The Competitive African Rice Forum – Nigeria Chapter (CARF-FSD Nigeria), representing a broad coalition of rice farmers, processors, millers, marketers, NGOs, and development partners, has cried out over the threat facing Nigeria’s rice value chain due to policy to what it described as selective import waivers granted by the federal government.
Peter Dama, Chairman, Board of Trustees Competitive African Rice Forum and President Rice Millers Association of Nigeria noted that many local rice milling factories are shutting down because of the new policy.
In a press conference over the weekend, Dama pointed out that although the waiver was meant to temporarily lower food prices and address hoarding, it inadvertently caused a significant decline in local rice market activity.
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