowerment and social inclusion programmes to build lasting peace around critical energy infrastructure.

“One of the best ways to engage youths in oil-producing areas is through sports-based interventions,” Mr Musa stated.

He explained that the initiative would utilise sports development programmes to channel youthful energy into productive activities, reduce vulnerability to criminal networks and strengthen community ownership of critical national assets.

The Defence Minister, who was represented by one of his aides, added that the intervention would also include structured programmes for persons living with disabilities, creating broader opportunities for participation and economic inclusion in host communities.

According to him, the initiative aligns with the Host Community Development provisions of the Petroleum Industry Act (PIA) and is expected to strengthen relationships between operators and host communities while promoting sustainable development.

Continue Reading

Trending