The Minister of Information and National Orientation, Mohammed Idris, says the Federal Government (FG) has rice available for sale at ₦40,000 per bag, but the sale centers cannot be announced yet.
This decision is to prevent the rice from being taken by people with money who might hoard it.
Idris spoke to journalists at Radio House in Abuja on Wednesday.
He explained that the rice was still being distributed to states, and the locations of the sale centers were kept secret for security reasons.
Why No Announcement Of Rice Sales
“It’s in the process of distribution to the various states.
“Sometimes, it is difficult to mention the routes and the time for security reasons.
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“But the rice is already available, it is going to be sold at ₦40,000.
“it is already available, I can confirm that it is going to be sold at various points around the country.
“Care is being taken so that it would not be hijacked by people who have money.
“This helps ensure that the rice reaches the people it is intended for.”
Also, Idris mentioned other initiatives by the Tinubu administration, including the National Education Loan Fund.
According to him, this initiative supports two million students.
Also, he said the government had a ₦110 billion Nigerian Youth Investment Fund, which will be available for the next two years.
