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May 27, 2024

Reopening of Nigeria-Niger Border Responsible for Drop in Rice Price – Millers

The Association of Rice Millers has attributed the declining rice prices nationwide to the recent reopening of the Nigeria-Niger border. 

The chairman of African Rice Millers in Nasarawa, Jonathan Joshua made this revelation in a statement.

Joshua, who doubles as the national president, Association of Small-Scale Agro Producers in Nigeria, noted that the reopening of the border has allowed mills that previously shut down due to paddy scarcity to resume production. 

“They can now easily source the grain from neighboring countries. He noted that as a result, the price of rice is expected to drop further in the next two months, especially with the commencement of harvest.”

“Reopening the Nigeria-Niger border has enabled mills to quickly source paddy, leading to the resumption of production,” said Joshua. “We anticipate further drops in rice prices as farmers begin harvesting in the coming months.”

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