Rice Dealers Attribute Price Increase to Border Closure

Rice Dealers Attribute Price Increase to Border Closure - Natural Junkie

Rice dealers at the popular Igbudu market in Warri south local government area of Delta state have attributed the price increase for a bag of rice to the closure of the Nigerian Border which is to encourage patronage of local rice.

This is coming as a bag of rice which was initially sold between eighteen to Nineteen thousand Naira has risen to  twenty thousand Naira and above.

Some rice dealers who spoke with newsmen during a market survey express their views on the need to patronize local rice.

On his part, the market leader said they are not against patronizing local rice but government should make it available.

Meanwhile, traders have continue to live in fear as a result of the threat by officers of the Nigerian customs who have promised to impound foreign rice if found in shops.

It should be recalled that President Buhari had ordered the closure of Benin-republic border in order to encourage consumption of local rice.

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