Have you observed a decrease in the price of rice at your local market?
There’s a solid explanation for that. The reopening of the Nigeria-Niger border has made rice more inexpensive across Nigeria. Jonathan Joshua, a well-known rice miller, stated that when the border was closed, it was difficult to transport enough rice to produce all of the rice we use.
But now that it’s open, the rice mills are back in operation, and they’re obtaining all of their rice from our neighbors. Jonathan Joshua explains, “Now that we can readily import rice from other nations, many mills are reopening. This means more rice on the shelves and reduced pricing for everyone.
Rice is expected to become considerably cheaper in the coming months. Joshua went on to say, “As soon as the farmers start harvesting their rice, expect prices to drop even more.” That’s fantastic, especially considering everything else appears to be becoming more costly these days. While other costs have risen, rice prices have fallen by 19%!
So, how does this impact your household? More rice at better pricing! With rice becoming more affordable, your shopping budget can go a little further. It’s also excellent news for individuals who prepare rice, such as Joshua and his colleague millers, because they’ll be able to keep their mills going and continue to provide us with our favorite rice recipes.
So, the next time you go shopping and see that rice is a little cheaper, remember that it’s because to the border reopening and the hard work of our local rice millers. Rice lovers in Nigeria appear to have a bright future!
